Microsoft’s profits soared during the first three months of 2021, thanks to ongoing demand for its software and cloud computing services during the pandemic. The company on Tuesday reported fiscal third-quarter profit of $14.8 billion, up 38% from the same period last year. “Over a year into the pandemic, digital adoption curves aren’t slowing down. […]
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Google’s digital advertising network has shifted back into high gear, with its corporate parent reporting profit that more than doubled after an unprecedented setback during the early stages of the pandemic. The robust first-quarter advertising growth announced Tuesday provides the latest sign that advertisers are expecting the economy to roar back to life as more […]
Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker’s ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects […]
Charged up by strong sales of its electric cars and SUVs, Tesla on Monday posted its seventh-straight profitable quarter. The company made $438 million in the three-month period that ended March 31, as sales more than doubled the same period last year to nearly 185,000 vehicles. Tesla said adjusted net income, excluding stock-based compensation, passed […]
Apple Music is coming to a city near you — the streaming service has launched daily music charts focused on particular cities around the world, including New York City, Tokyo and Lagos. The streaming service unveiled City Charts on Monday for more than 100 cities, and the Top 25 songs on each local chart are […]
A German software developer who made a fortune from bitcoin has given the environmentalist Green Party one of the biggest political donations in the country’s history in hopes it will win this year’s national election — and consider banning the digital currency. Moritz Schmidt’s donation of 1 million euros ($1.2 million) to the Greens made […]
Chinese tech titan Huawei is reportedly looking to launch two satellites alongside two Chinese partners during July 2021 meant for verifying 6G network technologies, as the company aims to take the lead in its global R&D efforts, The Global Times reported late last week. According to the report – which cites independent digital blogger Chang’an […]
What did the world learn at Joe Biden’s global summit about his vision of the battle to save the world’s climate? For two days, Biden and his team of climate experts pressed his case that tackling global warming not only can avert an existential threat, but also benefit the U.S. economy — and the world’s […]
At the height of the COVID-19 pandemic, brick and mortar businesses suffered the most due to worldwide lockdown measures enacted, while other businesses took a significant hit to their earnings as global supply chains were exhausted. These circumstances outlined the world’s technological readiness in the wake of crises, or lack thereof; but while many companies […]
Climate. Climate. Macron. Macron again. Beep. Beep. Beep. Can someone please tell Vladimir Putin he’s on live? Mr. President, Mr. President? And please unmute yourself, Australia Prime Minister Scott Morrison. Just like the rest of us, world leaders are still figuring out the tech side of virtual work, even more than a year into the […]