Search results for "stock"

NASCAR signs Verizon to upgrade wireless, wifi at 12 tracks

By JENNA FRYER AP Auto Racing Writer DAYTONA BEACH, Fla. (AP) — NASCAR announced a deal with Verizon on Thursday intended to give fans at its 12 racetracks better access for their phones and solve a long-simmering headache over dead zones at the sprawling venues. The deal will improve connectivity at the 12 tracks owned […]

Uber loses $1.1B investing in food delivery, driverless cars

By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — Uber is still losing money as it expands its food delivery business and develops technology for driverless cars. But revenue for its rides business nearly tripled in the final three months of last year as the company picked up more passengers around the world. That […]

Google 4Q revenue grew, but not enough for Wall Street

By BARBARA ORTUTAY AP Technology Writer SAN FRANCISCO (AP) — Google’s revenue grew, but Wall Street wanted more. Parent company Alphabet‘s stock fell more than 4% after financial results came out Monday, even as profits rose 19% and beat expectations for the last three months of the year. Helped by lower taxes, Alphabet said Monday […]

Facebook reports 4Q profit, user growth despite challenges

By BARBARA ORTUTAY AP Technology Writer SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference. Its profit and revenue both handily surpassed Wall Street’s expectations. The company also said it settled a lawsuit filed […]

Apple holiday season tops projections as iPhone bounces back

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity of its smartwatch, digital services and wireless earbuds. That combination produced a banner holiday season for a company whose fortunes appeared to be sliding just a year […]

6G technology and future implementation

The idea of discussing 6G technology might seem a little ridiculous, especially, when we have yet to fully deploy 5G technology. But, based on our current observations of an increasingly digitised, hyper-connected, data driven society, is it any wonder that excitement is brewing over 6G technology and its future implementation? 6G refers to the sixth […]

Sale ending soon? How online stores trick you into buying

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — Sale ending soon! Only two left! This is a hot item! If you’ve shopped online, you’ve probably seen those messages. What you may not realize: They’re designed to make you spend more. Online stores have adopted tricks used for years by infomercials and home shopping […]

Telco responds to climate change through innovation

The World Economic Forum is currently taking place in Davos, Switzerland. One of the key launches of this year’s event came from Scandinavian telecom giant, Ericsson. In collaboration with partners, Ericsson has launched the first business playbook for exponential climate change. The playbook summarises a framework for businesses to drive strategies in line with stabilizing […]

Netflix holds its own in the streaming wars - for now

By RACHEL LERMAN AP Technology Writer SAN FRANCISCO (AP) — Netflix is holding its ground in the streaming wars, passing its first big test since Apple and Disney launched rival services. The company added 8.8 million worldwide subscribers during its fourth quarter, surpassing expectations at a time when it faces heated competition. Netflix had said […]

HBO Max chief dismisses streamer's high-end fee as obstacle

By LYNN ELBER AP Television Writer PASADENA, Calif. (AP) — HBO Max’s high-end subscription fee won’t be an obstacle to the streaming service’s launch, said Kevin Reilly, its chief content officer. “People do not shop for their entertainment experiences with price being the primary” motivation, Reilly told a TV critics meeting Wednesday. “People don’t say, […]