Edition:
United Kingdom

Neha Malara

UPDATE 1-Comcast says Peacock streaming service has over 15 million sign-ups

15 Sep 2020

Sept 15 Comcast Corp said on Tuesday its recently launched streaming service Peacock has over 15 million sign-ups since its launch, a 50% increase since July 30, when the company last provided details.

UPDATE 2-Broadcom signals delay in iPhone chip ramp-up, pointing to later release date

03 Sep 2020

Sept 3 Apple Inc supplier Broadcom Inc said on Thursday that a ramp-up of annual chip shipments would be later this year than most, likely signaling that the next iPhone will arrive after the usual late September launch date.

Zoom forecasts sales surge as video conferencing becomes a daily routine

01 Sep 2020

Zoom Video Communications Inc raised its annual revenue forecast by more than 30% after comfortably beating quarterly estimates on Monday as it converts more of its huge free user base to paid subscriptions.

RPT-UPDATE 3-Salesforce raises 2021 revenue forecast on remote work boost, shares jump

26 Aug 2020

Aug 26 Salesforce.com Inc on Tuesday raised its annual revenue forecast and beat estimates for quarterly results on coronavirus-spurred demand for its online business software that supports remote work and commerce, sending its shares up nearly 15%.

Salesforce raises 2021 revenue forecast on remote work boost, shares jump

26 Aug 2020

Salesforce.com Inc on Tuesday raised its annual revenue forecast and beat estimates for quarterly results on coronavirus-spurred demand for its online business software that supports remote work and commerce, sending its shares up nearly 15%.

Sequoia-backed Snowflake tests IPO investor appetite with wider losses

24 Aug 2020

Sequoia-backed Snowflake Inc on Monday published financial statements for the first time, revealing a surge in revenue growth and huge losses, as the cloud-based data warehouse firm prepares for a high-profile public listing in the coming weeks.

Facebook weighs 'kill switch' for political ads after U.S. election to curb misinformation, source says

21 Aug 2020

Facebook Inc is considering halting political advertising after U.S. Election Day to curb post-election misinformation, a source who has had discussions with the company said Friday.

TikTok removes 380,000 videos in U.S. for violating hate speech policy

20 Aug 2020

TikTok has removed more than 380,000 videos in the United States for violating its hate speech policy so far this year, the short-form video app said on Thursday.

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