Markets
Google’s parent company, Alphabet, makes over $36 billion in Q1 2019
- April 30, 2019
Excluding that, profit was US$11.90 a share. Google's "other revenues" saw a 25% increase to $5.45 billion. That dip could shave more than $65 billion from Alphabet's market value if it holds when the markets open Tuesday. Of this year's revenue, 84.5% came from advertising whereas it accounted for 85.5% last year. "We see strong momentum", Google CEO Sundar Pichai said. (more...)
- April 30, 2019
Excluding that, profit was US$11.90 a share. Google's "other revenues" saw a 25% increase to $5.45 billion. That dip could shave more than $65 billion from Alphabet's market value if it holds when the markets open Tuesday. Of this year's revenue, 84.5% came from advertising whereas it accounted for 85.5% last year. "We see strong momentum", Google CEO Sundar Pichai said. (more...)
Burger King's meatless Impossible Whopper will soon be available nationwide
- April 30, 2019
The spokesperson added that the sales of the Impossible Whopper are complementary to the regular Whopper. "I've tasted the product many times, in fact I've sometimes overused my executive privilege to have the Burger King chefs bring me the product into the office on occasion". (more...)
- April 30, 2019
The spokesperson added that the sales of the Impossible Whopper are complementary to the regular Whopper. "I've tasted the product many times, in fact I've sometimes overused my executive privilege to have the Burger King chefs bring me the product into the office on occasion". (more...)
Retailers' Nightmare: Amazon Gearing Up for One-Day Shipping
- April 29, 2019
Amazon is one of the largest employers in America with 647,500 full-time and part-time workers as of December 31, 2018. Amazon Prime's move from two-day to one-day shipping this year is a prudent one, even if it comes at a significant cost for the Seattle tech giant, say analysts. (more...)
- April 29, 2019
Amazon is one of the largest employers in America with 647,500 full-time and part-time workers as of December 31, 2018. Amazon Prime's move from two-day to one-day shipping this year is a prudent one, even if it comes at a significant cost for the Seattle tech giant, say analysts. (more...)
Jaguar Land Rover will pay you crypto to hand over driving data
- April 29, 2019
The use of blockchain technology will allow consumers to earn IOTA cryptocurrency , though the client will need to share their data to reap the reward, according to a report from the New York Times . Several vehicles have been kitted out with the tech, which can send the reported data to navigation providers or local authorities, which can warn other drivers or bring out the asphalt, respectively. (more...)
- April 29, 2019
The use of blockchain technology will allow consumers to earn IOTA cryptocurrency , though the client will need to share their data to reap the reward, according to a report from the New York Times . Several vehicles have been kitted out with the tech, which can send the reported data to navigation providers or local authorities, which can warn other drivers or bring out the asphalt, respectively. (more...)
SAS pilot strike leads to more flight cancellations for Monday, Tuesday
- April 29, 2019
The strike started Friday, there were 673 canceled flights on Friday, 326 canceled flights Saturday, and 587 canceled flights Sunday, over 64,000 passengers are affected on sunday alone. However, SAS warned that meeting pilots' demands would have very negative consequences for the company. Over 1,400 pilots are involved in the strike. (more...)
- April 29, 2019
The strike started Friday, there were 673 canceled flights on Friday, 326 canceled flights Saturday, and 587 canceled flights Sunday, over 64,000 passengers are affected on sunday alone. However, SAS warned that meeting pilots' demands would have very negative consequences for the company. Over 1,400 pilots are involved in the strike. (more...)
Is Rivian Ford's Secret Weapon In The Electric Pickup Revolution?
- April 29, 2019
Scaringe stated Rivian has strategies for vehicles in the future, and both firms said they probably would have products which compete for buyers. Ford previously announced that it was investing $11 billion in EV development and has confirmed that it will come to market with a fully-electric Mustang-inspired crossover vehicle in 2020 and a zero-emissions F-150 pickup truck. (more...)
- April 29, 2019
Scaringe stated Rivian has strategies for vehicles in the future, and both firms said they probably would have products which compete for buyers. Ford previously announced that it was investing $11 billion in EV development and has confirmed that it will come to market with a fully-electric Mustang-inspired crossover vehicle in 2020 and a zero-emissions F-150 pickup truck. (more...)
India Considers Complete Ban on Digital Currencies
- April 28, 2019
Earlier there were reports that government is looking to bring in regulation policies regarding digital currencies and were in the process of setting up a committee. The Indian edition New Indian Express refuted these data and indicated in the article that officials do not recommend banning virtual currencies. The ministry of corporate affairs has in its feedback to the department of economic affairs pointed out the sale purchase and issuance of cryptocurrencies such as Bitcoin, Etherium ... (more...)
