Edition:
United Kingdom

Sayanti Chakraborty

Broadcom sees chip demand slowing down, shares fall 8%

13 Jun 2019

Broadcom Inc on Thursday warned of a broad slowdown in chip demand, blaming a trade conflict between the United States and China and export restrictions on Huawei Technologies Co Ltd and the chipmaker cut its revenue forecast for the year by 8%.

Box shares fall 13% as forecast hit by longer sales cycle

03 Jun 2019

Box Inc on Monday cut its full-year forecast below analysts' estimates, citing longer sales cycles from larger deals, sending its shares down 13% in extended trading.

Workday beats revenue and profit estimates on higher subscriptions

28 May 2019

Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and human resources software.

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge

22 May 2019

Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices. | Video

Apple's Webkit to launch new privacy feature for ad tracking

22 May 2019

Apple Inc said on Wednesday its browser engine Webkit will launch a new technology to track advertising clicks and whether they lead to a product purchase while preserving the privacy of users.

Nvidia revenue forecast beats as demand for gaming chip rises

17 May 2019

Nvidia Corp forecast second-quarter revenue above Wall Street estimates on Thursday, as it expects sales of its graphics chip to benefit from a recovery in the gaming market.

UPDATE 2-New York Times signs up more online subscribers, shares rise

08 May 2019

May 8 The New York Times Co reported better-than-expected quarterly profit and revenue on Wednesday as it signed up more online subscribers, sending its shares up as much as 4 percent.

Qualcomm hangs on to most Apple gains after earnings report

02 May 2019

Qualcomm Inc shares fell about 3.5% on Wednesday as investors got their first look at the bottom line impact of a patent fight settlement with Apple Inc, including a multibillion dollar one-time payment and more modest future patent fees.

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