The range of a $44,000 version of Tesla’s Model 3, unveiled in its final form Friday night, is 310 miles, according to Bloomberg. It’s a new benchmark for cheap range in an electric car, and it’s just one of several surprises Tesla had in store as it handed over the keys to its first 30 customers.
Facebook's strong mobile advertising business helped the social network beat expectations on both the top and the bottom line in the second quarter of 2017. Revenue climbed 45 percent to $9.32 billion as the company’s profit jumped 71 percent to $3.89 billion.
Huawei is aiming to grow mobile shipments by only a modest amount in 2017, as it gears up to go head-to-head with the hotly anticipated 10th-anniversary edition of Apple’s iPhone, according to Bloomberg.
Verizon shares jumped the most in eight years after the phone company returned full-force to wireless subscriber growth with a blistering 614,000 customer additions in the second quarter, according to Bloomberg.
Twitter’s quarterly revenue topped analysts’ projections, helped by its video advertising and data-services business even as the social network failed to add any new monthly users, according to Bloomberg.
Facebook’s investors are salivating over the revenue potential for the company’s chat businesses, after Mark Zuckerberg said he’d like to move “a little faster” to make money from them, according to Bloomberg.
Samsung’s quarterly profit and revenue topped analysts’ estimates, fueled by the success of its new Galaxy S8 smartphones and demand for semiconductors, according to Bloomberg. Net income rose to a record 10.8 trillion won ($9.6 billion) in the three months ended June. Sales rose 20 percent to 61 trillion won.
Hrvatski Telekom, Croatia’s largest telecommunications provider, presented its unaudited results for first six months of 2017. Compared to H1 2016, total consolidated revenue has increased by 8.5% to HRK 3,691 million.
Croatian IT market is continuing its upward trend, a fact that is apparent from the ICTbusiness.info analysis we conducted with Bisnode and its online portal Poslovna.hr. This trend has been driven mainly by strong growth in exports, and Matija Zeman, director of Comminus, sees this as both a great opportunity and a great challenge.
AT&T shares surged the most in three years after the telecommunications giant posted a surprise wireless subscriber gain in the second quarter, showing it can fend for itself in a cutthroat price war, according to Bloomberg.
Nintendo’s Switch is showing signs of becoming a money earner, according to Bloomberg. The company reported profit and sales that topped estimates as more people bought the new gaming machine, lifting prospects for brisk shipments during the holiday season.
American President Donald Trump will announce that Foxconn Technology Group plans a new factory in Wisconsin, fulfilling the Taiwanese manufacturing giant’s promise to invest in the U.S., according to Bloomberg.
As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in a trucking logistics startup that competes with Uber, according to Bloomberg.
New figures released by the European Commission show that customs authorities detained more than 41 million fake and counterfeit products at the EU's external border in 2016. The goods had a total value of over €670 million.
The Communication contributes to the creation of a European Union that protects, as promised by President Juncker in the 2016 State of the Union speech. It builds on initiatives in the area of defence, such as the European Defence Fund and the unprecedented level of cooperation between the EU-NATO that has developed over the past year.
This is the time when you need to appoint a person responsible for the protection of personal information in the organization. Do not mix the function of a Personal Data Protection Officer, who your company has already appointed under the old Act with this function. The new function has almost no similarities with the old one.
eBay shook investor confidence with slow growth in activity across its marketplace and a lackluster forecast, highlighting its ongoing struggle to emerge from the shadow of Amazon, according to Bloomberg.
Elon Musk tamped down expectations about Space Exploration Technologies’ new rocket designed to carry private citizens into space, saying whoever chooses to be among the first passengers will need to be brave, according to Bloomberg
For more than two decades, Nintendo’s twin product lines were the envy of its rivals: a home console and a handheld gaming device. But signs are emerging its new hybrid Switch may upend all of that, according to Bloomberg.