Huawei is well on its way to give a record thumping to Apple’s iPhones in full year smartphone sales. On Thursday, China’s Huawei Technologies Co Ltd reported a record rise in the sales of its consumer business which exceeded $52 billion in 2018, mainly on account of its premium smartphones. According to Richard Yu, Huawei’s…
DJI is investigating a number of cases involving corruption which caused its prices to shoot up by 20%. It has already fired 45 individuals from its R&D and procurement divisions. In a statement, SZ DJI Technology Co Ltd, the world’s largest maker of consumer drones, stated its employees had inflated the cost of parts for…
Missing revenues forecasts and sales targets is adding pressure to Cupertino’s human resource management strategy for 2019. As per a report from Bloomberg citing sources familiar with the matter at hand, Apple Inc is set to cut hiring for some of its divisions. The development comes in the wake of Apple Inc missing its sales…
The acquisition is aimed at increasing its foothold in the Nordic region. As per a statement from Meniga, a London-based fintech company, it is acquiring its Sweden-based peer Wrapp for an undisclosed amount. The acquisition is aimed at increasing its footprint in the Nordic region. Both companies provide merchants the ability to offer personalized rewards…
Along with the launch of its Kunpeng 920 chipset, Huawei has launched servers which will house the Kunpeng 920 chip. Incidentally, Huawei has a long term partnership with Intel. On Monday, in a significant development, China’s Huawei Technologies Co Ltd launched new server chips that is aimed at reducing its imports and reliance on U.S.…
Subscribers will be able to watch the content using Roku’s mobile application – a first for Roku. Roku Inc will now offer premium video contents, alongside its free ones, to its subscribers for a fee, said the video streaming service in a statement. This will include premium channels from Lionsgate-owned Starz, CBS Corp’s Showtime, Noggin…
The ad operations of Google and Facebook in the EU will be significantly affected if the proposal is agreed upon by all 28 member states of the European Union. As per a European source, France and Germany have sought to salvage a EU tax proposed that aims to levy digital tax on large tech firms…
Apple has once again slashed production plans for its brand new iPhone XS, XS Max and the XR models. The holiday shopping season in the U.S. is crucial to boosting third quarter sales. As per a report from the Wall Street Journal, Apple Inc has cut production for all three iPhone models that were launched…
With online video games being Tencent’s cash machine, their shuttering is likely to impact its revenues. On Monday, Tencent Holdings stated, it will discontinue Texas Hold’Em poker video game from its market place. The move is aimed at complying with Chinese laws with Beijing intensifying its scrutiny over the gaming industry. Tencent stated it will…
The practice was confined to only small to mid-size businesses. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, American Express Co raised currency conversion rates for business clients without notifying its customers in advance; AmEx’s move was aimed at boosting its employee commission and revenues. The…
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