Recent Posts

Amazon’s first quarter brings another record profit

Amazon’s isn’t growing as fast is it used to, but it’s profiting a lot more than before. For its first quarter, Amazon reported on Thursday a fourth straight record profit, reaching $3.6 billion, or $7.09 a share, and trouncing analysts’ estimates of $4.72 a share while soaring past its year-earlier income of $1.6 billion, or $3.27 a share. Revenue rose …

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Facebook F8: Messenger, VR, privacy and everything else we expect

Facebook CEO and co-founder Mark Zuckerberg uses the F8 developer conference to talk about the future of his social network. This time around, he’ll likely address its current problems. Zuckerberg shares big, hopeful messages. Facebook’s mission, he says, is “to give people the power to build community and bring the world closer together.” Devices, like its Oculus line of virtual …

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