- April 28, 2019
Earlier there were reports that government is looking to bring in regulation policies regarding digital currencies and were in the process of setting up a committee. The Indian edition New Indian Express refuted these data and indicated in the article that officials do not recommend banning virtual currencies. The ministry of corporate affairs has in its feedback to the department of economic affairs pointed out the sale purchase and issuance of cryptocurrencies such as Bitcoin, Etherium ... (more...)
Fresh probe launched into how Facebook stored millions of user passwords
- April 28, 2019
Ireland's data protection watchdog said on Thursday that it had opened an investigation into Facebook after the social media giant said that hundreds of millions of passwords were not stored securely on its servers. Regulators estimate that more than half a million Canadians may have been affected. If a company is found in breach of GDPR rules by a statutory inquiry, the Data Protection Commission has "corrective powers" such as issuing fines or a "temporary or definitive ban on processing ... (more...)
- April 28, 2019
Ireland's data protection watchdog said on Thursday that it had opened an investigation into Facebook after the social media giant said that hundreds of millions of passwords were not stored securely on its servers. Regulators estimate that more than half a million Canadians may have been affected. If a company is found in breach of GDPR rules by a statutory inquiry, the Data Protection Commission has "corrective powers" such as issuing fines or a "temporary or definitive ban on processing ... (more...)
Slack discloses $141 million loss as messaging startup joins tech listing rush
- April 28, 2019
The following year it lost $140 million on $220.5 million in revenue. Slack said it has more than 10 million daily active users globally, with more than half outside the US. Slack's chief executive and founder Stewart Butterfield was part of the team that started the photo-sharing service Flickr. The company is hoping for a valuation of more than $10 billion in the listing, Reuters had previously reported. (more...)
- April 28, 2019
The following year it lost $140 million on $220.5 million in revenue. Slack said it has more than 10 million daily active users globally, with more than half outside the US. Slack's chief executive and founder Stewart Butterfield was part of the team that started the photo-sharing service Flickr. The company is hoping for a valuation of more than $10 billion in the listing, Reuters had previously reported. (more...)
Chevron posts 27% fall in quarterly profit
- April 28, 2019
The world's largest publicly traded oil company, valued at almost $340 billion, said that profits had fallen in all of its business units in the first quarter. The firm owned 1,661 shares of the oil and gas company's stock after acquiring an additional 404 shares during the period. Production rose to 3.9 million barrels of oil and gas, a 2% increase from the same period past year. (more...)
- April 28, 2019
The world's largest publicly traded oil company, valued at almost $340 billion, said that profits had fallen in all of its business units in the first quarter. The firm owned 1,661 shares of the oil and gas company's stock after acquiring an additional 404 shares during the period. Production rose to 3.9 million barrels of oil and gas, a 2% increase from the same period past year. (more...)
U.S. stocks close mixed amid corporate earnings
- April 28, 2019
Also Ford Motor Co surged 10.7% and was the biggest percentage gainer on the S&P after the automaker posted better-than-expected quarterly earnings largely due to strong pickup truck sales in its core USA market. About 25 minutes into trading, the Dow Jones Industrial Average was down 0.8 per cent at 26,374.95. Excluding energy, the growth rate would climb to 1.4%. (more...)
- April 28, 2019
Also Ford Motor Co surged 10.7% and was the biggest percentage gainer on the S&P after the automaker posted better-than-expected quarterly earnings largely due to strong pickup truck sales in its core USA market. About 25 minutes into trading, the Dow Jones Industrial Average was down 0.8 per cent at 26,374.95. Excluding energy, the growth rate would climb to 1.4%. (more...)
RBS warns Brexit uncertainty will put pressure on profits
- April 28, 2019
Net profits for the three months to 31 March were £707m, which was down on last year's £808m but well above the average of £546m forecast by analysts. Given that the Markets business employs almost £140bn of capital, yet its contribution to profits is marginal at best and costs seem to be completely disproportionate compared with the rest of the group, investors would be within their rights to ask whether RBS should continue to support it. (more...)
- April 28, 2019
Net profits for the three months to 31 March were £707m, which was down on last year's £808m but well above the average of £546m forecast by analysts. Given that the Markets business employs almost £140bn of capital, yet its contribution to profits is marginal at best and costs seem to be completely disproportionate compared with the rest of the group, investors would be within their rights to ask whether RBS should continue to support it. (more...)
Bitfinex Users Withdraw Crypto en Masse Following Major Controversy
- April 28, 2019
The premier cryptocurrency first fell almost 6%, although it has since recovered somewhat, and is now trading around $5,165. "These latest allegations not only bring Tether's credibility into question, they cast a dark cloud over the entire industry", Innes said . (more...)
- April 28, 2019
The premier cryptocurrency first fell almost 6%, although it has since recovered somewhat, and is now trading around $5,165. "These latest allegations not only bring Tether's credibility into question, they cast a dark cloud over the entire industry", Innes said . (more...)
