Industries

Technology

Best Buy signals slowing sales of work-from-home electronics

Best Buy signals slowing sales of work-from-home electronics

By: Uday Sampath Kumar
Source: Reuters
Date of Publication: February 25th, 2021
Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment as it missed holiday-quarter sales estimates, sending its shares down 8%.
Microsoft profits jump 33 percent as pandemic continues shift to cloud computing.

Microsoft profits jump 33 percent as pandemic continues shift to cloud computing.

By: Karen Weise
Source: The New York Times
Date of Publication: January 26th, 2021
Microsoft continued to benefit from the pandemic’s shift to remote computing and gaming, with revenue and profits reaching new heights in the latest quarter, the company said on Tuesday. Sales in the quarter hit $43.1 billion, up 17 percent from a year earlier, and profits rose 33 percent to $15.5 billion, Microsoft said.
Woman's hands hold a small wearable sensor with a glowing green light

On Factory Floors, a Chime and Flashing Light to Maintain Distance

By: Christopher F. Schuetze
Source: New York Times
Date of Publication: January 12th, 2021
Businesses like Henkel, a big German chemical company, are trying wearable sensors to prevent virus outbreaks among workers.
Sony Playstation 5

Sony Gets Lift From Stay-at-Home Demand Ahead of PlayStation 5 Launch

By: Peter Landers
Source: The Wall Street Journal
Date of Publication: October 28th, 2020
Company joins Japanese tech companies’ V-shaped recovery.
Netflix falls short on new subscribers as pandemic boost fizzles

Netflix falls short on new subscribers as pandemic boost fizzles

By: Lisa Richwine, Ayanti Bera
Source: Reuters
Date of Publication: October 20th, 2020
Netflix Inc NFLX.O on Tuesday posted its weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television.
IBM posts double-digit cloud revenue growth; says customers deferring some projects

IBM posts double-digit cloud revenue growth; says customers deferring some projects

Source: Reuters
Date of Publication: October 19th, 2020
International Business Machines Corp IBM.N edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud services, a business it is staking its future on as it prepares to spin off one of its legacy units.
Logitech shares surge as COVID-19 boosts home-working

Logitech shares surge as COVID-19 boosts home-working

By: John Revill
Source: Reuters
Date of Publication: October 19th, 2020
Logitech International LOGN.S shares led Europe's gainers on Tuesday as the computer peripherals maker reported a big jump in second-quarter profit and again hiked its guidance amid a work-from-home boom.
TikTok is driving massive toy sales as play dates become less frequent during pandemic

TikTok is driving massive toy sales as play dates become less frequent during pandemic

By: Sarah Whitten
Source: CNBC
Date of Publication: October 16th, 2020
Social media influencers were the fourth-most cited reason for someone making a toy purchase. More than 100 million Americans are monthly active users of TikTok. With that many eyeballs, it’s no wonder that toy companies are partnering with content creators to showcase products on the app. A number of toy companies have cited paid partnerships with TikTok creators as reasons for toy sale surges.
Nokia's COVID detection system automatically scans for temperature, mask

Nokia's COVID detection system automatically scans for temperature, mask

Source: Reuters
Date of Publication: October 15th, 2020
Nokia has created an automated system that uses a thermal camera and real-time video analytics to determine if a person has COVID-19 symptoms and is wearing a mask, part of efforts to protect employees as they return to work.
Silicon Valley Pay Cuts Ignite Tech-Industry Covid-19 Tensions

Silicon Valley Pay Cuts Ignite Tech-Industry Covid-19 Tensions

By: Katherine Bindley and Eliot Brown
Source: The Wall Street Journal
Date of Publication: October 11th, 2020
Bay Area staffers move to less-costly locales to work remotely in pandemic, triggering cost-of-living salary reductions and stoking debate.