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November 27, 2021

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Dell’s quarterly profit more than quadruples on strong PC demand

Reuters
The logo of a Dell laptop computer is pictured in Pasadena, California July 17, 2013. REUTERS/Mario Anzuoni Register now for FREE unlimited access to reuters.com Register Nov 23 (Reuters) – Laptop maker Dell Technologies Inc (DELL.N) said on Tuesday profit surged more than four-fold in the third quarter, as demand......

Zoom beats quarterly revenue estimates

Reuters
A 3D printed Zoom logo is placed on the keyboard in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/Files Register now for FREE unlimited access to reuters.com Register Nov 22 (Reuters) – Zoom Video Communications (ZM.O) beat estimates for third-quarter revenue on Monday benefiting from the launch of its new......

Salesforce CEO Benioff invests in search engine startup You.com

Reuters
Nov 9 (Reuters) – You.com, a startup looking to challenge Alphabet Inc’s (GOOGL.O) Google by developing a more customizable search engine, announced on Tuesday a $20 million investment led by the venture fund of Salesforce.com Inc (CRM.N) Chief Executive Marc Benioff. Venture capitalists for years had avoided backing Google competitors......

Data analytics firm Palantir reports 36% jump in quarterly revenue

Reuters
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland January 22, 2020. REUTERS/Arnd Wiegmann/File Photo Nov 9 (Reuters) – U.S. data analytics firm Palantir Technologies (PLTR.N) reported a 36% rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals. Shares of......

EU tech rules should curb cloud computing providers, study says

Reuters
BRUSSELS, Oct 26 (Reuters) – Draft EU rules to curb the power of Amazon (AMZN.O), Apple (AAPL.O), Alphabet (GOOGL.O) unit Google and Facebook (FB.O) should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday. The report comes amid concerns that some EU lawmakers......

Google to slash amount it keeps from sales on its cloud marketplace- CNBC

Reuters
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Sept 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, CNBC reported on......

Wall Street set for strong open as taper fears fade

Reuters
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid Weekly jobless claims rise more than expected Accenture, Salesforce up after boosting forecasts Futures up: Dow 0.69%, S&P 0.62%, Nasdaq 0.53% Sept 23 (Reuters) – Wall......

Salesforce raises full-year revenue outlook on hybrid work boost

Reuters
The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo GLOBAL BUSINESS WEEK AHEAD/File Photo Sept 23 (Reuters) – Salesforce.com Inc (CRM.N) on Thursday raised its full-year revenue forecast, as the pandemic-led shift to hybrid work fueled demand......

Oracle uses AI to automate parts of digital marketing

Reuters
The company logo for Oracle Corp. is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid/File Photo Sept 20 (Reuters) – Oracle Corp (ORCL.N) announced on Monday a new system that it says will use artificial......

France’s OVHcloud prepares for $4.7 billion IPO- WSJ

Reuters
Sept 19 (Reuters) – French cloud computing services provider OVHcloud plans to launch a possible initial public offering as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The cloud-service provider won’t make any......

Wall St awaits Zoom’s next act as pandemic boom cools

Reuters
A 3D printed Zoom logo is placed on the keyboard in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/Files Aug 30 (Reuters) – When stay-at-home favorite Zoom (ZM.O) reports quarterly results on Monday, Wall Street will look for details on how the video conferencing platform plans to attract more users......

Salesforce rival Freshworks reveals revenue surge in IPO filing

Reuters
A man types into a keyboard during a convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo Aug 27 (Reuters) – Business and customer engagement software company Freshworks Inc on Friday made public its filing for an initial public offering in the United States, reporting a......

Hybrid work demand fuels Salesforce earnings forecast

Reuters
The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo Aug 25 (Reuters) – Salesforce.com Inc (CRM.N) on Wednesday signaled the shift to hybrid work would keep demand for its cloud-based software strong in the third quarter, after......

Organisers seek to prevent heatstroke with AI gadget

Reuters
TOKYO, July 31 (Reuters) – The Tokyo Olympics is battling through a pandemic, with the Japanese capital in a state of emergency amid a record spike in COVID-19 cases, but athletes, officials and staff also face another pervasive, deadly health threat: the heat. The risks of heatstroke at one of......

Big Tech starts requiring vaccines; Twitter closes re-opened U.S. offices

Reuters
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo July 28 (Reuters) – Twitter Inc (TWTR.N) is shutting its reopened offices in United States, while other big tech companies are making vaccination mandatory for on-campus employees,......

Microsoft scores record quarterly profit on cloud boost

Reuters
July 27 (Reuters) – Microsoft Corp (MSFT.O) posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services. However, its shares dipped 2.8% in after-hours trading, following the company’s year-to-date run of 30% that left investors with......

After $27.7 bln deal, Salesforce aims to connect companies via Slack

Reuters
Smartphone with Slack logo stands in a shopping cart on a keyboard in front of displayed Salesforce logo in this picture illustration taken December 1, 2020. REUTERS/Dado Ruvic/Illustration/File Photo July 21 (Reuters) – Business software maker Salesforce.com (CRM.N) on Wednesday closed its $27.7 billion purchase of Slack Technologies Inc (WORK.N),......

Robinhood seeks up to $35 bln valuation in mega U.S. IPO

Reuters
July 19 (Reuters) – Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a filing on Monday, setting the stage for one of the highly anticipated stock market listings of the year. The listing......

Amazon’s online store down for many users globally

Reuters
July 11 (Reuters) – E-commerce giant Amazon.com Inc’s (AMZN.O) online store was grappling with widespread outages on Sunday night, according to outage monitoring website Downdetector, the second broad disruption to services since late June. Its online store showed error messages on several regional domains. Reuters could not access product listing......

Microsoft plans to tap smart TVs, streaming devices for Xbox games

Reuters
Head of Microsoft Xbox Phil Spencer speaks during the Microsoft Xbox E3 2017 media briefing in Los Angeles, California, U.S., June 11, 2017. REUTERS/Kevork Djansezian/File Photo Microsoft (MSFT.O) said on Thursday it was working with global TV manufacturers so that gamers can play Xbox games through internet-connected televisions without any......

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