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...Zoom’s shares leapt 15-fold from its initial public offering price the year before the pandemic after companies turned to its easy-to-use video meetings to keep their operations ticking over when offices...
...By contrast, for the second quarter of this year, it reported $326mn in pre-tax earnings from its operations, a turnaround from the operating loss of $713mn suffered a year before....
...The company’s gross profit margin from automotive operations, excluding the effect of regulatory credits, dropped to 18.2 per cent in the past three months....
...Tim Bajarin, consultant at Creative Strategies, said the headset’s launch should “cement Cook’s legacy” beyond operations....
...In a period of high inflation, this is treading water. But for EPL chief executive Richard Masters, this looks like a good result. Just look at how European rivals are faring....
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...A version of this article was first published on October 24 by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...Daan Knottenbelt, the head of the firm’s Benelux unit, has separately been named chair of its operations in the region. Smart reads One man’s trash . . ....
...National Intelligence Service (NIS) the video blogger, who invites viewers to learn more about the joys of her “magnificent” hometown of Pyongyang, is actually a tool of North Korea’s “psychological warfare” operations...
...“We’re still in the early days of tokenisation,” said Amarjit Singh, a partner at EY, but added that “it’s great to see firms dipping their toes in the water”....
...According to former employees, Musk has been concerned about possible sabotage of Twitter’s operations since completing his divisive acquisition of the site....
...Democratic congresswoman Maxine Waters, who serves on the House financial services committee, wasn’t best pleased since there are still no federal rules on stablecoins....
...Musk took an uncharacteristically low-key role at the investor event, leaving it to executives in charge of many of Tesla’s operations to lay out in detail how they had improved efficiency and brought down...
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...Brookfield has offered to pay $4.3bn for AEL in cash and some shares in its recently spun off asset management operation. It could face competition if another private equity firm makes a run at AEL....
...Chief executive Satya Nadella warned earlier this year Microsoft’s cloud operations were likely to go through a year of sluggish growth as customers tried to “optimise” their cloud contracts, a euphemism...
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