Amazon.com Announces Third Quarter Sales up 34% to $43.7 Billion

SEATTLE--(BUSINESS WIRE)--Oct. 26, 2017-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2017. Operating cash flow increased 14% to $17.1 billion for the trailing twelve months, compared with $15.0 billion for the trailing twelve months ended September 30, 2016. Free cash flow decreased to $8.1 billion for the …

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Google resolved its service disruption issue with G-Drive.

Today, Google says it's service disruption issue resolved. Some of Alphabet Inc's Google services including, Admin Console, Calendar and Hangouts, suffered some service disruption on Thursday, but the outages have now been resolved, according to Google service status page. The status page also said that "the problem with Google Drive should be resolved." Earlier on …

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Samsung Electronics forecasts record breaking profit in Q2.

Samsung Electronics has posted its biggest ever quarterly profit thanks to surging global demand for memory chips. The Korean tech giant estimates it raked in an operating profit of 14 trillion won ($12.11 billion) for the quarter ending in June. The performance would mark a new watershed for the company, and beats a 13.1 trillion won average …

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Microsoft added Aadhaar integration in Skype Lite app.

Microsoft is adding Aadhaar integration to Skype Lite to bring identity verification features to the service. To confirm identity, users need to click the ‘Verify Aadhaar identity’ and then enter their 12-digit Aadhaar number and then authenticate it via a one-time password that will be sent via SMS. Once the identity is verified, users can …

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Google spun out a new geothermal heating and cooling company.

Google Inc. has spun out a new geothermal heating and cooling company called Dandelion. Dandelion comes from a previously undisclosed project at X that began two years ago. It'll be run as a separate company outside the Alphabet umbrella and has raised $2 million in funding. Dandelion claims it can affordably drill and install geothermal systems to …

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Symantec Corp. to buy Israeli cybersecurity firm Fireglass.

Symantec Corp. is acquiring Israeli cybersecurity startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats. Fireglass specializes in an area of security called "browser isolation," a technology that creates virtual websites allowing users to browse any content without having viruses …

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