EU News Digest Latest News & Updates
David Paul Morris | Bloomberg | Getty Images An employee inspects a tray of mosquito larvae in the mosquito factory at the Verily Life Sciences LLC lab in South San Francisco, California, U.S., on Thursday, Oct. 18, 2018. Verily, Alphabet’s life science division, is building a tech-focused rehab campus in …
Read More »SoftBank’s investment fund dumps entire $3.6 billion stake in Nvidia
Rick Wilking | Reuters Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Chipmaker Nvidia suffered another setback Wednesday after SoftBank’s Vision Fund disclosed it had sold its entire stake, worth more than $3 billion, …
Read More »Twitter called before Indian parliamentary panel
SOPA Images | Getty Images The logos of Twitter, Facebook and Google Twitter was summoned on Tuesday before an Indian Parliament panel to present its views on “safeguarding citizens’ rights on social/online news media platforms.” The notice was tweeted by Anurag Thakur who heads the Parliamentary Committee on Information Technology …
Read More »Facebook changes employee evaluations to add focus on ‘social issues’
Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook on Tuesday night announced it revamped its performance …
Read More »Disney expects to take a $150 million hit as it cuts ties with Netflix
Marvel Studios Brie Larson as Captain Marvel, the first female superhero lead for Disney’s blockbuster comic book movie business, and ‘the most powerful character’ Marvel has come up with yet, according to the company’s president. Disney is going to lose $150 million in operating income as it makes the move …
Read More »EA Q3 2019 earnings
Patrick T. Fallon | Bloomberg | Getty Images Andrew Wilson, chief executive officer of Electronic Arts Inc. (EA), speaks during the company’s EA Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017. EA fell more than 10 percent after hours …
Read More »Disney earnings Q1 2019
Patrick T. Fallon | Bloomberg | Getty Images Bob Iger, chairman and chief executive officer of The Walt Disney Co. Walt Disney Co. is expected to report its first-quarter earnings after the market close Tuesday as the entertainment giant expands its direct-to-consumer offerings amid growing competition from Netflix and other …
Read More »Alphabet Q4 earnings: All the important numbers
Bloomberg | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., attends a news conference in New Delhi, India, on Wednesday, Jan. 4, 2017. Alphabet appears to have spooked investors with its fourth-quarter earnings report Monday. The stock shed 3 percent immediately after the report and opened …
Read More »Apple HomePod smart speaker market share
Getty Images A prototype of Apple’s new HomePod is displayed during the 2017 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 5, 2017 in San Jose, California. Apple’s smart speaker is struggling to grab market share from the Amazon Echo and Google Home. A new …
Read More »Apple has reportedly reached a deal with France over paying back taxes
Kevin Frayer | Getty Images The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China. Apple agreed to pay $571 million to French authorities to settle a back-dated tax, French media reported on Tuesday. “As a multinational company, Apple is regularly …
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