Reuters Technology News
Google parent Alphabet's profit up 29 percent on strong ad sales
(Reuters) - Google parent Alphabet Inc posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact.

Amazon's results beat estimates, lifted by cloud unit; shares hit high
(Reuters) - Amazon.com Inc on Thursday said revenue from its cloud business, advertising and subscription services rose in the first quarter, helping it beat profit expectations and sending its shares to an all-time high in extended trading.

Microsoft Surface sales sink, shares dip
(Reuters) - Microsoft Corp slightly missed Wall Street's average revenue estimate for the latest quarter on Thursday, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market.

Uber's Levandowski to step aside for duration of Waymo litigation
(Reuters) - Uber Technologies Inc [UBER.UL] said the head of its self-driving vehicles unit, Anthony Levandowski, will step aside from his role for the remainder of the company's litigation with Waymo, the self-driving car division of Alphabet Inc .

Singapore's automation incentives draw tech firms, boost economy
SINGAPORE (Reuters) - Foreign precision engineering firms are investing more in Singapore, drawn by strong semiconductor demand and government incentives aimed at re-tooling an economy short of skilled labor.

Intel's revenue misses estimates as data center growth slows
(Reuters) - Intel Corp reported lower-than-expected quarterly revenue due to an unexpected slowdown in growth at its data center business, on which the world's largest chipmaker is banking to reduce its reliance on the personal computer market.

GoPro reports smaller-than-expected quarterly loss
(Reuters) - Wearable device maker GoPro Inc reported a smaller-than-expected quarterly loss on Thursday, helped by strong sales of its flagship cameras and Karma drones.

Britain's M&S to trial online grocery service

Apple in talks to launch money-transfer service: Recode

Alphabet CEO touts results of corporate restructuring