innovation

Fitbit Jumps After Beating Earnings Expectation

Fitbit Jumps After Beating Earnings Expectation

Fitbit, Inc. (NYSE: FIT) shares jumped 10% in after-hours trading after the Company announced third-quarter earnings that beat analysts’ estimates.The leading global wearable company said revenue was USD 394 Million in the quarter ended Septem..

FireEye Earnings Top Estimates, Shares Up

FireEye Earnings Top Estimates, Shares Up

FireEye, Inc. (NASDAQ: FEYE) on Tuesday announced third quarter financial results that topped analysts’ estimates, sending its shares up over 10%.The cybersecurity company said revenue increased 7% to USD 212 Million in the third quarter ended..

Facebook Will Now Fact Check Pictures and Videos

Facebook Will Now Fact Check Pictures and Videos

Facebook Inc. (NASDAQ: FB) will start fact-checking images and videos, the Company said Thursday, expanding its review efforts to posts that are traditionally harder to monitor."People share millions of photos and videos on Facebook every day. ..

Facebook Down as Top Executive Faces U.S. Congress

Facebook Down as Top Executive Faces U.S. Congress

Facebook, Inc. (NASDAQ: FB) No. 2 executive, Sheryl Sandberg, defended the Company in the U.S. Congress on Wednesday morning over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.Prior to the heari..

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Electronics Co Ltd announced its slowest quarterly profit growth in over a year on Tuesday as its Galaxy S9 device missed its sales targets.However, the company explained in the announcement that it plans to come out with innovative technolo..

Google Partners with Digital Asset to Build Blockchain Apps

Google Partners with Digital Asset to Build Blockchain Apps

Alphabet Inc. (NASDAQ: GOOG)'s Google and financial technology startup, Digital Asset, announced on Monday a partnership to bring blockchain to Google Cloud. Google is currently increasing its use of blockchain technology to compete with Amazon...