Strong performance from its cloud divisions saw Microsoft deliver yet another successful quarter despite struggles for its Windows operations. The company’s $51.9 billion revenue for the quarter leading up to June 30 2022 was up 12% compared with the same period last year, comprising an operating income of $20.5 billion (up 8%) and a net…
Monthly Archives: July 2022
A combination of weather and maintenance was blamed for the delay. Robert Alexander/Getty Images American Airline passengers were held on a plane with limited air-con for six hours, a report says. Genna Contino, a reporter for The Charlotte Observer, said passengers were sobbing on the plane. She tweeted that there was also no food or…
New US home sales dropped sharply in June, data showed on Tuesday. CHRIS DELMAS/Getty Images New home sales in the US hit a two-year low in June, in the latest sign of the rapid slowdown in the housing market. Some analysts are expecting prices to fall rapidly in the coming months, while others merely expect…
President of El Salvador Nayib Bukele Rolan Barrientos/APHOTOGRAFIA/Getty Images El Salvador said Tuesday it will buy back $1.6 billion in sovereign bonds to avoid default. Bitcoin-bull President Nayib Bukele tweeted that he would ensure the nation has the available funds to make bond purchases. Since the Central America nation adopted bitcoin as legal tender last…
The pandemic and changing consumer preferences have fundamentally altered the payments & commerce ecosystem, and retailers and brands will need to adapt to retain fickle consumers. The companies that continue to digitize the shopping journey, while promoting sustainability and reducing friction, will win in 2022. As the new year is starting, we’ve compiled three trends…
Speaker of the House Nancy Pelosi (center) leaves her weekly news conference accompanied by staff and security. Chip Somodevilla/Getty Images House Speaker Nancy Pelosi is tentatively planning to travel to Taiwan in August. China has repeatedly warned against the trip and threatened military action if it goes ahead. US officials told the AP the DOD would…
Cathie Wood’s flagship fund is the ARK Innovation ETF. David Swanson/Reuters Funds run by tech investor Cathie Wood sold 1.41 million shares in Coinbase on Tuesday. The transactions took place as news of an SEC probe into the crypto trading platform had emerged. The shares were worth about $75 million as of Tuesday when Coinbase…
If you’ve been eyeballing a 2nd-generation Google Nest Hub but can’t stomach the regular $100 price tag, there’s good news. It’s now on sale for just $55 or 45 percent off at B&H Photo Video, matching one of the lowest prices we’ve seen to date. B&H also has other Nest devices on sale including the…
It’s not just students and internet debaters who lean on Wikipedia in a pinch. MIT CSAIL researchers have conducted a study revealing that Wikipedia can influence the legal decisions of judges when there are articles covering relevant cases. The existence of a Wiki page for a case increased its citations by over 20 percent, the…
Projectors have come a long way from the clunky, dim models of the past. The latest models are brighter, sharper, more discreet and easier to install than ever. They also deliver a picture size you could never get on a TV without spending a fortune. With all that, they’re highly desirable for home theater buffs…