Sci & Tech

Heineken’s #192countries, the most talked-about social media campaign

Social media personalities have described the ongoing Heineken Nigeria’s 192 countries social media campaign as the most talked-about public relations campaign. In a statement, Marketing Director, Nigeria Breweries, NB, Franco Mario Maggi said social media users have continued to express their excitement on the new campaign and “timelines are constantly being flooded by #192 countries.” […]

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Atlassian sells team-chat tools to Slack

(Reuters) – Software maker Atlassian Corp Plc said on Thursday it will exit its chat-platform business by selling Stride and Hipchat Cloud to privately owned Slack Technologies for an undisclosed amount. FILE PHOTO: The Slack messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo Atlassian has made an equity investment […]

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Game publisher EA’s revenue forecast misses estimates

(Reuters) – Electronic Arts Inc forecast tepid second-quarter revenue growth on Thursday, overshadowing quarterly results that topped analysts’ estimates and sending its shares down 7 percent in extended trading. FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, […]

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U.S. regulator stands by decision to block Winklevoss bitcoin ETF

NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing […]

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Intel data center results, margin outlook disappoint, shares drop

(Reuters) – Intel Corp’s (INTC.O) fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc (AMD.O), and it again delayed the release of its next-generation chips until the end of 2019. The Intel logo is shown at E3, the world’s largest video […]

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U.S. regulator stands by decision barring Winklevoss bitcoin ETF

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision to block an exchange-traded fund (ETF) that would have tracked bitcoin. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan […]

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Amazon beats estimates, Wall St. breathes sigh of relief

SAN FRANCISCO/NEW YORK (Reuters) – Wall St breathed a sigh of relief on Thursday after Amazon.com’s quarterly results beat estimates, sending the online retailer’s stock to a record high and alleviating fears of deepening troubles across the FANG group after Facebook’s results sent its shares reeling. FILE PHOTO: Amazon.com’s logo is seen at Amazon Japan’s […]

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Intel’s data center business falls short, shares slip

(Reuters) – Intel Corp’s (INTC.O) fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc (AMD.O), and again delayed the release of its next-generation chips until the end of 2019. The Intel logo is shown at E3, the world’s largest video game […]

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Amazon earnings skyrocket on cloud computing, advertising

(Reuters) – Amazon.com Inc (AMZN.O) posted a profit that was double Wall Street targets on Thursday and forecast a strong pre-holiday quarter thanks to the retailer’s newer high-earning businesses including cloud computing and advertising. FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City,U.S., January 29, 2016. REUTERS/Mike […]

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Zuckerberg loses more than $15 billion in record Facebook fall

(Reuters) – Facebook Inc (FB.O) Chief Executive Mark Zuckerberg’s fortune took a more than $15 billion hit on Thursday, as the social media company suffered the biggest one-day wipeout in U.S. stock market history a day after executives forecast years of lower profit margins. At least 16 brokerages cut their price targets on Facebook after […]

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SEC says it will not approve Winklevoss bitcoin ETF

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Thursday said it would reaffirm an earlier decision not to let a proposed bitcoin-tracking exchange-traded fund trade. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing in the […]

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Intel’s data center business misses estimates, shares fall

(Reuters) – Intel Corp (INTC.O) missed analysts’ estimates for its closely watched data center business on Thursday as it faced stiff competition from rival Advanced Micro Devices Inc (AMD.O), sending its shares down 3 percent in extended trading. The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, […]

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