Amazon today announced financial results for its fourth quarter ended December 31, 2019.
Huawei has launched Huawei Pay in Pakistan, in partnership with UnionPay International and National Bank of Pakistan. Pakistan is the fourth market where Huawei Pay has been made available, following China, Russia and Hong Kong (China).
Samsung has completed its acquisition of TeleWorld Solutions (TWS), a Virginia-based telecom provides wireless networking and consulting services, including 5G solutions.
Huawei said Tuesday that its sales rose a lower-than-projected 18% in 2019 and predicted tough times ahead as the U.S. moves to restrict its business.
BlackBerry beat quarterly revenue estimates on Friday, boosted by sales from its licensing and cybersecurity businesses.
Ericsson has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021
BlackBerry will report results for the third quarter of fiscal year 2020 at 8 a.m. ET on Friday, December 20, 2019. Shares in BlackBerry started unchanged on on Thursday. The company’s stock began trading at $5.42 below the previous closing price of $5.42, and finished the day at $5.37.
Google has confirmed that it has officially entered into a definitive agreement to buy Fitbit at a valuation of $2.1 billion. Fitbit is Google’s biggest acquisition in consumer electronics since it paid $3.2bn for smart home company Nest in 2014.
Apple today announced financial results for its fiscal 2019 fourth quarter ended September 28, 2019. The Company posted quarterly revenue of $64 billion, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent. International sales accounted for 60 percent of the quarter’s revenue.