Finance News

JD.Com Poaches Cloud Executive From Microsoft

JD.Com Poaches Cloud Executive From Microsoft

JD.com has poached Samuel Shen, a high-ranking cloud computing executive from Microsoft as the Chinese online retailer seeks to grow its cloud computing business. Shen has worked at Microsoft for over two decades and his last position was as a general manager for Microsoft’s enterprise and cloud business in China. […]

Amazon Gets Approval To Test Delivery Drones (NASDAQ:AMZN)

Amazon Gets Approval To Test Delivery Drones (NASDAQ:AMZN)

The Federal Aviation Administration has given Amazon approval to begin testing its plan for its Prime Air service, which will use drones to deliver products sold by the company to homes and businesses. The FAA told the company in a letter this week that Amazon can now test its current […]

AT&T Misses on Revenue As Phones Kept Longer by Customers

AT&T Misses on Revenue As Phones Kept Longer by Customers

AT&T Inc.’s revenue for the quarter came up short of estimates on Wall Street because of lower sales of equipment as customers kept their handsets longer and other wireless carriers offered promotions for unlimited data plans, said the No. 2 wireless carrier in the U.S. on Tuesday. AT&T said it […]