YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”.
Ford’s top executives took heat from shareholders over their plan to do away with sedans as we know them in Ford’s North American lineup, as the company held its annual meeting Thursday. Critics said the plan to shelve the Fiesta, Focus and Taurus, reduce the Focus to one crossover model, and concentrate on high-margin trucks and SUVs was a shortsighted abandonment of entire market segments of affordable vehicles. …read more […]
(Reuters) – File sharing and storage company Dropbox Inc beat Wall Street expectations for quarterly results and topped estimates for paying subscribers in its first financial report as a publicly traded company.
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”.
(Reuters) – News Corp , controlled by media mogul Rupert Murdoch, topped analysts’ estimates for quarterly revenue on Thursday as the company benefited from a rise in online subscriptions and strong performance in its digitial real estate business.
Nvidia Corp. revealed for the first time how much revenue it generated from chip sales to the cryptocurrency market — and said that figure will be much smaller in the second quarter. Demand from cryptocurrency miners was stronger-than-expected in the first quarter and translated into revenue of $289 million, Nvidia said Thursday on its earnings conference call. “Crypto miners bought a lot of our GPUs in the quarter and it drove prices up,” Nvidia Chief Executive Officer Jensen Huang said on a conference call. …read more […]
Boston Dynamics’ showed off a new video on Thursday. Its Atlas bipedal robot can now run and jump over obstacles, while its SpotMini robot can now autonomously navigate around obstacles and climb stairs. …read more […]
(Reuters) – Daniel Loeb’s activist hedge fund Third Point LLC is in talks with investment banks about launching a “blank check” company that would raise money in an initial public offering to pursue an acquisition, according to people familiar with the matter.
(Reuters) – News Corp , controlled by media mogul Rupert Murdoch, reported a bigger third-quarter loss on Thursday as the company recorded $1.16 billion in charges, largely due to write-downs related to Foxtel and FOX SPORTS Australia.
(Reuters) – Symantec Corp said on Thursday its financial results and forecast may change based on the outcome of an internal investigation that was initiated after concerns were raised by a former employee.
iQiyi’s first earnings report, an analyst buy rating, and a successful new membership program are giving investors plenty of reasons to bid up the stock. …read more […]
On a per-share basis, the Santa Clara, California-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, came to $2.05 per share. The results surpassed Wall Street … …read more […]
(Reuters) – Wall Street jumped on Thursday, and Apple inched closer to a $1 trillion stock market value, as tepid inflation data eased worries of faster U.S. interest rate hikes this year.
(Reuters) – News Corp , the owner of Wall Street Journal and book publisher HarperCollins, reported a 5.8 percent rise in quarterly revenue on Thursday, as more people used its real estate app and website.
(Reuters) – File hosting service provider Dropbox Inc topped analysts’ estimates for paying subscribers in its first financial report as a publicly traded company.
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