Technology

(Bloomberg) – Schlumberger Ltd. said it is cutting a fifth of its workforce when the oil services giant warned that new waves of Covid-19 could derail the nascent recovery in global energy demand. The Houston-based company posted its worst quarterly sales in 14 years on Friday, reflecting the devastating impact …

Apple (NASDAQ: AAPL) It is not the same company that it was five years ago. For one thing, it no longer sees sales of its iPhone devices as the main driver of its future. Some investors have taken Apple’s change in strategy towards services and other sources of income as …

While the world is closed thanks to COVID-19, San Diego Comic-Con organizers opted to host an online convention, so at least the entertainment industry could continue to enjoy that annual public relations boost in mid-2015. July. Things started to go wrong, however, during the Star Trek panel, which featured a …

Intel Corporation, a US multinational corporation and California-based technology company, said its new 7-nanometer-based CPU was delayed by six months and hopes it won’t be ready until late 2022 or early 2023, sending its shares to the drop 10% “Intel has been projecting a half year loaded since January, and …

Apple CEO Tim Cook delivers the keynote address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California. Brooks Kraft / Apple Inc / Brochure via Reuters Intel said in its earnings report Thursday that it is delaying its new 7-nanometer processors in approximately …