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SK Hynix said shipments of DRAM chips to remain flat in the present quarter
The South Korean chipmaker, which counts Apple among its customers, posted 41 percent drop in quarterly profit as server demand due to the coronavirus-driven shift to working from home partly offset weak smartphone business....
Intel Q1 revenue of $19.8 billion, up 23% despite coronavirus
Intel reported 69% year-over-year adjusted earnings growth and 23% year-over-year revenue growth for the first quarter, beating Wall Street’s targets for financial performance in a quarter that was affected at the end by the global pandemic....
Singtel secures $3 billion credit for subsidiaries
Singapore Telecommunications (Singtel) subsidiaries have secured close to $3 billion (2.43 billion pounds) in bank credit facilities, it said on Friday. Singtel Group Treasury and A$800 million ($510 million) for its Australian subsidiary Optus Finance....
China trying all measures to stop spread of Coronavirus
China, from where Coronavirus took birth is now trying all the measures to stop the spread of coronavirus. In a bid to stop the spread of deadly coronavirus (Covid-19)...
Facebook Invests In Reliance To Access Into Data Goldmine
Facebook buying a 9.99% stake into Reliance Jio Platforms for $5.7 billion(Rs 43,574 crore deal ), comes along a lot of concerns related to the future of the Indian internet and digital ecosystem. It is the largest FDI in the Indian tech sector. This is going be a deeper impact in the business of Airtel and Vodafone Idea. ...
Dassault Systemes and Aden Group Collaborate to Fight Against COVID-19
Dassault Systèmes (Euronext Paris: #13065, DSY.PA) and Aden Group, one of Asia’s largest integrated facility management companies, today announced their intent to collaborate on the development of a turnkey, ready-to-use...
Datamatics and 3dotDigital enter into a strategic partnership
Datamatics Global Services Ltd. (DGSL), a global IT & BPM company today announced its strategic partnership with 3 Dot Digital Pty Ltd (3dotDigital) to strengthen its foothold in Australia. Headquartered in Brisbane, Australia,...
First 55,000 drivers receive grants from the Uber Care Driver Fund
Uber today confirmed it has disbursed grants to 55,000 drivers from the Uber Care Driver Fund, which it set up with an initial commitment of INR 25 crores, to support drivers amidst the ongoing COVID-19 pandemic. ...
Human trials of COVID-19 vaccine to begin from this week
Oxford University shall conduct the Human trial Of COVID-19 vaccine this week. Scientists at the university believe there is an 80 percent chance of success. ...
Vudu to be bought by Comcast-owned Fandango
Walmart's video-on-demand service Vudu announced it will be acquired by Fandango Media, a movie ticketing service owned by cable company Comcast, has agreed to acquire Walmart Inc’s video-on-demand service, Vudu. ...