Edition:
United Kingdom

Ayanti Bera

Cisco's first-quarter forecast disappoints, shares fall

12 Aug 2020

Cisco Systems Inc on Wednesday forecast first-quarter revenue and profit below Wall Street estimates and laid out a restructuring plan, as the coronavirus crisis forced its clients to hold back spending.

Uber may be forced to shut down California ride services over new driver ruling

12 Aug 2020

Uber Technologies Inc would be forced to shut down its ride-hailing operations in California if a court ruling that blocks it from classifying its drivers as independent contractors goes into effect, the company said in a court filing.

What did you do during lockdown? I was playing 'Grand Theft Auto'

04 Aug 2020

Take-Two Interactive Software Inc sold over 15 million units of "Grand Theft Auto V" in the first two quarters of the year, as more people lapped up the action-adventure videogame to keep themselves entertained during lockdowns.

New York Times promotes Kopit Levien to CEO, succeeding ex-BBC chief Thompson

22 Jul 2020

The New York Times Co on Wednesday named Chief Operating Officer Meredith Kopit Levien as its new chief executive, replacing Mark Thompson who is credited with pushing for the company's successful transformation into an online publisher.

HP Enterprise to buy Silver Peak for about $925 million

13 Jul 2020

Hewlett Packard Enterprise Co said on Monday it would buy Silver Peak, a developer of tools to enhance the performance of wide area networks (WAN), for about $925 million in cash.

CoreLogic rejects $7 billion takeover bid from investment firms

07 Jul 2020

Property data and analytics company CoreLogic rejected an unsolicited $7 billion takeover offer from two investment firms on Tuesday, saying it expected to earn more this year and would buy back more of its stock.

EA extends partnership with Spain's La Liga for exclusive FIFA rights

24 Jun 2020

Electronic Arts Inc on Wednesday extended its licensing contract with La Liga until 2030, allowing the video game maker to retain exclusive access to the Spanish top-tier soccer league for its flagship football franchise "FIFA".

World News