Technology
GameStop reported forth quarter and fiscal year 2021 results
The game retail company GameStop released its fourth quarter and full year earnings report and the results are surprisingly worse than Wall Street's analysts expected they would be.
New $599 iPad Air includes the powerful chip used in Macs, but skimps on storage
The new Apple iPad Air is set to launch on Friday. The new iPad air comes equipped with the M1 chip that powers Apple's Macintosh computers.
Verizon secures contract worth nearly $1 billion from U.S. defence department
Verizon has been awarded a $1 billion contract to provide telecommunications services to the Pentagon, the National Capital Region and Fort Belvoir.
Intel commits $36 billion to making chips in Europe
Intel plans to invest over $33 billion euros to expand its chipmaking capabilites and strengthen various EU countries' economies at the same time.
Softbank's Arm to Lay Off Up to 15% as it Prepares IPO After NVIDIA Deal Collapse
Softbank took a big hit when Nvidia did not come through on a $40 billion deal. The British semiconductor and software design company has had to find news way to slim down, laying off employees is one of them.
Apple's new budget iPhone is fast and has 5G at $429, if you don't mind an old look
Apple has brought back the iPhone SE and the home button along with it. The third generation iPhone SE is a through back to the second generation iPhone SE model released back in 2020, with a few upgrades of course.
Oracles third quarter earnings fell short of Wall Street's analysts expectations for the company this quarter.
Nvidia says employee, company information leaked online after cyber attack
Nvidia has fallen victim of a cybersecurity breach that caused employee credentials and some company proprietary information to be leaked to the public
HP Enterprise Bolsters Profit Forcast on Strong Demand
HP's reported EPS of $0.39 is a far cry from Wall Street's analysts consensus EPS of $0.46. The market is responding in kind to the computer hardware company's short comings.
Dell Falls on Disappointing Profit Forecast, Higher Tax Bill
Dell has reported mediocre first quarter earnings that fall short of Wall Streets estimates. The hardware company remains poised increase sales in the current period.
Activision Undergoes Executive Shakeup at Its Division That Makes Candy Crush
The newly acquired company, Activision has already begun to change as a result of Microsoft's recent acquisition.
Playstation VR2: Sony finally reveals new headset for PS5
Sony has showcased the second generation of VR hardware made by Playstation, the game console and accessories arm of the company. The Playstation VR2 headset has a new design and comes with newly designed cordless controllers.
Intel Sees Sales Picking Up in Coming Years as it Makes Comeback
During an investor meeting the Chief Executive Officer of Intel Corporation, Pat Gelsinger stated that computer-chip revenue is expected to rise by 2% this year.
Nvidia Underwhelms in First Results Since Scrapping Arm Deal
Nvidia posted second quarter earnings that are not cause for celebration even though the financial results are better than previously anticipated. The stock has steadily lost steam throughout today’s regular trading session.