Better than expected iPhone sales led to Apple posting a quarterly revenue of $45.4 billion — up seven per cent YoY (year-over-year) — for the third quarter of 2017. These results compare to revenue of $42.4 billion and earnings per diluted share of $1.42 in the year-ago second quarter, the company said in a statement […]
The US wishes to sit down and hold dialogue with North Korea, but only if the Communist nation gives up its pursuit of nuclear weapons, US Secretary of State Rex Tillerson has said. Days after North Korea on Sunday launched its second intercontinental ballistic missile in a month, Tillerson on Tuesday said Washington was “responding […]
Russian President Vladimir Putin has ordered the American diplomatic mission in Moscow to reduce its staff by 755 employees, an aggressive response to the new US sanctions, the media reported. While making the announcement on Sunday, Putin said Russia had run out of patience waiting for relations with the US to improve, reports The New […]
US President Donald Trump has been pressuring Republican senators not to give up their fight to overturn Obamacare despite their failure last week to pass a bill to partially replace it. Over the weekend, Trump has bombarded Republican lawmakers with Twitter posts in which he has even threatened to cut federal subsidies to their states […]
Days after Tesla CEO Elon Musk said that artificial intelligence (AI) was the biggest risk, Facebook has shut down one of its AI systems after chatbots started speaking in their own language defying the codes provided. According to a report in Tech Times on Sunday, the social media giant had to pull the plug on […]
Japan’s Defence Minister Tomomi Inada has stepped down from office on Friday taking responsibility for a data concealment scandal over the country’s Self Defence Forces (SDF) mission in South Sudan. Prime Minister Shinzo Abe has accepted her resignation and will put Foreign Minister Fumio Kishida in charge of this post until August 3, when the […]
Twitter has added zero users since first quarter, posting $574 million in revenue in the second quarter this year which is a decrease of five per cent YoY (year-on-year). Twitter now has 328 million monthly active users (MAUs) — the same number it reported in the first quarter of 2017. On the contrary, Facebook has […]
US Senate Republicans have unveiled the text of their latest alternative healthcare bill intended to repeal Obamacare, before starting a debate and voting that may extend into Friday. The legislation, dubbed “skinny bill” because only amendments in the few areas where there is consensus will be put to vote, was presented on Thursday night by […]
South Korean tech giant Samsung Electronics on Thursday reported a second quarter net profit of 11 trillion won ($9 billion), up 89 per cent year-on-year, the company said in a statement here. Samsung’s operating profit reached a record level of 14.1 trillion won, up 72.7 per cent. Its turnover also hit a record high, achieving […]
Clocking over two billion monthly active users (MAUs), Facebook has posted a net income of $3.89 billion in second quarter of 2017 — up 71 per cent from the same quarter last year. Riding on increased mobile video ad sales, Facebook stocks hit record high as total revenue was up 44.8 per cent to $9.32 […]