Apple ‘temporarily’ blocks Google’s internal iOS apps, too
Facebook’s not the only one in trouble. Earlier this week, Apple banned Facebook from running internal iOS apps because Facebook had been using Apple’s enterprise certificate to distribute software outside of the App Store. Now, Apple has put the same kibosh down on Google, which had done the same thing. “We’re working with Apple to fix a temporary […]
Telesat inks satellite internet deals with Loon and Blue Origin
The agreements could entrench the Canadian telecom as a leader in the competitive industry. Canadian telecom Telesat has inked a couple of deals that could boost its aim to become a key player in the satellite internet field. It’s planning to establish a low-earth orbit network of 292 satellites, with Jeff Bezos’ Blue Origin helping […]
PlayStation keeps making money, Sony phones keep losing it
The company predicts more cameras in smartphones means a higher demand for sensors. The most interesting part of cracking open a fresh financial report from Sony is seeing whether the momentum behind the PlayStation 4 shows any signs of slowing down. Sony kinda spoilt that for us just after the new year, though, announcing that […]
Mozilla says Facebook isn’t transparent enough with political ads
It wants the EU to take action. It’s not just activist groups complaining that Facebook’s browser add-on policies are hurting political ad transparency. Mozilla has sent a letter to the European Commission contending that Facebook’s approach is creating a “lack of transparency.” The browser developer wants to launch a Firefox Election package for the EU’s […]
US stocks mixed as investors eye China trade talks
In earnings news, Facebook surged 11.3 percent after reporting a record quarterly profit of $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network’s image. New York: Wall Street stocks were mixed early Thursday following an uneven batch of earnings as investors eyed ongoing trade talks between the […]
General Electric CEO Sees 2019 Industrial Revenue Rising, Cash Weak
GENERAL Electric Co expects industrial revenue to rise by low to mid-single-digit percent this year, as gains at renewable energy, aviation and healthcare offset a decline in the power unit, Chief Executive Officer Larry Culp said on Thursday. The forecast, which excludes restructuring and currency changes, was one of very few projections GE gave investors as […]
Amazon Sales Outlook Falls Short After Record Holiday Quarter
Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, warning that new regulations in India had created uncertainty around one of its key growth markets and saying it would step up investments in 2019. Shares of the company fell 5 percent to $1,635 after the bell. The outlook overshadowed Amazon’s record sales and […]
2 Stocks to Watch Today: QUALCOMM Incorporated (QCOM), GoPro, Inc. (GPRO)
QUALCOMM Incorporated (NASDAQ: QCOM) experienced a high price of $50.42 with a low value of $49.21 at the end of the last trading session, which followed after a gain of 1.56% and settled at $50.17 during the course of the last 24 hours for the day. Respectfully, the company now has 1.20B shares after the […]
Top dollar for pipeline
Canada’s parliamentary budget watchdog says the Liberal government paid the “sticker price” when it bought the Trans Mountain pipeline from Kinder Morgan for $4.4 billion. Parliamentary Budget Officer Yves Giroux estimates the Trans Mountain pipeline and planned expansion project are worth between $3.6 billion and $4.6 billion. This means government’s purchase price of $4.4 billion […]
‘Puzzling’ wage numbers
A senior Bank of Canada official offered explanations Thursday for the country’s “puzzling” and disappointing stretch of wage gains, even though the job market been experiencing one of its biggest labour shortages in years. In a Toronto speech, senior deputy governor Carolyn Wilkins said weaker wage growth in energy-producing provinces since the 2014 oil-price slump […]