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Splunk beats quarterly revenue estimates on steady demand for cloud services

(Reuters) - Data analytics software maker Splunk topped Wall Street estimates for fourth-quarter revenue and profit on Tuesday, bolstered by strong demand for its cybersecurity software and cloud

Apple met with US Justice department in bid to avoid antitrust lawsuit, Bloomberg reports

(Reuters) - Apple representatives met with U.S. Justice Department officials last week in a bid to persuade the agency not to file an antitrust suit against the iPhone maker, Bloomberg reported on

Agilent reports better-than-expected first quarter results, shares rise

(Reuters) - Agilent Technologies on Tuesday beat Wall Street estimates for first-quarter profit and revenue, helped by strong sales in its life sciences and diagnostics units, sending shares up 5% in

Ride-share app inDrive launches loan, credit card offering for drivers in Mexico

By Kylie Madry MEXICO CITY (Reuters) - Ride-share application inDrive has partnered with financial technology firm R2 to extend loans to its drivers in Mexico, the company said on Tuesday, in a bid to

US Senator urges chipmakers to help keep their chips out of Russian weapons

By Karen Freifeld (Reuters) -U.S. semiconductor manufacturers should do more to keep their chips from illegally making their way into equipment used by the Russian military, U.S. Senator Richard

Odysseus moon lander still operational, in final hours before battery dies

By Steve Gorman and Joey Roulette (Reuters) -Odysseus, the first U.S. spacecraft to land on the moon since 1972, neared the end of its fifth day on the lunar surface still operational, but with its

Applied Materials receives subpoena from SEC on China shipments

(Reuters) - Semiconductor equipment supplier Applied Materials received a subpoena from the U.S. Securities and Exchange Commission (SEC) in February, requesting information relating to certain China

Bumble’s revenue forecast signals slowdown in spending on dating apps

(Reuters) -Bumble said on Tuesday it would lay off about 350 roles, a first major step taken by new CEO Lidiane Jones, after the online dating company forecast disappointing first-quarter revenue as

EBay beats earnings estimates on strong holiday spending

(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during the holiday season and strength in its focus

Bumble to cut about 350 roles, forecasts weak first-quarter revenue

(Reuters) -Bumble said on Tuesday it would lay off about 350 roles, a first major step taken by new CEO Lidiane Jones, after the online dating company forecast disappointing first-quarter revenue as

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.