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Technology 17 Aug 2015 | 2:14 PM

Toshiba likely to post net loss for last fiscal year: Nikkei

Toshiba Corp is expected to report a net loss for the last fiscal year and also revise down its fiscal 2011/12 earnings to a loss following an investigation into its accounting practices, the Nikkei reported.

TECH 04 Dec 2018 | 7:37 AM

Xbox gaming revenue exceeded US$10bil in fiscal 2018: Microsoft

Microsoft’s gaming revenue exceeded US$10bil (RM41,51bil) in fiscal 2018 (which ended June 30), and Xbox Live had more than 57 million monthly active users, the company said during an annual shareholders meeting on Nov 28.

Technology 19 Dec 2012 | 12:00 AM

Oracle beats outlook, shrugs off fiscal debate

Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes.

Technology 29 Jan 2016 | 3:53 AM

Flipkart's Myntra unit expects to turn profitable in fiscal 2017

Myntra, part of Indian's biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs.

TECH 08 May 2014 | 9:30 AM

Nintendo banks on new games to return it to profit this fiscal year

Japan's Nintendo Co Ltd ended the last business year by booking its third straight loss, but said a series of new video games such as Mario Kart 8 would revive sales and return it to profit.

TECH 04 May 2016 | 7:01 AM

Sprint's loss widens, vows to cut US$2bil in costs this year

Sprint Corp on May 3 reported a wider quarterly loss and added fewer subscribers than expected, but vowed to cut more than US$2bil (RM7.97bil) in costs in the current fiscal year to stop the red ink.

TECH 05 Feb 2016 | 2:34 AM

IT services growth seen slowing as clients curb spending

Indian IT services exports are likely to grow at a slower pace next fiscal year than in the recent past as global clients rein in technology spending, an industry lobby group said.

TECH 09 May 2019 | 9:08 AM

Nintendo keeping expectations for China expansion realistic

Nintendo is collaborating with Tencent to bring its Switch console to China, but the company is keeping its expectations for expansion into China reasonable, Shuntaro Furukawa, Nintendo’s president, explained during Nintendo’s financial results briefing for the fiscal year which ended March 2019.

TECH 22 Oct 2018 | 5:12 AM

Germany urges global minimum tax for digital giants

German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for multinationals as Europe looks to levy tax notably on US tech giants.