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Business

Business / National

iPhone sales dip 7%, Tim Cook sees strong response to new iPhone SE

May 1, 2020 - by IANS

Cupertino: Temporary supply and demand shortage in COVID-19 times led to a 7 per cent decline in iPhone revenue (year-over-year), with the iPhone category logging almost $29 billion in sales in …

iPhone sales dip 7%, Tim Cook sees strong response to new iPhone SE Read More
Business / News Update

Amazon logs 26% revenue growth, to spend $4 billion on COVID-19 expenses

May 1, 2020May 1, 2020 - by IANS

Seattle: Buoyed by the surge in demand as people stayed home owing to the pandemic globally, net sales increased 26 per cent to $75.5 billion for the ecommerce giant in the …

Amazon logs 26% revenue growth, to spend $4 billion on COVID-19 expenses Read More
US dollar slips as risk appetite improves
Business / News Update

US dollar dips in volatile trading

May 1, 2020 - by IANS

New York: The US dollar extended losses in volatile trading on Thursday as market participants rebalanced their portfolios and continued to digest the Federal Reserve’s policy update. The dollar index, which …

US dollar dips in volatile trading Read More
Business / News Update

Reliance Jio’s Q4 net profit up 177.5% at Rs 2,331 cr

April 30, 2020 - by IANS

Mumbai: Telecom major Reliance Jio on Thursday reported a rise of 177.5 per cent in standalone net profit on an year-on-year basis for the January-March quarter of the financial year 2019-20. …

Reliance Jio’s Q4 net profit up 177.5% at Rs 2,331 cr Read More
Business / News Update

Trump administration advancing personal vendetta against us: Amazon

April 30, 2020 - by IANS

Washington: Jeff Bezoz-run Amazon was left in shock when the Donald Trump administration put five of its foreign websites – India, Canada, the UK, Germany, France – on the “Notorious Markets” …

Trump administration advancing personal vendetta against us: Amazon Read More
Business / News Update

Samsung may use BOE’s OLED screens for future Galaxy models

April 30, 2020 - by IANS

Seoul: South Korean tech giant Samsung is in talks with Chinese electronics company BOE to make some of the OLED screens for future Galaxy smartphones. According to Display Supply Chain Consultants …

Samsung may use BOE’s OLED screens for future Galaxy models Read More
Google Stadia tests game streaming on a 4G or 5G network
Business / News Update

Google purged 2.7 billion bad ads in 2019, COVID-19 fake ads next target

April 30, 2020 - by IANS

San Francisco:  Google blocked and removed 2.7 billion bad ads —more than 5,000 bad ads per minute and suspended nearly 1 million advertiser accounts for policy violations, the company announced …

Google purged 2.7 billion bad ads in 2019, COVID-19 fake ads next target Read More
Business / News Update

Sensex gains 1,000 points, Nifty above 9,800

April 30, 2020 - by IANS

Mumbai:  The BSE Sensex jumped over 1,000 points on Thursday rising above the 33,500 level, tracking gains in the Asian markets. Asian equity markets rose after scientists in the US …

Sensex gains 1,000 points, Nifty above 9,800 Read More
Business / News Update

Apple to pay $18mn as settlement for FaceTime lawsuit

April 30, 2020 - by IANS

San Francisco: Apple has agreed an $18 million deal to settle a class-action lawsuit in California that accused the tech giant of intentionally breaking FaceTime on older iPhones, specifically the iPhone …

Apple to pay $18mn as settlement for FaceTime lawsuit Read More
Business / News Update

Sensex up 800 points tracking gains in Asian markets

April 30, 2020 - by IANS

Mumbai: The key Indian equity indices surged on Thursday morning with the BSE Sensex rising over 800 points. The jump on the domestic market was in line with the increase in …

Sensex up 800 points tracking gains in Asian markets Read More

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