Finance

by | September 02, 2020 | 00:43

All that money pouring in helped Zoom earn almost $186 million, or 66 cents per share, during its latest quarter, up from just $5.5 million at the same time a year ago. Zoom has been notably more successful than some of its rivals at converting customers who use its free services into paid subscribers. Zoom's number of large customers - those generating more than $100,000 in revenue in the past year - more than doubled to 988 in the fiscal second quarter.

by | September 01, 2020 | 21:23

The president has yet to reveal the identity of the person who allegedly saw the left-wing activists on the plane. Mr Trump made the claim about the plane in an interview on Monday (Aug 31) with Fox News host Laura Ingraham, who asked him who he thought was controlling Democratic presidential nominee Joe Biden .

by | September 01, 2020 | 15:26

Democrats initially sought $1 trillion to help cities and states weather the coronavirus crisis, but Trump, McConnell and other Republicans refuse to provide what they call "bailouts" for states. "She would rather have zero and keep it at 2.2". The $1.3 trillion has been offered in private, Meadows said. There haven't been any negotiations on the coronavirus stimulus package in the past three weeks.

by | September 01, 2020 | 11:10

Democratic White House hopeful Joe Biden on Monday called for an end to "lawlessness" and violence in protest-hit USA cities, while blaming Donald Trump's "toxic" presidency for fueling unrest that has left several people dead. Unwarranted police violence". But at a campaign rally on Friday, however, Trump said "we're going to have to look at" possibly using the Insurrection Act going forward as he sought to frame his reelection campaign in terms of a mission to "save democracy from ...

by | September 01, 2020 | 07:58

Are drones going to be delivering Amazon packages? The Federal Aviation Administration (FAA) granted Amazon Prime Air the designation, which allows Amazon to begin its first commercial delivery trials in the US, Bloomberg reports . "We will continue to develop and refine our technology to fully integrate delivery drones into the airspace, and work closely with the FAA and other regulators around the world to realise our vision of 30-minute delivery".

by | September 01, 2020 | 06:58

Private consumption, which generates almost half of the nation's gross domestic product, grew a revised 1.5 per cent in sequential terms, slightly better than a 1.4 per cent rise estimated earlier. The latest data show that the industry and services sectors shrank 38.1 per cent and 20.6 per cent, respectively. "India is definitely experiencing a V-shaped recovery".

by | August 31, 2020 | 20:40

The Dow Jones Industrial Average rallied 161.60, or 0.6 per cent, to 28,653.87 and clawed its way back to a tiny gain for the year. The Fed's "new-found acceptance of higher inflation suggests the recovery could continue for much longer, as will near-zero rates", Carter said.

by | August 31, 2020 | 20:38

India's economic growth plunged 23.9 percent between April and June, the worst contraction on record since New Delhi started publishing quarterly statistics, government data showed on Monday. The death toll climbed to 64,469 with 971 more people succumbing to the infection in a span of 24 hours, as per the data. "In this context, the localised lockdowns being imposed by State and district administrations may be avoided so that the economic recovery can be kept on track".

by | August 31, 2020 | 18:24

United is also extending its waiver for new tickets issued through December 31, 2020, to permit unlimited changes with no fee. Now it is making the policy permanent for all standard Economy and Premium cabin tickets and also applying it to any ticket already booked through the end of the year.

by | August 31, 2020 | 17:42

In terms of sector moves it is a much wider approach than the last time Buffett and Berkshire moved into multiple companies in a sector - the USA airline business starting in 2016 and eventually became the largest shareholder in united, America, Southwestern and Delta.

by | August 31, 2020 | 10:28

In recent years, the retail group has been battling competition from up and coming players such as the Aditya Birla Group, Reliance Retail and V-Mart on the brick-and-mortar retail side. The counter opened at Rs 162.3 and touched an intraday high and low of Rs 162.3 and Rs 152.0, respectively, in the session so far. "We hope to continue the growth momentum of the retail industry with our unique model of active collaboration with small merchants and kiranas as well as large consumer brands".

by | August 31, 2020 | 02:54

Since the moment of this particular creating, Microsoft , Twitter, Oracle , and also Walmart have actually all apparently revealed enthusiasm in acquiring TikTok's US possessions. Triller, perhaps smelling blood in the water, joins the ever-growing list of US companies trying to get a piece of TikTok's huge social media market share.

by | August 30, 2020 | 19:50

The latest trading halt came just hours after Air New Zealand announced a roughly $300 million annual net loss as it was battered by plummeting demand. That disrupted trading on both days but at different times. Trading on the stock exchange in Wellington resumed this afternoon after a fourth day of offshore cyber attacks had disrupted its operations.

