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Hewlett-Packard shares takes a tumble on poor revenues

February 26, 2015

In just over six months, Silicon Valley stalwart Hewlett-Packard will split into two separate companies. Hewlett-Packard Enterprise will continue to provide HP’s corporate IT hardware and services solutions under the direction of…

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Drone investment set to soar despite regulation threat

February 25, 2015

Drones have hit the headlines again this month, as proposed FAA regulations threaten to make package delivery via unmanned aircraft unfeasible. But while lobbyists from some of technology’s biggest names battle to…

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Latest social networks explore new profit points

February 20, 2015

Social media statistics tend to be staggering. There are more Facebook users on Earth, for example, than there are Catholics. Half a billion Tweets are sent every single day; six billion hours…

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Drones: looking beyond the fear

February 13, 2015

The media attention surrounding drones has become almost laughably bipolar. On one side, there are those hailing unmanned aerial vehicles as the greatest gift to every industry from deliveries to window cleaning.…

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Tesla struggles with production delays and weak China performance

February 12, 2015

Tesla reported losses of $108 million in the fourth quarter of 2014, nearly seven times more than it incurred in the same period a year earlier. The result was a loss of…

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Super Bowl 2015: technology commercials take center stage

February 2, 2015

With nearly half of America’s TV-owning households tuning in, there’s no other event quite like the Super Bowl in the world of advertising. This year, while there was no shortage of car…

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Google’s earnings fail to meet Wall Street expectations

January 29, 2015

Google missed analyst expectations with its fourth quarter earnings, posting adjusted earnings of $6.88 per share, up from $6.01 per share a year earlier, but missing estimates of $7.11. The search giant’s…

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Facebook posts 34% increase in profits

January 29, 2015

Facebook reported a 34% rise in profits for Q4 of 2014, on the back of strong performance in mobile advertising. The social media giant’s earnings of $701 million or $0.54 per share also…

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Apple posts record quarterly profit

January 27, 2015

Apple has revealed its largest quarterly profit in its history, posting earnings of $18 billion for its fiscal first quarter. The Cupertino-based company beat analyst estimates across the board, largely due to…

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Yahoo to spin off Alibaba stake tax-free

January 27, 2015

Yahoo has announced plans to sell its stake in Alibaba, worth around $39 billion, without incurring a huge tax bill. The company’s CEO Marissa Mayer, who has been under significant pressure to…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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