Finance and Reporting
Micro Focus reports $1bn loss due to economic uncertainty caused by the pandemic
The firm has been struggling since buying HPE's software business in 2017
Apple reports slight increase in fiscal 2020 second quarter revenue amid global economic crisis
But iPhone sales dipped nearly 7 per cent from a year ago
Microsoft reports strong third-quarter results, beating analysts' pre-coronavirus expectations
Q3 2020 profit of $10.75 billion is up 22 per cent from the same period last year
Apple expects to miss quarterly revenue targets due to coronavirus impact
The company says the health crisis has slowed production and lowered demand for iPhones
Amazon stocks soar after bumper sales in the last quarter of 2019
The company posted revenues of $87.4bn for Q4 2019, with AWS up 34 per cent
For banks saying goodbye to LIBOR won't be easy, but artificial intelligence can help
LIBOR expires in 2021 and banks face an uphill struggle to change all their existing contracts
Oracle claims strong quarter and bright future for its cloud services
Cloud-based ERP doing particularly well, says CEO Hurd
Egress raises $40m growth funding from US private equity firm
FTV Capital lead funding round which Egress says will enable it to expand throughout the US, and continue its growth in the UK and Europe
It's time for an 'Amazon tax' on online sales, says Tesco CEO
There's a 'lethal lethal cocktail of pressures in the retail industry' says Dave Lewis
AMD's quarterly income hits a seven-year high
Beats expectations thanks to demand for Ryzen processors and Radeon graphics cards
Cloud and advertising sales give Amazon a bumper quarter
Moves closer to trillion dollar valuation
LogRhythm becomes the latest addition to the Thoma Bravo portfolio
Investment firm takes a majority stake in SIEM pioneer LogRhythm
Avast expected to complete £2.5bn UK IPO this week
Public share offering for Prague-based Avast could become UK's biggest tech IPO
Xiaomi set to raise $10 billion in Hong Kong IPO
Xiaomi pledges to invest funds in R&D and foreign expansion
Samsung first quarter financials beat analyst expectations
Samsung achieves impressive growth, but warns about declining smartphone demand
TSB brings in IBM in attempt to resolve IT crisis
Failed system upgrade which resulted in customers being able to access one another's accounts now being investigated by IBM
AMD reports better-than-expected financial results
AMD saw better-than-expected revenue in the first quarter
Newcastle IT sector salaries boom as digital skills shortages bite
Newcastle and the North East now the fourth-highest paying region in the UK after London, the South East and East Anglia
Salesforce in 'advanced talks' to acquire software firm Mulesoft
A deal could be finalised this week
EU plan to slap tech giants with new tax based on their revenues
EU planning tax directive that would impose a revenue-based turnover tax on technology and internet companies
Bill Gates calls cryptocurrencies "deadly"
Bill Gates becomes the latest billionaire to slam cryptocurrencies - calling them deadly
Singapore Airlines to implement blockchain technology to support air miles spending
Singapore Airlines to develop blockchain app as part of digital transformation effort
Political risk broker BPL upgrades entire storage infrastructure to eradicate latency challenges
The firm was hindered by waning storage systems
South Korea reveals $600m in illegal trades but is not planning to ban cryptocurrencies
'No intention to ban or suppress cryptocurrency market'
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