Tech News

Disney results jump on strong movie slate

Walt Disney Co.’s earnings for the latest quarter sailed passed expectations, boosted by a strong slate of movies such as “Incredibles 2” as the company moves toward closing its $71.3 billion deal to buy 21st Century Fox’s entertainment assets. Disney and other media companies are facing a shifting landscape as more TV watchers switch to […]

Tech News

Microsoft’s fiscal 1Q shines with help from new bright spots

Microsoft Corp.’s expansion beyond its empire in personal computer software paid off again in its fiscal first quarter as it mined new revenue sources in online subscriptions, gaming and its LinkedIn professional networking service. The Redmond, Washington, maker of Windows and Office software said Wednesday that it earned $8.8 billion during the three months ending […]

Tech News

Obama to companies: Engage govts to avoid the Facebook fate

Former U.S. President Barack Obama is urging private businesses to engage more with governments when developing new products and services, particularly in the technology sector, to avoid problems like those challenging Facebook. Obama told business leaders Thursday in Helsinki, the Finnish capital, that “you cannot separate the business environment from the political and social environment.” […]