Google expected to see double-digit revenue and profit growth for second quarter amidst AI cloud enthusiasm, stronger ad sales
TECHNOLOGY POWERING BUSINESS
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Intel Shares Sink As AI Surge Hits Chip Revenue
Intel shares sag after company shares gloomy revenue predictions, as data centre chip demand hit by priority for AI spending
Microsoft Sees Cloud Payoff, But Remains Cautious On Outlook
Azure cloud service revenues grow 59 percent as chief Nadella says company has 'seen two years’ worth of digital transformation in two months'
Intel Sees Cloud, PC Sales Surge Amidst Economic Uncertainty
Intel sees jump in cloud and PC sales for first quarter, but higher costs in Q2 and economic unknowns for the rest of the year
Amazon Surges Past $1tn Mark Once Again On Strong Earnings
But Amazon Web Services faces increased cloud competition from Microsoft, whose Azure grew 62 percent year-on-year in the fourth quarter
Samsung Electronics Chief Resigns, Citing ‘Unprecedented Crisis’
Kwon Oh-hyun, considered Samsung's No. 2, has resigned even as the company forecasts record growth for its chip unit and strong smartphone sales
Microsoft Delivers Strong Azure Results, But Revenues Weak Overall As Growth Slows
Microsoft said its commercial cloud, which includes Azure, is now at a $10bn annualised run rate
Intel Cutting 12,000 Jobs As Pivot To Cloud And IoT Continues
Chipmaker reports steady revenues, but is taking a $1.2bn restructuring charge as company pushes cloud and IoT 'growth engines'
Microsoft Boosted By Intelligent Cloud Growth And Surface Sales
Microsoft hits revenues of £17.9bn but still hides its true Azure results, which are bundled in with 'Intelligent Cloud' division
Amazon Web Services Achieves £5.6bn In Sales In 2015
Amazon Web Services now on £7bn annual run rate as fourth quarter revenues reach £1.7bn
Facebook Sales Hit £4bn As Mobile Advertising Pays Off
Facebook reports £700m in quarterly profit as mobile user base reaches almost one billion a day
Yahoo ‘Rejects’ Offers For Internet Business
Sources claim Yahoo will reveal its next strategic moves on 2 February, the day of its quarterly earnings call
Higher Costs Dampen Palo Alto Networks’ Bumper Revenue
Palo Alto Networks eyes rise to the top with 2015 billings growing 58 percent year-over-year
IBM Sees 13th Consecutive Quarterly Revenue Decline
Growth in cloud computing and big data wasn't enough to compensate for declines in business services, software and hardware
Cloud Growth Weighs Down SAP Profits
SAP reported strong growth in its cloud-based products, but saw lower profits and margins as a result
Intel Sees Record Quarter After Data Centre Boost
Chipmaker reaps rewards from PC sales, but outlook is disappointing
Lenovo Reports 29 Percent Profit Rise
Lenovo's growth in smartphones and PCs outpaced that of the world market, driven by sales in Europe and the Americas
Twitter Disappoints With Slowing Growth
Twitter shares plummet as investors take fright at its slowing growth and usage figures
Google Capital Invests $50m In Real Estate Marketplace Auction.com
Auction.com deal is the latest from Google Capital investment arm
Google Overtakes Intel To Become ‘World’s Top Dealmaker’
Search engine giant takes Intel’s crown as the largest buyer and supporter of tech firms over the last three years
Twitter Earnings Show Revenue Increase, Slower User Growth
In its first earnings report since going public, Twitter showed improved revenues but a user base that is growing more slowly
Intel Says It Expects No Revenue Growth in 2014
Prediction comes despite Intel reporting a 6 percent growth in Q4
Horrible Trading Consequences From HTC’s Q4 Earnings
Sale of Beats Electronics stake helps HTC record a Q4 profit, but the market isn’t convinced
Oracle Reports Solid Earnings Amid Positive Cloud Signs
Oracle beats Wall Street expectations as its fiscal Q2 earnings grow by 7 percent amid cloud optimism
IBM Revenues Hit By Hardware Decline
IBM's revenues were down for the third quarter, affected by declining hardware sales, while software and cloud technologies continued to show promise
Google Shares Plummet After Accidental Earnings Release
An estimated £13.7bn was wiped off the value of Google after the early release of its quarterly earnings report
IBM Posts Flat Q3 As Revenues Slip
IBM has reported sluggish quarterly financials after posting flat income coupled with a 5 percent fall in sales
HP Exceeds Analysts’ Expectations
HP chief Meg Whitman has promised 'no more surprises' for a while in dealings with press and shareholders