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Thursday, April 26, 2018

Amazon.com contimues its succesfull moves in retail and cloud computing, as the company reported a surge in first-quarter sales and profit.

Intel reported record first-quarter revenue on strength of its data-centric businesses, which accounted for 49 percent of first-quarter revenue.

Microsoft reported better than expected quarterly profit as more businesses turn to Azure cloud computing services and Office 365 productivity suite.

Former AMD Chip architect Jim Keller has joined Intel and has become the senior vice president of the company's silicon engineering, which encompasses system-on-chip (SoC) development and integration.

Smartphone brands are expected to increase their adoption of under-display fingerprint sensors, which allow phones to have full-screen displays with an invisible fingerprint feature, according to IHS.

The European Union is adding pressure to tech giants such as Facebook and Google in order to step up their efforts to tackle the spread of fake news online, and also announced rules for companies like Google, Apple and Amazon governing their commercial relations with smaller businesses.

Smartphone shipments in China suffered their biggest ever decline in Q1 2018, down by more than 21% annually to 91 million units, a number first passed some four years ago in Q4 2013.

Nintendo said on Thursday it expects operating profit to rise 26.7 percent in the year through March, as its Switch games console maintains sales momentum in its second year.

LG Electronics Inc. said Thursday its first-quarter operating profit moved up 20.2 percent on-year helped by sales of premium home appliances, although its handset sales remained weak.

Samsung Electronics said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for memory used in servers.

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