Google might be helping people with their quick search online but now it is searching for the next big thing for itself. Google's parent company Mountain View, California based Alphabet, is working hard with several projects starting from thermostats connected to Wi-Fi and nanoparticles for detecting cancer but could not generate the expected amount of profit in the first quarter.
IBM has suffered from drop in revenue for several quarters and the company's second-quarter profit forecast was not in line with the analysts' projections.
The Armonk, New York based company has made an effort for years to boost its sales figure as vendor of cloud products and technology using artificial intelligence but that does not seem to be nearing anytime soon.
Lockheed Martin Corp. the Bethesda based American global aerospace, defense, security and advanced technologies company said it will be cutting about one thousand jobs in the aeronautics division. The move comes as the company makes an effort to stay competitive and keep its staff aligned with the orders.
Justice Department Asking Apple to Unlock some of its iPhones; Apple has Still not Agreed to any Such ServicesSubmitted by Nalin Sahdev on Wed, 02/24/2016 - 08:02
The dispute between the Justice Department and Apple is still on and company says it is fighting the demands of the government to unlock some of its iphones.
On Tuesday, in a letter which was unsealed in the federal court, a lawyer for the company, Marc J. Zwillinger said "Apple has not agreed to perform any services on the devices."
Earlier in the month during an earnings call Yahoo Inc. posted huge quarterly loss. Yahoo's CEO, Marissa Mayer had said that the company has plans to overturn the declining revenues and seeks to build a product line that will be new and fast-growing. She connected the strategy to as big as a "tectonic shift."