Japan's Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, though it cut its full-year hardware forecast for the device.
Japan's Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday, beating market expectations, buoyed by strong software sales of its hybrid home-portable Switch device.
Software AG, Germany's No.2 business software firm, said on Thursday it would invest 20 million to 30 million euros ($23-$34.5 million) this year in growth projects as CEO Sanjay Brahmawar seeks to revitalize the 50-year-old company.
South Korea's LG Electronics Inc posted its slowest quarterly profit growth in two years on Thursday citing higher marketing costs and tougher competition in the television business.
Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion.
France's 5G telecoms frequencies auction will start this autumn, with licenses expected to be given at the start of 2020, Junior Minister Agnes Pannier-Runacher told Le Figaro on Thursday.
Telecom network equipment maker Nokia forecast stronger-than-expected 2019 and 2020 results thanks to fast-rising investments in 5G networks, after beating fourth-quarter sales and profit estimates on Thursday.
South Korea's LG Electronics Inc said on Thursday fourth-quarter operating profit plummeted 80 percent from a year earlier to 76 billion won ($68.5 million), in line with its guidance earlier this month.
South Korean gaming firm Netmarble said it will form a consortium to bid for a controlling stake in Nexon's holding company, the latest to show interest in a deal that could be worth about $9 billion after Kakao.
Chinese ride-hailing company Didi Chuxing is looking at cutting headcount in some departments by up to 20 percent, technology news website The Information reported, citing a source.
Facebook Inc reported better-than-expected profit on Wednesday, showing that digital advertisers were still flocking to spend money on the service in order to reach customers even after a series of high profile embarrassments for the world's largest online social media network.
Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.
E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and U.S. tariff effects, sending its shares up 6 percent.
New York's attorney general on Wednesday said she has resolved a probe into a group of Colorado companies that once sold fake followers, "likes" and views on social media platforms, in the first U.S. settlement to deem such sales illegally deceptive.
Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.
Tesla Inc warned on Wednesday it will need to begin building cars in China and lower the price of its Model 3 sedan to make money in every 2019 quarter, as it failed to meet Wall Street profit expectations at the end of 2018.
Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.
New York Governor Andrew Cuomo and new Attorney General Letitia James on Wednesday said the state was probing Apple Inc's failure to warn consumers about a FaceTime bug that lets iPhones users see and hear others before they accept a video call.
Qualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates.
U.S. Special Counsel Robert Mueller's office said on Wednesday that self-proclaimed hackers in Russia stole evidence in an attempt to tarnish its investigation of a firm charged with funding a Russian propaganda campaign to interfere in the 2016 U.S. election.
Microsoft Corp on Thursday reported results largely in line with Wall Street's targets, though Azure cloud computing sales grew more slowly in the December quarter than a year earlier.
Tesla Inc ended 2018 with a small quarterly profit and predicted on Wednesday it would make money every quarter this year, but acknowledged that the erosion of a U.S. tax credit in 2019 would cut into sales.
Alphabet Inc's Google said on Wednesday it disabled an iPhone app that it had paid some users to install to study their digital habits, following a similar move late on Tuesday by social media network Facebook Inc.
Qualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates.
Microsoft Corp on Thursday reported results largely in line with Wall Street's targets, though Azure cloud computing sales grew more slowly in the December quarter than a year earlier.
Tesla Inc eked out a small quarterly profit on Wednesday and predicted it would be profitable every quarter this year, but acknowledged that the erosion of a federal tax credit in 2019 would cut into sales of its vehicles, disappointing investors.
Facebook Inc on Wednesday reported its slowest quarterly revenue growth in more than six years as a public company but easily beat Wall Street's profit estimates, soothing investor concerns that rising costs would blunt growth.
Visa Inc beat Wall Street estimates for quarterly profit on Wednesday, as the payments network processed more transactions on the back of higher consumer spending in the holiday season.
Microsoft Corp's Azure cloud computing platform grew at a slower pace in the December quarter compared with a year earlier, sending shares of the software giant about 2 percent lower in after-hours trade on Wednesday.
Facebook Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, helped by growth in Instagram business and a steady rise in advertising spending by companies.
