Oracle's forecast miss overshadows cloud growth, shares fall
REUTERS: Oracle Corp's forecast for current-quarter profit missed analysts' expectations on Tuesday, hurt by a strengthening U.S. dollar, dampening its fourth-quarter earnings beat that was powered by growth in its cloud business.
Shares of the business software maker, which rose as much as 3.7 ...
BEIJING: The Chinese contractor of the controversial East Coast Rail Link (ECRL) is still hopeful of rescuing the project and has expressed its willingness to take up an equity stake in the ECRL if the project resumes, according to its management when met by Malaysian media in China on Saturday during a trip organised by the Chinese government.
“In the Mombasa-Nairobi SGR (Standard Gauge Railway) project, we successfully switched roles from a contractor to a railway operator. We can have further discussions for the ECRL.
GUEST: Earlier this week, the Winklevoss twins announced a new currency built on the Ethereum blockchain that can be used for low cost cross-border transactions, all backed by the U.S. dollar. To date the Winklevoss twins have made the news for their efforts to bring cryptocurrencies into the mainstream. The twins, who founded Gemini, one of […]