Skip to main content

Posts

Showing posts from February, 2022

India's Crackdown On Chinese Firms, Apps Getting 'Increasingly Unhinged': China

The Indian government this week banned 54 Chinese mobile applications, which are posing threat to national security. The Income Tax department on Wednesday also carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in connection with alleged tax evasion. from Top Tech News- News18.com https://ift.tt/qI7JnhN

Cisco Raises Annual Earnings Forecast, Announces $15 Billion In Share Buybacks

Cisco Systems Inc on Wednesday raised its fullyear earnings forecast and reported quarterly revenue above expectations on strong demand for its enterprise communication tools and 5G gear. Shares of the company rose about 5% in extended trading after the networking giant announced a $15 billion increase to its stock repurchase program. from Top Tech News- News18.com https://ift.tt/kY0W8m5

First ISRO Launch In 2022: PSLV-C52 Successfully Launches Earth Observation And 2 Small Satellites

Marking the first launch mission of the year 2022, Indian Space Research Organisation's earth observation satellite EOS04 and two small satellites were successfully placed into the intended orbit by the PSLVC52 rocket on Monday, a feat described by the ISRO as a "marvellous accomplishment". from Top Tech News- News18.com https://ift.tt/rSpjtNE

Zendesk Rejects $16 Billion Offer From Private Equity Consortium

Zendesk Inc, the software company under activist shareholder pressure to abandon its $3.9 billion allstock acquisition of the parent of online survey portal SurveyMonkey, said on Thursday it had rejected an acquisition offer from a consortium of private equity firms for as much $16 billion. from Top Tech News- News18.com https://ift.tt/1sgMAwI

Uber Reports Quarterly Profit But Outlook Misses As Omicron Hits Travel Demand

Uber Technologies Inc on Wednesday reported its second quarterly operating profit as demand for its ridehailing service approached prepandemic levels and its food delivery business turned profitable for the first time, but the firstquarter outlook fell short of Wall Street's expectations. from Top Tech News- News18.com https://ift.tt/mACvITc