#reports

2:11am, 13th June, 2020

Amazon's business practices examined by two U.S. states: reports

State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.

China's Tencent Music reports passive stake in Warner Music

1:35pm, 12th June, 2020

News

China's Tencent Music reports passive stake in Warner Music

China's Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Class A shares of Warner Music Group Corp, about a week after the world's third-largest recording label's debut on the Nasdaq.

Chinese smartphone maker Xiaomi reports 13.6% rise in first-quarter revenue

5:30am, 20th May, 2020

News

Chinese smartphone maker Xiaomi reports 13.6% rise in first-quarter revenue

Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates even as demand for its smartphones plunged amid the coronavirus pandemic that has also rattled supply chains in China.

Japan's Sharp reports 37% profit drop, gives no forecasts

2:13am, 19th May, 2020

News

Japan's Sharp reports 37% profit drop, gives no forecasts

Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel coronavirus impact.

WeWork reports higher free cash flow in first quarter: CFO email

7:24pm, 14th May, 2020

News

WeWork reports higher free cash flow in first quarter: CFO email

The We Company, owner of WeWork, said on Thursday that for the first time quarterly revenue surpassed $1 billion and free cash flow increased 60% sequentially, but the money-losing shared office operator did not mention profitability in an email to e...

Epic Games online store down after reports of free 'Grand Theft Auto V' offering

3:12pm, 14th May, 2020

News

Epic Games online store down after reports of free 'Grand Theft Auto V' offering

Fortnite-creator Epic Games' digital videogame store was down on Thursday as it recorded huge traffic after reports that it was giving the premium edition of "Grand Theft Auto V" for free.

Quick-hit streaming service Quibi reports 1.7 million downloads in first week

2:29pm, 13th April, 2020

News

Quick-hit streaming service Quibi reports 1.7 million downloads in first week

About 1.7 million people downloaded the new entertainment streaming app Quibi during its first week on the market, Chief Executive Meg Whitman told CNBC television on Monday.

Prominent China lawyer quits ZTE board after media reports of sexual assault

6:43am, 10th April, 2020

News

Prominent China lawyer quits ZTE board after media reports of sexual assault

A prominent Chinese lawyer who served on the board of telecoms equipment giant ZTE Corp has resigned after several news articles in state-backed media reported that he was under investigation for alleged sexual assault.

Vietnam reports supply chain issues from virus, says may hit Samsung output

3:30am, 21st February, 2020

News

Vietnam reports supply chain issues from virus, says may hit Samsung output

Vietnam's manufacturing sector is suffering supply chain issues caused by the coronavirus epidemic, which may lead to a delay in production of Samsung Electronics' new phones, the Ministry of Industry and Trade told Reuters on Friday.

Spotify hits 100 million subscribers, reports revenue jump

9:25am, 29th April, 2019

News

Spotify hits 100 million subscribers, reports revenue jump

Spotify Technology SA, the world's leading streaming platform, said on Monday it had hit 100 million paid subscribers as it reported a better-than-expected rise in first-quarter revenue.