Facebook investigated by New York AG over email harvesting
- April 28, 2019
Facebook admitted last week that it " unintentionally uploaded " 1.5 million new users' email address books since 2016, potentially slurping up hundreds of millions of people's contact information - including non-Facebook users - which was then used for targeted advertising and to suggest potential " friends " based on email connections. (more...)
- April 28, 2019
Facebook admitted last week that it " unintentionally uploaded " 1.5 million new users' email address books since 2016, potentially slurping up hundreds of millions of people's contact information - including non-Facebook users - which was then used for targeted advertising and to suggest potential " friends " based on email connections. (more...)
Apple Announces Voluntary Recall of Three-Prong AC Wall Plug Adapter
- April 28, 2019
You can identify if your three-prong is one of the affected units or not by following the instructions below. Apple provided no details about the condition of those complaining about sparky kit; in response to an email to The Register , the company merely confirmed it wants its misbegotten adapters back. (more...)
- April 28, 2019
You can identify if your three-prong is one of the affected units or not by following the instructions below. Apple provided no details about the condition of those complaining about sparky kit; in response to an email to The Register , the company merely confirmed it wants its misbegotten adapters back. (more...)
Apple recalls older three-prong AC power adapters
- April 28, 2019
Apple claims the risks are only associated with the AC wall plug adapters that shipped with Macs and some iOS devices between 2003 and 2010, in addition to the three-pronged plug included in the World Travel Adapter Kit. You can find more information on the three-prong and two-prong wall plug recall program notes . This is not the first time Apple has initiated such a voluntary recall. (more...)
- April 28, 2019
Apple claims the risks are only associated with the AC wall plug adapters that shipped with Macs and some iOS devices between 2003 and 2010, in addition to the three-pronged plug included in the World Travel Adapter Kit. You can find more information on the three-prong and two-prong wall plug recall program notes . This is not the first time Apple has initiated such a voluntary recall. (more...)
Second largest uncut diamond in history unearthed
- April 28, 2019
A giant 1 758-carat diamond, the second-biggest ever discovered, has been found in Botswana. "Weighing close to 352 g and measuring 83 mm x 62 mm x 46 mm, the diamond has been characterised as near gem of variable quality, including domains of high-quality white gem", Lucara said. (more...)
- April 28, 2019
A giant 1 758-carat diamond, the second-biggest ever discovered, has been found in Botswana. "Weighing close to 352 g and measuring 83 mm x 62 mm x 46 mm, the diamond has been characterised as near gem of variable quality, including domains of high-quality white gem", Lucara said. (more...)
Russian Federation won’t immediately raise oil output after Iran waivers end
- April 28, 2019
West Texas Intermediate crude ended at $63.30 a barrel, down $1.91, or 2.9 percent. While the United States decision to end waiver for Iran sanctions came as a shock for the markets earlier this week and led to a rise in crude oil prices, which breached the $75 per barrel on Thursday, a sharp decline of 3 per cent in the crude prices on Friday saw the rupee and stock markets witness a relief rally. (more...)
- April 28, 2019
West Texas Intermediate crude ended at $63.30 a barrel, down $1.91, or 2.9 percent. While the United States decision to end waiver for Iran sanctions came as a shock for the markets earlier this week and led to a rise in crude oil prices, which breached the $75 per barrel on Thursday, a sharp decline of 3 per cent in the crude prices on Friday saw the rupee and stock markets witness a relief rally. (more...)
LEGO reveals new collection of braille bricks for visually impaired children
- April 27, 2019
Each brick represents a different Braille letter or number and is created to be used by all children, not just those who are visually impaired. The Lego Braille Bricks, which were unveiled this week at the Sustainable Brands Conference in Paris but will not be available until 2020, have the studs of numbers and letters in the Braille alphabet moulded on to them. (more...)
- April 27, 2019
Each brick represents a different Braille letter or number and is created to be used by all children, not just those who are visually impaired. The Lego Braille Bricks, which were unveiled this week at the Sustainable Brands Conference in Paris but will not be available until 2020, have the studs of numbers and letters in the Braille alphabet moulded on to them. (more...)
Elon Musk and the SEC resolve dispute over the Tesla’s CEO’s tweets
- April 27, 2019
While deliveries to left-hand drive mainland Europe started in early February this year, Musk said that he hoped to cover all of eastern Europe by the end of 2019 . Nathan previously gave Musk and the SEC two weeks to work out an agreement after a federal court appearance. "Any attempt by Musk to circumvent the process will be much more easily policed", he said. (more...)
- April 27, 2019
While deliveries to left-hand drive mainland Europe started in early February this year, Musk said that he hoped to cover all of eastern Europe by the end of 2019 . Nathan previously gave Musk and the SEC two weeks to work out an agreement after a federal court appearance. "Any attempt by Musk to circumvent the process will be much more easily policed", he said. (more...)
Latest news
Indigenous leaders meet to discuss implications of Canadian reconciliation efforts