The Chinese tech company shipped 55.8 million phones in the three months ending June, beating rival Samsung, which shipped 53.7 million, according to the Canalys report. “Taking first place is very important to Huawei,” said Canalys analyst Mo Jia. “He is desperate to show his brand strength to domestic consumers, …
Read More »PayPal CEO: “I don’t think there will be a reversal” of e-commerce after COVID-19
Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
Read More »Huawei beats Samsung to be the number one smartphone maker thanks to China
The logo of the Chinese company Huawei at its UK headquarters in Reading, west London, on January 28, 2020. Daniel Leal-Olivas | AFP via Getty Images Huawei became the world’s largest smartphone player in the second quarter for the first time, a new Canalys report shows. Most sales come from …
Read More »Watch Rep Pramila Jayapal make Facebook Mark Zuckerberg squirm
Mark, are you a big fat cat? During Wednesday’s hearing with Big Tech CEOs about possible antitrust violations, Facebook CEO Mark Zuckerberg faced business search and destroy tactics for his company. Washington Rep Pramila Jayapal read several damning email exchanges between Zuckerberg, Facebook COO Sheryl Sandberg, and other top brass …
Read More »Apple reports earnings tomorrow. This is what to expect.
Text size Street’s consensus is $ 52.1 billion in revenue and profit of $ 2.09 per share. Justin Sullivan / Getty Images This could be the quarter that Apple‘s earnings don’t really matter. Well, okay, they matter. But the truth is that Apple investors (ticker: AAPL) are uniquely focused on …
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