Sci-tech

Most of that cost, however, includes a $2 billion stock-based compensation expense due to the recognition of expense related to RSUs related to the IPO, the company said in its earnings report. Its stock fell as much as 25% in after hours trading Wednesday, erasing almost all the gains since it went public at $17 a share. Users spent an average of 30 minutes a day on Snapchat , the company's chief strategist, Imran Khan, said on the conference call, and cited Nielsen data showing that many ...
  • Apple's (AAPL) Outperform Rating Reiterated at Cowen and Company

    Sci-tech

    However, the results surpassed company's own forecast of between $43.5 billion and $45.5 billion. Worldwide sales accounted for 65 percent of the quarter's revenue, according to Apple . Profit was $11.03 billion, which is up from $10.5 billion past year. Apple's services business keeps growing too, with the firm reporting an 18 per cent increase in revenues to $7.04bn.
  • Microsoft Introduces $999 Surface Laptop With Windows 10 S

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    Notably, Windows 10 S has been specially designed focusing on the education sector. It comes in four colors, including cobalt blue and burgundy, and is available for pre-order starting Tuesday. 2 player in the global education market, behind Microsoft Windows, in only about five years. To explain, Windows 10 Cloud is expected to compete directly with Chrome OS, Google's operating system for its Chromebook platform.
  • Amazon launches new Echo with a touchscreen

    Sci-tech

    It will be released on June 28 , but you can already pre-order one in black or white. The Echo Show can be hooked up to Wi-Fi enabled cameras so that it can show the feeds when asked by the user. A unique feature of the Show is access to video and voice calls, so you can call people with an Echo or who have downloaded the Alexa app . The Amazon Echo show allows the users to do much more than ever before.
  • You can now buy an unlocked Samsung Galaxy S8 in the US

    You can now buy an unlocked Samsung Galaxy S8 in the US

    Sci-tech

    If you're one of the many who would love a new S8 or S8 Plus but just can't stomach the lofty price tag, AT&T's new trade-in promotion might be just what you've been waiting for. There are also facial and iris recognition security capabilities to supplement the fingerprint scanners that are a holdover from the earlier Galaxy S7 and S7 Edge handsets.
  • Amazon Introduces New Echo Show With Touch Screen And Alexa Calling

    Sci-tech

    The Amazon Echo show allows the users to do much more than ever before. The device is powered by Amazon's Alexa voice assistant software, which can answer questions, control connected devices, play music, and more. You'll also have to enable Alexa calling and messaging in the system's settings, and anyone you'll want to call with have to enable this function too.
  • Galaxy Note 8 Is Coming This Year, Samsung Confirms

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    Total sales for the quarter of 50.55 trillion won (about $48.5 billion) were down 2 percent compared to the seasonally strong fourth quarter but up 5 percent compared with the first quarter of 2016. The fund had called for Samsung to adopt a holding company structure by splitting itself in two, and to pay out a 30 trillion won (24 billion euros) special dividend.
  • Apple launching $1B fund to boost to United States jobs market

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    Furthermore, Apple continues to lose ground in Chinese markets, as sales declined by 14% to $10.73 billion over the same period a year ago. Apple , one of the world's most valued companies, sold 50.76 million iPhones globally in the first quarter of the calendar year, down from 51.19 million it sold during the same period of the previous year.
  • Major announcements from Microsoft's EDU event

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    Microsoft describes Windows 10 S as a version of Windows 10 that has been streamlined for simplicity, security and superior performance. The laptop , which Microsoft announced at an event in NY, weighs 2.76 pounds (1.25 kilograms), less than the comparable MacBook Air from Apple.
  • What you need to know about Google Docs phishing scam

    What you need to know about Google Docs phishing scam

    Sci-tech

    Google is encouraging users to not click through and report phishing within Gmail. Clicking that link took users to a Google page that asked them to grant access to an app masquerading as Google Docs. Clicking the button led to a pretty convincing Google-hosted page. We have taken action to protect users against an email spam campaign impersonating Google Docs, which affected fewer than 0.1% of Gmail users.
  • Opera's Reborn Beta Browser Build for Desktops Gets Social Messenger Integration

    Opera's Reborn Beta Browser Build for Desktops Gets Social Messenger Integration

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    Opera has announced the launch of an upgraded version of its browser for desktops, codenamed "Reborn", which becomes the first major browser with built-in social network chatting. There are also some new security and performance features also included which notify users when they are typing in a password or a credit card number into a page that doesn't use HTTPS.