Huawei says it is fully co-operating, after its French offices were searched last week as part of probe by financial prosecutors
News financial
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
NSO Considers Sale Or Shutdown Of Pegasus Unit – Report
Blacklisted surveillance specialist NSO is reportedly considering selling the firm, or shutting down its Pegasus unit altogether
Apple Reaps Benefit From Soaring Pandemic Sales
Firm finishes 2020 with its most profitable ever quarter, thanks to soaring pandemic sales of iPhones, iPads and Macbooks
Facebook Advertising Growth Slows Amid Pandemic
The global slowdown in the digital advertising market due to the Coronavirus pandemic, slows advertising revenue growth at Facebook
Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As ‘Fascist’
Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'
Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change
Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast
Google Disappoints After Revealing YouTube’s $15 Billion Revenue
Strong financials from Google's parent, as it reveals for the first time the turnover of YouTube and Google Cloud business
Microsoft Cloud Growth Pleases Wall Street
Microsoft is now worth $1.25 trillion after stock price rise thanks to continued growth of Redmond's Azure cloud business
Facebook Shares Fall Amid Sharp Rise In Costs
Social networking giant delivers strong financial results, but investors took fright at big increase in expenses and costs
Apple Pleases With Strong Sales Of iPhone 11
Strong growth at Apple propels its market valuation close to $1.4 trillion amid buoyant iPhone sales, even in China
Facebook Shrugs Off Scandals With Strong Financials
What crisis? Profit and revenue surge over 20 percent at Zuckerberg's house, despite a torrid year
Alphabet Profits Surge, But Spending Worries Investors
Shares in Google parent slide after heavy Q4 spending, but healthy advertising revenues bolsters financials
Oracle Results Miss Expectations As Cloud Growth Slows
Software giant blames currency fluctuations for weaker than expected financial results
Banks Trade £22m Using Blockchain Platform
Sign of the future? Two banks have successfully completed a securities lending transaction using blockchain
Intel Buoyed By Data Centre & IoT Despite Spectre & Meltdown
Mostly positive results for chip giant as data centre success helps revenue growth, as profitability dips
Lenovo Takes Control Of Fujitsu’s PC Unit
Fujitsu finally offloads PC unit as Lenovo takes controlling stake for £119 million
Google’s Alphabet Profits From Advertising Sales Surge As Cloud & Hardware Grow
Advertising, cloud, and Pixel smartphones all help deliver more stunning growth for search engine giant
IBM Unleashes Watson To Secure Swiss Financial Sector With Next-Gen SOC
Watson will provide cognitive cyber security tools and services for Swiss-based businesses
IBM Revenue Decline Continues Despite Cloud & Analytics Growth
Cloud and analytics continues to perform, but IBM continues to shrink with 19th consecutive revenue decline
FCA Approves Big Data Use By Insurance Industry
But the financial watchdog warns insurers not to use Big Data to penalise certain customers with higher premiums
Amazon Profits As AWS Cloud Pays Off
Amazon smashes analyst expectations as revenues and profits soar due to strong cloud and retail performance
Facebook Triples Profit As Advertising Revenue Soars
Facebook nearly doubles its revenue, as advertising budgets shun traditional media and move online
HPE ‘More Focused’ As It Delivers Strong First Quarter
Whitman claims HPE is more nimble, beats Wall Street on first results since split
Surge In IoT Projects Helps ARM Shrug Off Smartphone Slowdown
Smartphone slowdown? ARM posts record profit and sales, but market frets over future and shares tumble
IBM Posts More Declines Despite Cloud Progress
Bad news for shareholders. Fifteenth consecutive revenue fall as Big Blue continues painful migration to cloud
Intel Shares Fall As Data Centre Growth Fails To Impress
You can't please everyone. Intel posts solid fiscal results, yet Wall Street remains unimpressed by its data centre growth
HSBC Customers Angry At Ongoing Online Banking Problems
HSBC customers suffer from further online problems, with services running at a “reduced capacity”
Samsung Warns Of Tough Year Ahead
2016 could only see low growth for the world’s largest smartphone maker, Samsung CEO admits
Nutanix Files For £135m IPO
Hyper-converged storage startup Nutanix, valued as high as $2bn in 2014, sets sights on an early-2016 public debut