Tag Archives: Challenging

Homebuilder KB Home (KBH) reported revenue and profits that missed estimates in the fourth quarter as its net orders plunged and the value of its backlog fell 25% against the same quarter last year. The Los Angeles-based homebuilder posted quarterly results that missed Wall Street expectations, with earnings per share coming at $2.47 against $2.86 expected by Bloomberg consensus. Revenue in the quarter totaled $1.94 billion in Q4, less than the $1.98 billion expected by analysts compiled by… Source link

This transcript was created using speech recognition software. While it has been reviewed by human transcribers, it may contain errors. Please review the episode audio before quoting from this transcript and email transcripts@nytimes.com with any questions. kevin roose Casey! casey newton Happy new year. kevin roose Happy new year. It’s so good to be back in the studio. How are you? casey newton I am great and I am extremely excited to be back making “Hard Fork.” kevin roose How was your break?

The PC correction and slow growth in the U.S. economy have been a one-two punch to computing giant HP Inc (HPQ). HP saw fiscal fourth-quarter sales fall 11.2% from a year ago, pushed lower by a 26% decline in the number of notebook computer units sold. Meanwhile, desktop unit sales fell 3% in the quarter and consumer printer unit sales fell 4% while commercial gained 5%. HP also revealed a new $1.4 billion cost-cutting plan that will see it shed 4,000 to 6,000 employees by fiscal year… Source link

A Yahoo logo is pictured in front of a building in Rolle, Switzerland December 12, 2012. REUTERS/Denis Balibouse SHANGHAI, Nov 2 (Reuters) – Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of the increasingly challenging business and legal environment”, the second Western tech brand to quit the country in recent weeks. The company stopped providing content for users in mainland China as of Nov. 1, according to a statement published on its… Source link

HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales for Yahoo. “In recognition of the increasingly challenging business and legal environment in China,… Source link

HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales for Yahoo. “In recognition of the increasingly challenging business and legal environment in China,… Source link

By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an “increasingly challenging business and legal environment.” Chinese authorities maintain a firm grip on internet censorship in the country and require companies operating in China to censor content and keywords deemed politically sensitive or inappropriate. “In recognition of the increasingly challenging business and legal environment in China,… Source link

By Josh Horwitz, Brenda Goh SHANGHAI (Reuters) – Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of the increasingly challenging business and legal environment”, the second Western tech brand to quit the country in recent weeks. FILE PHOTO: A Yahoo logo is pictured in front of a building in Rolle, Switzerland December 12, 2012. REUTERS/Denis Balibouse The company stopped providing content for users in mainland China as of Nov. 1,… Source link

The unpredictable Delta variant appears to be wreaking havoc on the financial modeling skills of the team covering Apple (AAPL) at Goldman Sachs.  “We believe growth in iPhone revenue in calendar fourth quarter will be challenging for Apple but we continue to flag a low level of confidence in our ability to predict demand given the complex interplay of issues like the Delta variant, supply shortages, the end of stimulus and high consumer savings,” conceded Goldman Sachs analyst Rod Hall in a… Source link

Yandex, Russia’s multi-hyphenate internet giant, began testing its autonomous cars on Moscow’s icy winter roads over three years ago. The goal was to create a “universal” self-driving vehicle that could safely maneuver around different cities across the globe. Now, Yandex says its trials have been a resounding success. The vehicles recently hit a major milestone by driving over 10 million kilometers (over six million miles) in autonomous mode, with the majority of the distance traveled in… Source link