Amazon today announced financial results for its second quarter ended June 30, 2019 with Second Quarter Sales up 20% to $63.4 Billion.
Microsoft today reported earnings for its fourth fiscal quarter of 2019, including revenue of $33.7 billion, net income of $13.2 billion, and earnings per share of $1.71 (compared to revenue of $30.1 billion, net income of $8.9 billion, and earnings per share of $1.14 in Q4 2018). All three of the company’s operating groups saw year-over-year growth.
Microsoft announced Thursday new investments in technologies and programs designed to support its partner ecosystem. The investments are aimed at helping optimise Microsoft’s partner engagement for the cloud era.
France has approved a 3 percent Digital Services Tax (DST) on revenues that large tech companies, particularly those in the digital advertising and e-commerce industries, earn from providing digital services to French customers.
A Dow Jones piece in MarketWatch says that BlackBerry's earnings report puts it at risk of an enforcement action due to a headline touting non-GAAP revenue, followed by four non-GAAP measures.
BlackBerry released its quarterly earnings on Wednesday, reporting US$247 million in first quarter revenue, up from US$213 million in the same quarter last year. Its net loss of US$35 million, or nine cents per share, was down from US$60 million or 11 cents per diluted share in last year's first quarter.
Facebook has revealed its plans today for a new global digital currency, supported by more than two dozen companies ranging from Visa and Mastercard to Lyft and Spotify, bringing the heft of the world’s largest social network to efforts to transform financial services.
Huawei will reduce its production capacity which could hit revenue growth, said Huawei CEO Ren Zhengfei on Monday, as he revealed his plans to deal with the continued pressure from the U.S.
BlackBerry will report results for the first quarter of fiscal year 2020 at 8 a.m. ET on Wednesday, June 26, 2019.
BlackBerry will hold its Annual Meeting of Shareholders on Monday, June 24, 2019 at 10 a.m. ET in Waterloo, Ontario.
There will be a live audio webcast that can be accessed by registering here. It can also be accessed by dialling 1-855-353-9183 and entering Access code 58660#.
Companies such as Apple, Facebook, Google and Twitter will soon have to pay taxes regardless of their physical presence or measured profits in a country after G20 finance ministers agreed to accelerate a radical shake-up of cross-border corporate tax.
Paying for government services online is to be made easier by allowing people to make payments through Apple Pay and Google Pay.
