Q2 Results: Revenue: $12.4 billion Growth of 7% year over year (normalized to exclude the divested SPVSS business for Q2 FY 2018) Earnings per Share: GAAP: $0.63; Non-GAAP: $0.73 Non-GAAP EPS increased 16% year over year Q3 Guidance (normalized to exclude the divested SPVSS business for Q3 FY 2018): Revenue: 4% to 6% growth year […]
Archives for February 2019
Twitter making efforts to reduce harassment & promote healthy conversations
Micro-blogging site Twitter is considering ways to restrict mental and physical threats to its users that are triggered during or due to digital conversation on its platform, Twitter CEO Jack Dorsey said in an online interview. Dorsey made the comments while discussing Twitter’s efforts to reduce harassment on its platform and promote healthy conversations. “We […]
India targets Facebook in backlash against U.S. giants
By Saritha Rai India’s government dealt retail giants Amazon and Walmart a devastating blow this year with new policies undermining their growth plans. Now U.S. social media pioneers Facebook and Twitter are in danger of suffering similar setbacks in what is perhaps the world’s most important emerging technology market. In the latest skirmish, the government […]
Activision to lay off 800 workers as video game sales drop
Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players […]
Now, LinkedIn will let users broadcast real-time videos with live feature
Microsoft-owned professional networking platform LinkedIn is launching a live video feature on its app to enable users to broadcast real-time videos. The beta version of “LinkedIn Live” is first launching as an invite-only feature in the US, and it remains unclear if and by when would the feature be available for everyone to create LinkedIn […]
Google releases Hire recruitment automation service in UK
Google has finally unveiled its Google Suite-powered Hire recruitment platform in the UK, more than six months after it was launched in the US. The platform was first announced at Google I/O in June 2017 and was released a year later in its key markets (ie., the US). It’s an HR automation platform that allows […]
Healthcare providers slowly embrace benefits of hybrid cloud
The healthcare sector is increasingly adopting hybrid cloud environments, although it’s been a slow process so far, with just 19% of healthcare providers currently taking advantage of mixed public and private cloud infrastructure. Nutanix’s healthcare Enterprise Cloud Index Report predicted that adoption would rise to 37% in the next two years as healthcare organisations realise […]
Indian parliamentary panel’s summons to Twitter may not hurt revenues
An Indian parliamentary panel’s summons to representatives of Twitter, including CEO Jack Dorsey, is unlikely to hurt the social media platform’s advertising and marketing revenue, experts said. Companies have not yet expressed any concerns over advertising and promotions on the platform, they said. However, repeated and sustained pressure from the panel or government authorities may […]
View: It’s time to tame the social media beast
By Prashant Reddy,Vidhi Centre for Legal Policy Twitter’s management has reportedly declined an invitation by the parliamentary department-related standing committee (DRSC) on information technology to discuss the issue of ‘safeguarding citizens’ rights on social/online news media platforms’. Many commentators have been backing Twitter. They see the social media company’s behaviour as a ‘snub’ to the […]
How e-commerce FDI norms put an end to juicy deals for online shoppers
The rejig of FDI guidelines for e-commerce marketplaces forced players such as Flipkart and Amazon to restructure their affiliations with sellers and brands. According to a survey of over 10,500 customers from over 60 cities, 50% of shoppers said they felt discounts offered by online marketplaces had come down post the change on February 1. […]