NetApp accelerates revenue growth and increases outlook – CFO leaves

NetApp accelerates revenue growth and increases outlook – CFO leaves

NetApp share: quarterly figures NetApp Inc. (Nasdaq: NTAP) reported net sales of $1.541 billion in the first quarter of 2024/2025, an increase of eight percent year-on-year. This means that the growth of the US network equipment manufacturer accelerated slightly again.In the previous quarter, with sales of 1.668 billion US dollars, this was still six percent … Read more

Weibo: No all-clear for China’s Twitter counterpart

Weibo: No all-clear for China’s Twitter counterpart

Weibo share: quarterly figures The short message service Weibo Corp. (Nasdaq: WB, ISIN: US9485961018) reported net sales of 437.873 million US dollars in the second quarter of 2024, a decrease of one percent year-on-year (previous quarter: 395.497 million US dollars). The Chinese microblogging platform once again reported negative sales growth. In the previous quarter, the … Read more

Snap: Negative outlook leaves investors in shock, stock plummets

Snap: Negative outlook leaves investors in shock, stock plummets

Snapchat shares: quarterly figures Sales of Snap Inc. (NYSE: SNAP, ISIN: US83304A1060) rose 16 percent year-on-year to just under $1.237 billion in the second quarter of 2024 (previous quarter: just under $1.195 billion). This meant that the sales growth of the Californian chat and messenger service slowed down again significantly. In the previous quarter, sales … Read more

“Secure Your Private Messages with WhatsApp’s Latest Account Protection and Verification Features”

“Secure Your Private Messages with WhatsApp’s Latest Account Protection and Verification Features”

The chat and messaging service WhatsApp wants to make private conversations more secure and offers various security features, including account protection, device verification and automatic security codes. WhatsApp offers standard end-to-end encryption to protect personal messages. There are also other new features for data protection and more control. On April 13, 2023, the chat and … Read more

Infineon starts building a new chip factory in Dresden with an investment of 5 billion euros

Infineon starts building a new chip factory in Dresden with an investment of 5 billion euros

Infineon Technologies AG (ISIN: DE0006231004) announced today that it has started construction of a new factory for analog/mixed-signal technologies and power semiconductors. The Federal Ministry of Economics and Climate Protection (BMWK) has approved the early start of the project. The location for the new semiconductor factory is Dresden.Subject to the state aid decision of the … Read more

Pinterest: Social media and marketing platform slides deeper into the red, revenue growth continues to slow, user count falls

Pinterest: Social media and marketing platform slides deeper into the red, revenue growth continues to slow, user count falls

SAN FRANCISCO (IT-Times) – The online pinboard, photo and video-sharing platform Pinterest today released its results for the second quarter of fiscal 2022, showing renewed slower growth. – Pinterest stock quarterly results Pinterest Inc. (NYSE: PINS, ISIN: US72352L1061) was able to increase sales in the second quarter of fiscal 2022 compared to the same period … Read more

WhatsApp introduces Communities feature and more structured group chats with admin control

WhatsApp introduces Communities feature and more structured group chats with admin control

WhatsApp, the chat and instant messenger platform from Meta Platforms Inc. (Nasdaq: FB), announced on April 14, 2022 that it would release another feature, “Communities”. It’s a major update to the WhatsApp messaging app that will allow users not only to connect privately with friends and family as they have up until now, but also … Read more

Meta Platforms: Lawsuit over use of facial recognition software without user consent could be very expensive

Meta Platforms: Lawsuit over use of facial recognition software without user consent could be very expensive

Another lawsuit has now been filed against Meta Platforms Inc. (Nasdaq: FB). The plaintiff is the US state of Texas, which is citing the company in court for collecting facial recognition data without consent. Texas Attorney General Ken Paxton alleges that Facebook’s parent company illegally collected biometric data from users on servers without their consent, … Read more

Facebook becomes the umbrella brand Meta: What is behind the name change

Facebook becomes the umbrella brand Meta: What is behind the name change

The internet and technology group Facebook Inc. (Nasdaq; FB), to which the communication platforms Facebook, Instagram and WhatsApp as well as Oculus also belong, wants to form under the name Meta in the future. – – In this context, founder and CEO Mark Zuckerberg describes Facebook as a “company for social technology”. Yesterday he presented … Read more

CATL: BYD rival grabs Canadian millennial lithium for 377 million Canadian dollars

CATL: BYD rival grabs Canadian millennial lithium for 377 million Canadian dollars

Contemporary Amperex Technology Co. Ltd. – CATL for short -, China’s largest producer of lithium-ion batteries for automobiles and a competitor of the BYD company, takes over Millennial Lithium Corp. A final agreement was reached on September 28, 2021. The Canadian company is being acquired as part of a cash offer for 377 million Canadian … Read more