PayPal Reports Rise in Profits, Weak Transaction Volumes

Payment processor PayPal Holdings Inc, spun off from eBay Inc reported quarterly revenue slightly below analysts’ expectations as a strong dollar hurt its transaction volumes in China and Europe. Shares of PayPal, which listed for the second time on the Nasdaq in July, fell 5.6 percent in extended trading on Wednesday. PayPal’s third-quarter revenue rose […]

Global Smartphone Sales Pick Up on Fierce Competition

Global smartphone sales gained in the third quarter as major vendors ramped up special deals and financing to attract buyers, a survey showed Wednesday. A survey by IDC showed global smartphone sales of 355.2 million in the July-September period, up 6.8 percent from a year ago and the second highest quarterly total on record. Samsung […]

Oppo Neo 7 With 4G Support, 8-Megapixel Camera Launched

Oppo has launched its newly unveiled Neo 7 smartphone in India, priced at Rs. 9,990. It will be available in Black and White colour variants. Running Android 5.1 Lollipop with the company’s custom ColorOS 2.1 skin on top, the Oppo Neo 7features a 5-inch qHD (540×960 pixels) TFT display. The smartphone is powered by a […]

Oracle Unveils Sparc M7 Processor for Better Security, Efficiency

Not just being a leader in providing integrated cloud platforms and new-age Java, global software major Oracle has launched what is described as the world’s first microprocessor with enhanced security and better efficiency while running databases. At the OpenWorld 2015 conference here, Oracle introduced Sparc M7 processor which incorporates unique hard-wired security and performance functions […]

Tokyo Motor Show Kicks Off With a Spotlight on Self-Driving Cars

Self-driving cars, the latest fuel-cell technology and a concept vehicle with tablet-style touch screens aimed at the digital generation were among the innovations on display at the Tokyo Motor Show Wednesday. Nissan unveiled an autonomous electric vehicle that it said would “revolutionise the relationship between car and driver, and future mobility”, while Volkswagen shifted into […]