US tech titans stumble after pandemic boom
Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.
Jul 29, 2022
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Business
Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.
Jul 29, 2022
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Business
Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with COVID-19 restrictions and a sector crackdown.
May 26, 2022
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Computer Sciences
The advent of blockchains has ignited much excitement, not only for their realization of novel financial instruments, but also for offering alternative solutions to classical problems in fault-tolerant distributed computing ...
May 18, 2022
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Business
German national carrier Lufthansa on Thursday said it slashed its losses in the first quarter and set its sights on a record summer for tourist traffic as demand recovers from the pandemic.
May 05, 2022
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Business
Qantas has revealed plans for the world's longest-duration commercial flight by the end of 2025, ferrying passengers between Sydney and London on Airbus A350s in just over 19 hours.
May 02, 2022
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Business
European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday.
Feb 17, 2022
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Shares in at-home fitness company Peloton jumped Friday evening in extended trading on Wall Street amid reports of the company's potential takeover by e-commerce giant Amazon.
Feb 05, 2022
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Business
Ryanair slashed losses in the final quarter of 2021 but the emergence of the Omicron variant cut into the normally busy winter holiday travel season, the no-frills airline said Monday.
Jan 31, 2022
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Energy & Green Tech
A recent study from Oregon State University found that countries with stricter COVID-19 lockdowns and larger decreases in local travel early in the pandemic experienced steeper declines in electricity use than countries with ...
Jan 05, 2022
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Business
Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss and cut back flights.
Dec 22, 2021
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