Amazon misses mark with quarterly earnings, shares fall 5 percent

SEATTLE, Oct. 27 (UPI) — Amazon.com’s revenue and profit for the third quarter of 2016 wasn’t what analysts were expecting. In its quarterly earnings report, the online retailer posted $32.7 billion in revenue — up nearly 30 percent over $25.3 billion last year. Shares of Amazon, though, declined nearly 5 percent in trading Thursday. Overall, […]

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Qualcomm buys NXP, moves into cars and the internet of things

By Dan Gorenstein October 27, 2016 | 3:34 PM Embed Code <iframe src=”http://www.marketplace.org/2016/10/27/world/qualcomm-buys-nxp-moves-autos-internet-things/popout” frameborder=”0″ width=”100%” height=”240px”></iframe> Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES in Las Vegas, Nevada. – Justin Sullivan/Getty Images Qualcomm’s acquisition of NXP for $39 billion is the biggest semiconductor deal ever done.

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Amazon, After a Busy Third Quarter, Posts Lower-Than-Expected Earnings

Shares of Amazon.com Inc. fell in after-market trading on Thursday after the online retailer reported third-quarter net income that missed analyst expectations. The Seattle-based company said it had profit of $252 million, or 52 cents per share. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 85 cents per

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From Copying To Creating: Chinese Tech Firms Eyeing Global Expansion

In the US and much of the world, you have big names like Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB), Uber (Private:UBER) and Apple (NASDAQ:AAPL). In China, you have their counterparts that are less known globally: Alibaba (NYSE:BABA), Wechat, Didi, Huawei. Why is that these global companies have a strong foothold everywhere except the second largest economy in

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TP-Link® Unveils Latest Smart Bulb with More Than 16 Million Color Options to Customize Home …

BREA, Calif.–(Business Wire)–TP-Link®, a leading global provider of consumer and business networking products, today announced the addition of the LB130 to its family of Smart Wi-Fi Bulbs, which includes the LB100, the LB110 and the LB120. All models are now available at online retailers nationwide and feature Amazon Alexa compatibility, no smart hub or bridge

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Orbita Launches New Cloud-Based Platform for Home Health

BOSTON (October 27, 2016)—Orbita unveiled last week the industry’s first HIPAA-compliant, cloud-based solution designed specifically to improve the effectiveness and efficiency of connected home health care. Organizations using the Orbita platform can easily create, manage and deliver practical digital home healthcare applications that improve medical outcomes and reduce health care costs for individuals with chronic and

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