[ad_1] NVIDIA opted out of attending MWC 2020 due to coronavirus-related safety concerns before the organization behind the event decided to cancel it altogether. That’s not the only tangible impact the virus has had on the industry, though. Apple had to close all its retail stores in mainland China out of an “abundance of caution.” […]
Category: earnings
Uber expects to be profitable by the end of 2020
[ad_1] In 2019, Uber lost a whopping $8.5 billion, though nearly half of that ($4.6 billion) includes stock-based compensation expenses related to the company’s IPO. Meanwhile, both trips and gross bookings increased by just over 30 percent compared to 2018, and the company’s revenue reached $14.1 billion. Uber expects earnings in the beginning of 2020 […]
Twitter doesn’t want to call its users ‘users’ anymore
[ad_1] It’s part of an initiative to make Twitter a happier, cuddlier place to be, with the usual boast that it’s shrunk the number of “unhealthy” tweets on the service. That includes a 27 percent decline in “bystander reports,” on Tweets that violate the company’s code of conduct. Much of that is down to machine-learning […]
Sony closes UK PSVR studio before it even released a game
[ad_1] It’s not clear whether the mysterious project has been canned completely, or if it will be picked up elsewhere. The company is certainly running out of UK options, in any case. PlayStation’s Evolution Studios shut down in 2016, and the Cambridge-based Guerrilla followed suit in 2017. The decision may well have been made in […]
Sony’s PlayStation business is slowing faster than expected
[ad_1] The figures, which account for the third quarter of the fiscal year 2019 — October 1st to December 31st — indicate that sales were “significantly” down (by 20 percent) year-on-year due to a decrease in PS4 hardware and third-party software sales. Operating income was also down, with a 19.6 billion yen (around $180 million) […]
Amazon has 150 million Prime members now
[ad_1] “We’ve made Prime delivery faster — the number of items delivered to U.S. customers with Prime’s free one-day and same-day delivery more than quadrupled this quarter compared to last year,” said CEO Jeff Bezos in a statement. “Members now have free two-hour grocery delivery from Amazon Fresh and Whole Foods Market in more than […]
Facebook settles lawsuit over its use facial recognition for $550 million
[ad_1] After years of wrangling in courts, Facebook has settled a lawsuit over its use of facial recognition. Last year it agreed to stop turning on the tech to scan photos by default, which built a template of your facial data, and automatically suggested tags in photos based on it. During an earnings call on […]
Tesla moves the Model Y release date up to ‘spring 2020’
[ad_1] The good news continued on Wednesday when the company released its Q4 2019 earnings and 2020 financial forecast. Thanks to a quick turnaround in building its Shanghai Gigafactory, which was completed in just 10 months, Tesla can now focus on ramping up production of its new crossover SUV, the Model Y, at its existing […]
Netflix changes how it counts viewing popularity, pumps up ‘The Witcher’
[ad_1] To back up that claim — and push back against belief that Disney+ and others are already starting to catch up — it posted a Google Trends result showing The Witcher blowing The Mandalorian out of the water over the last few months, a result that holds up even if you add “baby Yoda” […]
Nikon ends its authorized third-party repair program
[ad_1] Nikon sent a letter telling the repair shops that it would not renew their agreements, noting that “the climate in which we do business has evolved, and Nikon Inc. must do the same.” Nikon had set the stage for the move in 2012, when it stopped selling parts to non-authorized shops. At the time, […]