The Pentagon has put off awarding a 10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary.
Swedish music streaming app Spotify now has 232 million monthly active users (MAUs)globally, a 29 percent increase year-on-year (YoY), along with 108 million premium subscribers which are also 31 percent (YoY) growth.
Apple today is nearly a $1 trillion-dollar company and despite the global slowdown, has been able to not only maintain its growth trajectory but also diversified into services, entertainment and other verticals that are bringing in more moolah than its devices segment. Considered a “colourless, unimaginable drone”, Timothy Donald Cook who joined Apple at age 37 in 1998 has successfully proved he is a better CEO than late Steve Jobs.
Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla’s solar production numbers on the micro-blogging platform.
Creating a new business model, finding the right partners and getting the last mile connectivity are key pillars of success for businesses in this world which is increasingly getting digitized, a top Cisco executive has said.
Despite the trade war between the US and China, Chinese smartphone giant Huawei’s revenue for H1 2019 increased 23.2 percent to touch 401.3 billion yuan (approximately $58.3 billion), the company announced on Tuesday. The company’s net profit margin for H1 2019 was 8.7 percent. According to Huawei’s Chairman Liang Hua, operations are smooth and the organization is as sound as ever. With effective management and excellent performance across all financial indicators, Huawei’s business has remained robust.
Facing heat in the US amid the ongoing Washington-Beijing trade war, Chinese telecommunications giant Huawei has joined hands with the Indian consumer electronics firm Micromax Informatics to give impetus to its offline sales.
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