financial
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Intel Confirm Staff Redundancies and Tech Cancellations After Q3 Profit Dive!
Coming a little ahead of the usual schedule, earlier this month Intel formally confirmed their Q3 financial results, and, overall, the numbers were not good. – And just to clarify, when a company reveals its quarter figures early, this is typically a sign that things haven’t gone too well. Showing…
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Nvidia Expects Q3 GPU Sales to Slump (And They’re Probably Right!)
As part of its latest financial call to investors, Nvidia has reported that they have had an excellent first half of 2022 with its latest figures showing a 46% increase in revenue during the last quarter when compared to Q2 2021. In other words, business is booming! While this might…
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Amazon to Accept Bitcoin Before the End of the Year?
With more and more major organisations choosing to accept Bitcoin as a form of payment, it was always a matter of curiosity if Amazon would ever decide to get on board with it. While it’s always been well known that the retail giant has been considering it for quite some…
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AMD First Quarter Financial Results Revealed for 2021
Over the last few years, we’ve seen AMD go from being the underdog to being a market leader in many sectors. It’s been a long road for them, and they’ve still got a lot of ground to make up in some markets, but either way, it’s been interesting to watch.…
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Magic Leap Confirms Major Restructuring as Cash Runs Thin!
Magic Leap first launched its consumer-level AR (augmented reality) headsets to the market in mid-2018 and, so far, sales have been more than a little disappointing. How badly is it doing? Well, while we don’t have any up-to-date figures, we do know that as of December 2019, total sales were…
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Blizzard Reports Sacking Of Chief Financial Officer
Blizzard Sack Chief Financial Officer It’s not much of a secret that Blizzard/Activision has not been having a very good time of it recently in terms of their finances. With the failure of WoW Battle For Azeroth to revive the flagging subscribers (despite the traditional launch spike) and the…
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Tesla Reports Mount Over Major Financial Problems
Tesla Reports Mount Over Major Financial Problems You would struggle to find many people out there that do not admire either Tesla as a car company or Elon Musk as an entrepreneur. There have been few in recent years that have embodied a spirit of innovative design and a genuine…
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Mastercard to Introduce Biometric Credit Cards
MasterCard have revealed a new credit card with an inbuilt biometric fingerprint reader as an additional security means to tackle credit card fraud. The technology works similar to that used on Smartphones where to issue payment, you must have your finger over the sensor to read your print and confirm payment.…
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AMD Posts Better Than Expected Q4 2016 Financial Results
Ever since their ATI merger, AMD has been on staring into the abyss in terms of their financials. After a couple of years of near disaster, the company has managed to claw its way back to near stability over the past several years. Things have started to turn around for…
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AMD’s Q3 2016 Financials is a Step in The Right Direction
AMD’s financial results have been rather poor for a considerable amount of time and raised questions about potential takeover talks and the company’s long-term monetary strategy. Over the past year or so, AMD has been working incredibly hard to engineer new solutions and set a framework for the foreseeable future. Thankfully,…
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Seagate Posts First Quarter 2017 Financial Results
Seagate is one of the technology industry’s leading manufacturers and produces a huge range of storage solutions ranging from budget SATA drives all the way up to larger performance devices. The company’s latest financials have just been revealed for the first quarter of 2017, ending September 30th, 2016. Seagate recorded…
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Ecuador is the Latest in Series of Hacks Against Banks
When it comes to hacking, people do it for all kinds of reasons. Some do it for fun while others target people and places for money. If you are after money, there is only really one place to target, banks. With the bank of Bangladesh having lost millions, with even more…
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AMD Releases Lacklustre Q1 Results
Nearing the end of the cycle for their current generation products, its not surprising to see poor financial results come out from AMD. Last year was a terrible one and it looks like 2016 won’t be much better, at least for Q1. For the first quarter of 2016, AMD posted…
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Intel Planning Extensive Staff Layoffs
In the search for either greater margins or reducing costs, companies have always turned to layoffs as a way to do so. Usually the domain of ailing firms, it’s rare for a healthy and growing company to cut any of their staff. Even more surprising is that Intel, the giant…
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NVIDIA Reports Record Fourth Quarter Revenue Figures
Today, NVIDIA unveiled their latest financial results for the fourth quarter ending January 31st, 2016. The company’s revenue increased by 12% from $1.25 billion last year to $1.40 billion. Additionally, their revenue was also up 7% compared to the previous quarter which showcases the massive growth of late. Revenue for fiscal…
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