Tag: Silicon Valley
JEDI wins: Pentagon review finds Microsoft pitch still best | USA News
The United States Department of Defense said on Friday it has completed a comprehensive re-evaluation of its $10bn JEDI cloud computing contract proposals and determined that Microsoft Corp’s submission still represents the … Read More
Facebook, Google battle Australia over proposed revenue-share law | Australia News
Facebook Inc says it will block news sharing on its platforms in Australia if the government goes ahead with a law to force it, and Alphabet Inc’s Google, to pay … Read More
Apple and Tesla shares spike after stock splits kick in | News
High-flying shares of Apple Inc and Tesla Inc surged again on Monday as stock splits took effect and attracted more buying from investors. Apple jumped over 4 percent and Tesla … Read More
Apple delivers blowout quarter, announces 4-for-1 stock split | News
Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic … Read More
Alphabet revenue falls for first time ever as ad sales slump | News
Alphabet Inc.’s revenue fell for the first time ever as the coronavirus pandemic and ensuing economic fallout forced advertisers to pull back spending. Ad sales, which make up the bulk … Read More
Facebook’s quarterly earnings, user growth beat expectations | News
Facebook Inc beat analysts’ estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic even as … Read More