Spotify results beat estimates as more users tune in
Spotify, which launched its services in 86 new countries in the quarter. United states, Mexico, Russia have shown growth and India offset lower-than-expected growth in Latin America and Europe. Wall Street estimates for first-quarter revenue and paid subscribers’ rate has been beaten by Spotify Technology. User growth in countries such as the United States and […]
Google battles landmark UK class action over alleged iPhone tracking
A multi-billion-pound British class action is proposed against the Google. This alleges that the internet giant Google has tracked secretly millions of iPhone users. So due to this allegation, the Supreme court said that this is not viable and should not be allowed to follow. Antony White, a lawyer for Google said to the report […]
Brexit hit to British Banks still not fully felt, UK finance ministry says
Britain’s top financial assistants said that the hit to the city of London was less severe than the prediction, from Brexit. Britain has reached the post Brexit steady state. Katharine Braddick, head of financial services at Britain’s finance ministry told an event held by the Peterson Institute for International Economics that banks settling on locations […]
APPLE soars past sales, profit targets with strong iPhone demand, warns of chip shortages
5G iPhone upgrades have greatly fueled the sales and profits ahead of Wall Street expectations, reported the Apple. And there is also a warning due to the shortage of global chip. Because this in turn could dent iPads and Mac sales by several billion dollars. Fiscal second-quarter sales to China nearly doubled and results topped […]