Companies

August 2, 2022 Chromebook sales continued their downward trend in demand and shipments in the second quarter, with year-over-year shipments down 51.4%. Only 6 million units were shipped during Q2 2022 below the 12.3 million units shipped in more...

August 2, 2022 Software security company Check Point's second-quarter profit beat analyst estimates by 2% thanks to double-digit revenue from cloud protection offerings and other networks security. Between April and June, Check Point earned US$1.64 per diluted share more...

August 2, 2022 According to four people familiar with the matter, the U.S. is considering restricting the shipment of American chip products to memory chip manufacturers in China. The move, if approved, would prohibit the shipment of US more...

August 1, 2022 Ring, Amazon's video doorbell and home security firm is legally allowed to share video requests in "emergencies" without users' consent. In 2022 alone, Amazon's Ring gave video footage to police in more than ten cases more...

August 1, 2022 Google CEO Sundar Pichai unveiled a new effort called "Simplicity Sprint," which will gather ideas from its 174,000-plus employees on where to focus and how to improve efficiency. Pichai said the company will open the more...

August 1, 2022 The Algorithmic Accountability Act requires all companies that use AI to conduct critical impact assessments of the automated systems they use and sell under the terms of the Federal Trade Commission (FTC). In particular, the more...

August 1, 2022 The quarterly results from Apple and Amazon have helped bolster investor confidence, despite the uncertainties looming from the economic downturn. Together, Apple and Amazon have increased their market value by about US$175 billion. Amazon's shares more...

August 1, 2022 The U.S. Federal Communications Commission (FCC) announced that it has now opened bids for its latest auction of mid-band spectrum auction. The auction is aimed at boosting the country's next generation of 5G wireless services, more...

August 1, 2022 The U.S. Commerce Department has announced plans to limit the size of government subsidies for semiconductor production. The Commerce Department said that the award to chip companies will be "no larger than is necessary to more...

August 1, 2022 At a company-wide meeting on Thursday, Meta chief executive Mark Zuckerberg admitted he was optimistic about the company's growth after the huge profits it made during the pandemic era. As a result, the company took more...

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