British defense minister Michael Fallon resigned from his position on Wednesday saying he accepted his conduct in the past had fallen below high standards. Fallon was named in an a newspaper article earlier this week which said he had touched a radio presenter’s knee in 2002. The BBC reported on Monday that Fallon’s spokesman said […]
Read moreQualcomm reported quarterly earnings and revenue on Wednesday that beat analysts’ expectations, even as the chipmaker remains mired in a costly legal battle with Apple. Here’s how Qualcomm did compared to what Wall Street expected: Earnings per share of 92 cents vs. 81 cents expected, according to Thomson Reuters Revenue of $5.96 billion vs. $5.8 […]
Read moreSome of the ads posted to Facebook by Russia-affiliated groups ahead of the U.S. presidential election were recently published by the House Intelligence Committee. The release follows a confirmation earlier this week from Facebook that organizations controlled by the Russian government posted more than 80,000 times reaching as many as 126 million Americans with its […]
Read moreFacebook is expected to report higher third-quarter profit after the closing bell, as revenue is seen rising 40 percent from a year ago on higher sales of digital ads. The company is expected to say earnings rose to $1.28 per share, according to the consensus estimate of analysts compiled by Thomson Reuters, up from $1.09 […]
Read moreTesla reports earnings after the bell on Wednesday. Here’s what Wall Street expects: Adjusted loss per share of $2.29, according to Thomson Reuters Revenue: $2.95 billion, according to Thomson Reuters The California-based electric car maker is continuing to ramp up production of its Model 3 sedan, after bottlenecks resulted in the company falling far short […]
Read moreTax reform is sorely needed and should have been done years ago, Apple CEO Tim Cook told NBC News‘ Lester Holt. Apple has a deep understanding of the effects of taxes on business, Cook said, telling NBC that companies don’t bring cash back to the U.S. because of taxes. “[T]his isn’t good for the U.S. […]
Read moreThe heavy favorite to be named the next head of the U.S. central bank has indicated he isn’t against bitcoin, but isn’t embracing the idea of a central bank-issued digital currency. President Donald Trump is expected to announce his pick for the next Federal Reserve chair Thursday, and the latest reports indicate he is leaning […]
Read moreAdvertising technology companies like Facebook and Twitter have said they will make drastic improvements to safety and security of their platforms — but they may face regulation from Congress anyway, two technology industry veterans said. “My guess it will be a mix of some self-regulation with the big major players, Facebook and Google, in particular, […]
Read moreMembers of Congress blasted representatives from Facebook, Twitter and Google on Wednesday for what they said was their inadequate response to Russian mischief made on their platforms during the 2016 election. “I don’t think you get it,” Sen. Dianne Feinstein, D-Calif., told the companies’ general counsels during the Senate Intelligence Committee hearing. “What we’re talking […]
Read moreThe iPhone X has a lot of new features you won’t find in any other iPhone, and one of the most fun is called Animoji. Animoji animated characters — a rabbit, a monkey, a robot and more — that come to life when you move your face. The new 3-D face sensors on the iPhone […]
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