Technology investor Prosus NV on Wednesday reported an 82 percent drop in earnings per share for the half year ended Sept. 30, due to higher investment costs and a smaller contribution from its large stake in China’s Tencent Holdings Ltd. The reported earnings of $1.81 per share were in line with expectations after Prosus published […]
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Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4 percent in its third quarter, and overall sales for the company slowed down in the past couple of months, “particularly in geographies with unseasonably warm weather.” The company also trimmed its net profit forecast for the fiscal year ending January 2023. […]
HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter […]
The widespread use of the Internet nowadays results in severe leaks of private information. Security breaches and hacker attacks have become commonplace, and numerous frauds and scams online are our present-day reality. Even if you do not feel endangered or extremely worried about your online security, there are certain factors to take into consideration when […]
Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned […]
Android Police is made possible by readers like you. We might receive an affiliate commission if you buy something after clicking on one of our website’s links. Keep reading. eSIMs, or embedded SIMs, have been around for a while. They are the only means of tethering your LTE smartwatch to a mobile network. Today, however, […]
Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]
Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
In addition to battery power and renewable fuels, hydrogen has the potential to be a paradigm-shifting technology that will be crucial in developing the carbon-neutral civilizations of the future. A kind of energy called hydrogen has characteristics that can lower the overall amount of greenhouse gas emissions. While biofuels, battery-electric vehicles, and machines may already […]
Alphabet Inc’s Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s Riot Games […]