South Africa’s GDP Falls by 2% During First Quarter of 2020 | Tempemail

Sourced from Finance Monthly. According to Statistics South Africa, the country’s economy decreased by 2.0% in the first quarter of 2020. Extending the technical recession the country found itself in in the last quarter of 2019. Stats SA’s latest quarterly GDP figures come only a week after SA’s finance minister Continue Reading

Cisco’s third quarter gets boost from demand for work-from-home apps – Finance- Tempemail

Cisco Systems beat quarterly revenue and profit estimates on Wednesday as COVID-19 lockdowns globally boosted demand for its remote-work tools and networking equipment, sending the Dow component’s shares up nearly 3 percent after the bell. The health crisis has forced many businesses to go completely online, increasing the use of Continue Reading

Global smartphone output to plunge by record 16.5 percent in June quarter – TrendForce – Benchmarking Change- Tempemail

Global smartphone production is expected to slump a record 16.5 percent to 287 million phones in the June quarter from a year earlier as the coronavirus pandemic muzzles demand, TrendForce said, despite supply chains resuming after weeks of shutdown. Samsung Electronics and Apple Inc will retain their first and third Continue Reading

Google reports weak revenue growth in first pandemic-affected quarter | Technology

Google reported its weakest revenue growth in nearly five years in the first quarter as the pandemic-driven recession began to shrivel its advertising sales. “It was the tale of two quarters,” Sundar Pichai, Google’s chief executive, told investors on a conference call on Tuesday. Typically – strong revenue growth in Continue Reading

Twitter chief to donate quarter of his fortune to coronavirus fight | Technology

Jack Dorsey, Twitter’s chief executive, has pledged to donate $1bn (£800m) to fund coronavirus research to help “disarm this pandemic”. Dorsey, who co-founded Twitter in 2006 and went on to co-found payments company Square, tweeted on Tuesday that he was donating $1bn of Square shares to a charitable fund, called Continue Reading

HyreCar Announces Fourth Quarter and Full-Year 2019 Results- Tempemail

HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the fourth quarter and year ended December 31, 2019. Full Year 2019 Financial Highlights Revenue was $15.9 million, compared to $9.8 million in 2018, an increase of Continue Reading

Madhya Pradesh to get State Cert agency by first quarter of next FY- Tempemail

Read Article What is the progress of adoption of ICT in various departments of the Madhya Pradesh government? Many departments have digitised their processes to simplify citizen services. We have an extensive financial management service which runs for treasury offices in the state. We have ‘Sampada’ software for commercial tax Continue Reading

Kuo: iPhone production will remain slow through the second quarter of 2020

Bottom line: While Apple is hoping for China to get the coronavirus crisis under control, some of its most important component suppliers won’t be able to return to normal working conditions until May, at the earliest. If you go by data from CounterPoint Research, Apple’s phones have been selling like Continue Reading

As Salesforce announces record quarter revenue, co-chief executive Keith Block steps down- Tempemail

Salesforce co-chief executive Keith Block is to leave the business, with Marc Benioff taking on the role of chair and sole chief executive just after the company announced record quarterly results. Block will step down from co-running the customer relationship management platform but remain as an advisor to Benioff, it Continue Reading