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Oracle Corp reported a higher-than-expected quarterly profit as its cloud business continued to gain momentum, and the company said it was boosting its stock buyback program by US$10bil (RM41.38bil).
Prominent US Republicans criticized Apple Inc on Wednesday for opposing a government request for help hacking into an iPhone belonging to one of the San Bernardino attackers, calling the issue tough but important to boosting national security.
Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc.
Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7%.
Technology has fundamentally changed the way business is done today; from employees expecting to be able to access personal or business data from any location or device, to the emergence of new business models like managed services or sharing economies.