tech

Yelp shares soar on profit and ad revenue beat

Yelp shares soar on profit and ad revenue beat

Shares of Yelp Inc. (NYSE: YELP) soared after the online review website reported second quarter profit that beat Wall Street estimates and resulted in a 21% surge in advertising revenue.The San Francisco-based company on Wednesday reported..

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Shares of Booking Holdings Inc. (NASDAQ: BKNG) plummeted the most in nine months after the online travel giant said on Thursday that its third quarter earnings would be well below Wall Street estimates.Booking reported quarterly earnings of USD 20.6..

Ford supplies employees with exoskeleton vest to reduce fatigue and injury incidences

Ford supplies employees with exoskeleton vest to reduce fatigue and injury incidences

Ford Motor Company (NYSE: F) is now providing workers with a new exoskeleton vest called the EksoVest that helps decrease fatigue and wear and tear on the bodies of employees. “Building vehicles is physically a tough job” Ford&rsquo..

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..

Snap Shares Up After Earnings

Snap Shares Up After Earnings

Snap Inc. (NYSE: SNAP) shares jumped Tuesday after market, as it has reported financial results for the quarter ended June 30, 2018. Snap's net loss decreased 20% to $(353) million in Q2 2018, compared to a net loss of $(443) million in Q2 2017...

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

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..