#years

5:37am, 13th May, 2020

Sony braces for lowest profit in four years, hit broadly by coronavirus

Sony Corp expects operating profit to drop at least 30% this financial year to its lowest in four years as the company anticipates a hit to demand for its TVs, cameras and smartphone image sensors from the coronavirus outbreak.

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

8:47pm, 13th April, 2020

News

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to the tumbling value of bets on unproven startups.

Coronavirus sees China's Geely Automobile facing one of toughest years

6:27am, 30th March, 2020

News

Coronavirus sees China's Geely Automobile facing one of toughest years

China's Geely Automobile Holdings Ltd said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists.

20 years after dot-com peak, tech dominance keeps investors on edge

8:22am, 18th February, 2020

News

20 years after dot-com peak, tech dominance keeps investors on edge

As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on.

Ex-Autonomy CFO sentenced in U.S. to 5 years prison over Hewlett-Packard fraud

5:27pm, 13th May, 2019

News

Ex-Autonomy CFO sentenced in U.S. to 5 years prison over Hewlett-Packard fraud

The former chief financial officer of British software company Autonomy was sentenced on Monday to five years in prison, after a U.S. jury found him guilty of fraud over the $11.1 billion sale of Autonomy in 2011 to Hewlett-Packard.

German chauffeur service Blacklane plans IPO within three years

2:11am, 30th April, 2019

News

German chauffeur service Blacklane plans IPO within three years

German chauffeur service Blacklane is planning an initial public offering (IPO) in the next three years, its chief executive told Reuters, as it strives to build its position in the fast-growing premium taxi market.

Ending tough week, Tesla sinks to lowest level in two years

12:11pm, 26th April, 2019

News

Ending tough week, Tesla sinks to lowest level in two years

Tesla Inc's stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over inves...

TSMC books steepest quarterly profit drop in over seven years

2:52am, 18th April, 2019

News

TSMC books steepest quarterly profit drop in over seven years

TSMC, the world's largest contract chipmaker, posted on Thursday its steepest profit decline in over seven years in the first quarter of the year, amid fears about the impact that slowing electronics demand could have on its business.

SAP cloud business head quits after 27 years in latest top departure

11:50am, 6th April, 2019

News

SAP cloud business head quits after 27 years in latest top departure

Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europe's most valuable technology company reshapes its operations.

20 years for swatter who got a man killed

3:44pm, 29th March, 2019

Games

20 years for swatter who got a man killed

Tyler Barriss, a prolific and seemingly unremorseful repeat swatter and bomb hoaxer whose fakery got a man killed in 2017, has been . This hopefully closes the book on a long and disturbing career of random and mercenary harassment and threats. Not t...