Recent Posts

Qualcomm chip business stays strong in midst of Apple fight

Bloomberg Qualcomm Inc. issued a surprisingly bullish forecast for the current quarter, showing that robust demand for the company’s chips in China is making up for lost revenue from a bruising legal brawl with Apple Inc. Sales in Qualcomm’s fiscal first quarter will be $5.5 billion to $6.3 billion. Earnings per share, excluding some items, will be 85 cents to ...

Read More »

Sony Corp’s iconic aibo robotic dog makes a comeback

Bloomberg Sony Corp. is bringing back its iconic robotic dog, aibo. The new version (which Sony is marketing as “aibo” instead of the prior “AIBO”) comes equipped with a powerful computer chip, OLED displays for eyes and the ability to connect to mobile networks. Like its predecessor, the new pet toy responds to voice commands and can bark, sit and ...

Read More »

BOE chief tethers rate path to Brexit

Bloomberg Mark Carney is tying the Bank of England’s next interest-rate shift to the success of Brexit negotiations. After raising interest rates for the first time in more than a decade, the governor said the pending divorce from the European Union is the main risk to the outlook, aggravating existing weaknesses that have hobbled the economy and holding back potential ...

Read More »
Send this to a friend