Facebook posts massive $26 billion revenue – but not a Bitcoin in sight April 28, 2021 No sign of rumoured Bitcoin holdings as Facebook posts record $26 billion revenue figures.
Demand for new iPhone sees Apple post record quarterly revenue April 28, 2021 Apple has posted record quarterly revenue on surging demand for new iPhone and pandemic-induced buying for its other profits. Revenues more than doubled from $23.6bn to $89.6bn this quarter. Apple earned $1.40 per share, beating expectations of 99 cents. It follows a record performance in the first quarter when the company broke the $100bn quarterly [...]
Facebook beats expectations as ad spend surges April 28, 2021 Facebook beat Wall Street expectations for quarterly revenue on increased digital ad spend as the world emerges from lockdown restrictions. Total revenue, which primarily consists of ad sales, jumped to $26.17bn in the three months to 31 March, beating estimates of $23.67bn. Earnings came in at $3.30 per share versus the expected $2.37 forecast. Facebook [...]
Major Arsenal sponsor sees former execs arrested on suspected $29m fraud – reports April 28, 2021 Top former executives at a firm that sponsors Premier League side Arsenal have been arrested on what police suspect to be a $29m fraud. News outlets in Turkey are reporting six former executives at GKFX have been arrested by Turkish police. Police are suspecting the executives were involved in embezzling $29m in client funds at [...]
Fed keeps rates and bond buying unchanged but notes “strengthened” recovery April 28, 2021 The Federal Reserve has left interest rates and bond buying unchanged but is encouraged by a “strengthened economy”. “Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened,” the central bank said. The result of the FOMC result is as analysts expected but the vaccine rollout and additional stimulus [...]
Spy scandal: Businessman admits smuggling marine tech to China April 28, 2021 A Chinese businessman has pleaded guilty to smuggling marine technology out of the US to help China’s efforts to develop underwater military drones. Shuren Qin, a marine biologist who owns a company that sells oceanographic instruments, pleaded guilty in Boston federal court to illegally exporting devices called hydrophones, which monitor sound underwater. His plea related [...]
Microsoft calls on users to pick new default font for Office April 28, 2021 Microsoft is changing its Office font for the first time in 15 years and is calling on users to pick the new default. There are more than 700 options in Word but Microsoft has reportedly commissioned five new customs for Office as it moves away from Calibri. Users will be given the options to choose [...]
G7 leaders ink agreement over global tech regulation April 28, 2021 Top leaders from G7 nations today signed an agreement over proposed new tech laws aimed at curbing the power of Big Tech and improving safety on online platforms. Politicians from the UK, Canada, France, Germany, Italy, Japan, the US and the EU signed a declaration outlining a series of shared principles on how to tighten [...]
UK gets 60m units of Covid booster vaccine from Pfizer April 28, 2021 The UK has secured an extra 60m doses of the Pfizer vaccine to be used for the country’s booster programme that will aim to protect against new variants. The Department of Health said in a statement that the government will also buy booster doses of other vaccines as well to administer the booster programme. About [...]
Drinking around the world: Care for a glass of Dutch red? April 28, 2021 When one thinks of wine growing terroir, thoughts turn to the rolling valleys of the Languedoc or the rugged terrain of the Duero River Valley. The flat-as-a-pancake Dutch countryside doesn’t generally spring to mind. But with more than 200 active, commercial vineyards, Holland is slowly gaining international attention as a wine-making region as it recovers [...]
