Apple shares soared to an all-time high in after-hours trading, crossing the $ 400 level for the first time, after the company released second-quarter results that crushed Street estimates, and announced a stock split. 4 for 1. Apple (AAPL) reported revenue for its fiscal third quarter ended June 30 of …
Read More »Amazon Stock jumps on strong second quarter results
Text size Packages from Amazon.com Inc. are stacked on the sidewalk in New York, USA, on Thursday, June 11, 2020. Jeenah Moon / Bloomberg With a big boost from accelerated e-commerce adoption amid the Covid-19 pandemic, Amazon. com released second-quarter financial results that dramatically exceeded Wall Street estimates and the …
Read More »Facebook shares jump 7% as the pandemic helps make its audience even bigger
Facebook (full board) He said Thursday that he had 2.7 billion monthly active users at the end of the June quarter, a 12% increase from the previous year. Taking into account all the various Facebook applications, including Instagram and WhatsApp, the company surpassed 3 billion users for the first time. …
Read More »Amazon Gets FCC Approval for $ 10 Billion Satellite Internet Project
Amazon also posted record profits on Thursday. AFP / Getty Images Amazon.com Inc. obtained approval from the Federal Communications Commission to build a $ 10 billion satellite internet network that would rival SpaceX’s Starlink network. In documents released Thursday, the FCC authorized Amazon’s request to build a network of more …
Read More »Twitter says a high-profile hack was the result of a phishing attack
“This attack was based on a significant and concerted attempt to trick certain employees and exploit human vulnerabilities to gain access to our internal systems,” Twitter said in a tweet. A phishing attack is a type of cyber attack in which hackers try to trick victims into opening malicious emails …
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