Nathan Jolly – Page 38 – channelnews

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Ebay Leaps 8% After Rosy Current-Quarter Estimate

Ebay Leaps 8% After Rosy Current-Quarter Estimate

Nathan Jolly April 27, 2023 No Comments

EBay saw its share price jump 8 per cent in after-market trading after projecting current-quarter revenue that exceeds Wall Street estimates. According to the e-commerce giant, its June quarter revenue…

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Top Meta Exec Questions “Chinese Company” TikTok’s Values

Top Meta Exec Questions “Chinese Company” TikTok’s Values

Nathan Jolly April 27, 2023 No Comments

A top executive for Meta has slammed the value system governing “Chinese company” TikTok, in an interview with Bloomberg. Nick Clegg, Meta’s head of global affairs, pointed out what he…

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Meta Returns To Growth, Company Value Jumps $75 Billion

Meta Returns To Growth, Company Value Jumps $75 Billion

Nathan Jolly April 27, 2023 No Comments

Meta has managed to arrest three consecutive quarters of declining revenue, sending shares leaping as the Facebook parent erases last year’s stock price slide. Shares soared by 12 percent after…

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Microsoft’s $100B Activision Takeover Blocked

Microsoft’s $100B Activision Takeover Blocked

Nathan Jolly April 27, 2023 No Comments

Microsoft’s planned $100 billion purchase of Activision Blizzard has been blocked by the UK’s antitrust watchdog, effectively killing off what would have been the biggest gaming deal in history. The…

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Inflation Eases To 7%

Inflation Eases To 7%

Nathan Jolly April 26, 2023 No Comments

Inflation has eased at 7 per cent for the March quarter, down from the 7.8 per cent seen during the December quarter. Housing prices continue to drive inflation, up 9.8…

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Reject Shop Calls Wage Theft Lawsuit “Immaterial”

Reject Shop Calls Wage Theft Lawsuit “Immaterial”

Nathan Jolly April 26, 2023 No Comments

The Reject Shop has dismissed a class action lawsuit claiming underpayments to staff as being for “immaterial” amounts. The class action was launched by Adero Law, and alleged that, between…

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Kmart Issues Urgent Smart Watch Recall

Kmart Issues Urgent Smart Watch Recall

Nathan Jolly April 26, 2023 No Comments

A digital smart watch sold through Kmart Australia and intended for children has been recalled, over safety fears. The Anko Kids Digital Watch (SKUs 71772424, 71772417) have been recalled by…

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Apple Watch To Implement AI Coach, Emotion-Tracker

Apple Watch To Implement AI Coach, Emotion-Tracker

Nathan Jolly April 26, 2023 No Comments

Apple is planning to introduce a health coach powered by artificial intelligence, as well as an emotion-tracking to its Apple Watch. The new service is codenamed Quartz, and is “designed…

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Consumer Confidence In Eight-Week Slump

Consumer Confidence In Eight-Week Slump

Nathan Jolly April 26, 2023 No Comments

Consumer confidence has sat below the 80 level for eight weeks straight, a longer streak than seen during the depths of COVID, or the GFC. Consumer confidence increased by 0.8…

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OpenAI Drives Strong Q1 For Microsoft

OpenAI Drives Strong Q1 For Microsoft

Nathan Jolly April 26, 2023 No Comments

Microsoft shares have jumped 8.3 per cent in late trading as the company’s cloud-computing services and its leap into artificial intelligence saw quarterly profits and sales beat Wall Street projections.…

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