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Indonesias Go-jek Close To Profits In All Segments Except Transport Ceo

JAKARTA – Go-Jek, Indonesia’s first billion-dollar startup, is “extremely close” to achieving profitability in all its segments, except...

Ubers New Brazil Center Aims To Improve Safety Of Cash Transactions

SAO PAULO – Ride-hailing company Uber Technologies Inc plans to open a 250 million-reais ($64-million) center in Brazil that will research technology to make it...

As Nvidia Expands In Artificial Intelligence Intel Defends Turf

– Nvidia Corp (NVDA.O) dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the...

Applied Materials Weak Forecast Fans Concerns Over Chip Boom End

– Applied Materials Inc, the world’s largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street...

Nvidia Forecast Lags Wall Street As Crypto Demand Evaporates

– Nvidia Corp (NVDA.O) shares sank as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and...

Nvidia Forecasts Revenue Below Estimates On Weak Crypto Demand

– Nvidia Corp forecast third-quarter revenue below Wall Street estimates on Thursday, citing drying up demand in its cryptocurrency business, sending its shares...

Sec Pressing Tesla Directors For Details On Communications With Musk Wall Street Journal

– Federal regulators are pressing Tesla Inc’s (TSLA.O) directors for details on how much information Chief Executive Elon Musk shared with them before he...

Applied Materials Forecast Current-quarter Profit Revenue Below Estimates

– Applied Materials Inc, the world’s largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below estimates on...

Applied Materials Quarterly Revenue Jumps 19 Percent

– Applied Materials Inc, the world’s largest supplier of equipment used to make chips, reported a 19.3 percent rise in quarterly revenue on Thursday as...

Indian Streaming Firm Hotstar Sees Blended Revenues As Winning Strategy

MUMBAI – Indian video streaming service Hotstar sees its blended revenue model that relies on both subscription fees and ad sales as a winning formula in...