Rackspace on Thursday published better-than-expected financial results for the fourth quarter and the full fiscal 2020 year. Revenue grew in Q4 thanks to growing customer spending in the Multicloud Services and Apps & Cross Platform segments. Fourth quarter non-GAAP earnings per share came to 26 cents on revenue of $716 …
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Google headquarters in Mountain View, California. Stephen Shankland/CNET Google on Thursday said it’s restructuring its teams that focus on the development of artificial intelligence, a shake-up that follows months of turmoil after the departure of a prominent AI researcher at the company. The new team, called the Responsible AI Research …
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Keith Gill, the Redditor/YouTuber seen by many as the central figure in GameStop’s stock price soaring to almost $500 in late January, testified before the House Financial Services committee on Thursday afternoon. It is believed to be the first time the House has accepted sworn testimony from a witness seated …
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The government will today announce a new £800m military research agency that was spearheaded by former Boris Johnson aide Dominic Cummings. The Advanced Research & Invention Agency (Aria) will be “tasked with funding high-risk research that offers the chance of high rewards” and is set to be launched next year. Read …
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Royal Mail has admitted parts of the UK could still be experiencing a reduction in postal services due to higher volumes of mail during the lockdown, Covid-related staff absences and social distancing measures at delivery offices. Almost one in three people in Britain experienced a delay in sending or receiving …
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AMAZON is warning residents about a new scam after county people were targeted. Residents from Droitwich have been among those who scammers have tried to fleece. One resident wrote on social media that a call was made from someone claiming to be from the global firm to an 81-year-old woman …
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And add a new snooze button The first Android 12 developer preview just rolled out, and we’re digging through it to find all the new changes included in the update. So far, we’ve taken a look at several changes for developers that aim to make Android more intuitive, better performing, …
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Weeks after Reddit community r/WallStreetBets shitposted GameStop stock up to more than $400 a share, the House Financial Services Committee pulled all of the major players in for questioning on Thursday. The hearing featured: Robinhood CEO Vlad Tenev, whose commission-free brokerage platform made WallStreetBets’ GameStop short squeeze possible — well, …
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Extreme E’s ‘floating paddock’ the St. Helena has set sail for Saudi Arabia. Yep, the all-electric off-road cousin of Formula E is actually happening people. Get ready. There have been delays to the worldwide race calendar (for obvious reasons), but after 17 to 20 days at sea the ex-Royal Mail ship …
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Walmart Inc. (WMT) – Get Report posted weaker-than-expected fourth-quarter earnings Thursday, thanks in part to a charge linked to taxes in the United Kingdom, but still managed record sales of more than $150 billion as U.S. shoppers continued to favor big-box retailers over smaller rivals. A planned surge in investment costs, …
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