EU News Digest Latest News & Updates
Luke Sharrett | Bloomberg | Getty Images An employee works on a Ford Expedition sports utility vehicle on the assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky. Ford is cutting a shift at two of its plants, but the automaker’s avoiding layoffs by moving workers to other …
Read More »Monthly Archives: November 2018
Google CEO Sundar Pichai to testify for House Judiciary Committee
Stephen Lam | Reuters Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Google CEO Sundar Pichai is expected to testify in front of the House of Representatives Judiciary Committee on Dec. 5 at 10 a.m. to discuss …
Read More »Amazon will be off all Oracle databases by end of 2019, says AWS chief
Patrick T. Fallon | Bloomberg | Getty Images Andy Jassy, CEO of Amazon Web Services, speaks at the WSJDLive Global Technology Conference in Laguna Beach, Calif., on Oct. 25, 2016. By the end of this year, almost all of Amazon’s databases that ran on Oracle will be on an Amazon …
Read More »2019 will see islands of 5G coverage starting to be rolled out, Telenor SVP says
Dave Zhong/Getty Images for CNBC International Hakon Bruaset Kjol, Senior VP – Partner and External Relations Asia of Telenor Group, speaks during Fireside Chat on Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 28, 2018 in Nansha, Guangzhou, China “What is going to …
Read More »China tariffs have not hurt U.S.-made BMW SUV sales one bit
Luke Sharett | Bloomberg | Getty Images A worker applies final touches on a Bayerische Motoren Werke AG (BMW) sports utility vehicle (SUV) on an assembly line at the BMW Manufacturing Co. plant in Greer, South Carolina, U.S. on Thursday, May 10, 2018. China’s import taxes on U.S.-made cars have …
Read More »Wall Street analysts smitten with Salesforce’s ‘very strong’ earnings
David Paul Morris | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018. Wall Street offered on Wednesday glowing analysis of Salesforce’s third-quarter earnings report, which included a hefty profit beat and 26 percent revenue growth …
Read More »Putin on Ukraine dispute
Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Putin speaks during the State Awards Ceremony at the Kremlin on November 27, 2018 in Moscow, Russia. According to the Kremlin, Putin is planning to meet with U.S. President Donald Trump at the G20 Summit in Argentina at …
Read More »Early Facebook investor stands by Zuckerberg but calls for change
David Paul Morris | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook, holds his phone after the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 13, 2018. Mark Zuckerberg should remain in power at Facebook, but a …
Read More »Apple stock history shows rout continuing
Apple shares have lost more than quarter of their value in less than two months but one of Wall Street’s top analysts on the stock explained why history is against a turnaround any time soon. “Sell-side estimates have only been revised downwards by -0.8% so far, and history suggests that …
Read More »Trump could seek trade truce with China at G-20 despite tough rhetoric
Qilai Shen | Bloomberg | Getty Images President Donald Trump, left, and Xi Jinping, China’s president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. President Donald Trump could push for a compromise on trade with China at …
Read More »