by | August 30, 2020 | 18:27

The flying auto managed to circle the field for about four minutes with a pilot on board. The mobility company says that it aims to make the flying vehicle into a real-life product by 2023 after conducting more tests, developing technologies and achieving full compliance with the safety provisions.

by | August 29, 2020 | 21:26

Xpeng officially filed its prospectus on August 8 with plans to start trading under the ticker symbol " XPEV ". The company had delivered 1,966 flagship P7 sedans and 18,741 G3 SUVs through July 31. According to Reuters , there is also a so-called greenshoe option in which another 14.96 million shares can be issued within the next 30 days that would allow Xpeng to raise a further $224.4 million.

by | August 29, 2020 | 19:31

The company added that it will reopen offices where it is able to, but said it does not expect to see a significant return to the office in the USA or Latin America in 2020. Apple, Amazon and Microsoft as well, do not have any plans to reopen offices before early 2021, and from the trend that is being set by Google and Facebook, readers can expect an extension from these companies as well.

by | August 29, 2020 | 18:27

While the e-van order with Mercedes is Amazon's biggest in Europe, it is dwarfed by a contract it signed past year with US start-up Rivian to deliver 100,000 electric delivery vans by 2030. To coincided with joining the Climate Pledge , the vehicle manufacturer has also announced that it is providing more than 1,800 EVs to Amazon's Delivery Service Partners, to assist with deliveries across the globe.

by | August 29, 2020 | 15:26

According to Refinitiv , a financial markets data firm, economists predicted a contraction of 39.6 percent (annualized rate) in the quarter. After steep declines at the height of the Covid-19 outbreak in April and May, however, real GDP surged 6.5 percent in June.

by | August 29, 2020 | 12:42

According to court documents , Kriuchkov tried to recruit a Tesla employee and to convince him to deploy an unknown malware strain on the company's computer network via a USB drive or using an email with a malicious attachment. The Bureau launched a sting operation, sending the employee in, wearing a wire and shared text communications with Kriuchkov as they were negotiating the terms of the malware attack.

by | August 29, 2020 | 10:27

And, it appears to have an Apple AirPods Pro-like design with rubberized ear tips and in-ear design. After Apple, it is Xiaomi which is in the second spot with 10% market share and Samsung is in third place with 6% market share. The newly launched Samsung Galaxy Buds Live feature numerous same tech specs as AirPods. "The South Korean company says it has shipped 300,000 pairs of the Buds Live in their first few weeks of availability, though part of those have been bundled with the Galaxy ...

by | August 29, 2020 | 02:25

The move will affect almost 200,000 full-time and contract employees of Google and Alphabet. Every week, the Android Central Podcast brings you the latest tech news, analysis and hot takes, with familiar co-hosts and special guests. "With robust health and safety protocols in place, we have opened offices in 42 different countries and hope to reopen in many more as conditions permit", Pichai said .

by | August 28, 2020 | 23:10

Appointing a new commissioner will be troublesome for the new Irish coalition government and sending a sitting politician could spark an unwanted byelection. Ursula von der Leyen also said that she respected his decision and was grateful for his work."He was a valuable and respected member of the college", she said.

by | August 28, 2020 | 21:55

According to The Wall Street Journal , which first reported the news, almost all of the 200,000 Google employees and contractors worldwide would see an extension of the option which had been set to end in January 2021. In a note to staff, Pichai explained, "I know it hasn't been easy". Pichai "was swayed in part by sympathy for employees with families to plan for uncertain school years that may involve at-home instruction, depending on geography", according to the Journal report.

by | August 28, 2020 | 19:53

Oracle, whose Chairman Larry Ellison is one of the technology world's few supporters of Trump, has partnered with some of ByteDance's investors, including General Atlantic and Sequoia, on its bid for the TikTok assets. ByteDance launched TikTok in 2017, then bought Musical.ly, a video service popular with teens, and combined the two. "The learning curve was steep for him, from daily operations to geopolitical implications", said one of the people.

by | August 28, 2020 | 19:29

The first is the BYGGLEK 201-piece LEGO brick set, retailing for just $14.99 - a steal compared to some of the LEGO building sets retailing at other outlets. BYGGLEK is a range of LEGO-compatible boxes that aim to combine storage and play. Andreas Fredriksson , a designer at IKEA , shares that kids' thoughts and ideas do not necessarily stop when the play with physical elements end, but they continue to build in their minds and imagination.