Expectations

Revenue in the recently ended quarter ebbed a percent to $28.8 billion when compared to the same period a year ago, missing market expectations, Meta said. It was the first such slip for the company since the firm, then known simply as Facebook, went public in 2012.…

When she was recruited to play the Bond Woman known as Solitaire in Live and Let Die, Jane Seymour had no idea what to expect from the process. Helping usher in a new chapter of James Bond movies, Seymour starred against then-new 007 Roger Moore, and she went on to become one of the most memorable female characters in the saga. If she were given the chance, Jane Seymour would actually love to return to the role of Solitaire, though she has some reasonable expectations as to how and why.  Coincidentally, Seymour is…

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand.The US technology giant reported profit of $16.7 billion (roughly Rs. 1,33,400 crore) on revenue of $51.9 billion (roughly Rs. 4,14,550 crore), topping the same quarter a year earlier but missing market forecasts.The earnings stumble was due mostly to foreign exchange rates and shutdowns of personal computer factories in China, Wedbush…

Chinese smartphone maker Xiaomi on Tuesday reported a smaller than expected 8.2 percent rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo.Sales rose to CNY 78.06 billion (roughly Rs. 90,910 crore) in the three months to September 30. Analysts had expected CNY 79.20 billion (roughly Rs. 92,300 crore), Refinitiv data shows.Profit slumped 84 percent to CNY 788.6 million (roughly Rs. 920 crore), which Xiaomi attributed to changes in the valuation of companies in its investment…

Tesla released its 2022 Q2 earnings Wednesday and the results are mixed: Elon Musk’s electric vehicle maker reported $2.3 billion in second-quarter profit, down from a record $3.3 billion in the first quarter of 2022. That’s the company’s first sequential decline in profits in over a year.The EV company also reported quarterly revenues of $16.9 billion, down more than 10% from $18.8 billion in the first quarter, as a combination of inflation and increased competition in the EV space made margins shrink.Tesla also…

For the past week, Hotstar has been making waves for the unexpected early arrival of its parent company's new streaming service — Disney+ — in India. That's now on hold, but it comes with the promise of many new originals from Star Wars and the Marvel Cinematic Universe. Amidst all this though, you could be forgiven for forgetting that Hotstar has its own local originals as well — called “Hotstar Specials” — which failed to make waves because of the quality, or lack thereof, of the six series released last year.That trend…

China's Lenovo Group, the world's biggest maker of personal computers, on Wednesday posted a better-than-expected jump in first-quarter profit as COVID-19 curbs continued to spur work-from-home demand.Shares in the company rose by as much as 9.7 percent after its results, and were on course for their biggest daily percentage gain since March 30.Profit for the quarter ended June 30 rose 119 percent to $466 million (roughly Rs. 3.470 crores), versus $213 million (roughly Rs. 1,590 crores) in the same quarter last year, and…

Intel’s tempering expectations for its upcoming Arc A750 Limited Edition GPU. In a new video that’s just three minutes long, the chipmaker gives us the briefest of glimpses at the card’s pretty average on-paper performance. Before we dive in, it’s important to note that the A750 is supposed to be one of Intel’s top-of-the-line GPUs, as indicated by the “7” at the front of its name. Intel’s naming conventions have the Arc 5 and Arc 3 sitting below the Arc 7, which are supposed to offer midrange and entry-level…

Managing Expectations opens with the young Minnie Driver leaning out of her mother’s car window and screaming: “Help me, I am being abducted!” It is Sunday night and, after spending the weekend at home, she is being returned to her Hampshire boarding school. “We live three miles from the school. It makes no sense,” she says.Read with verve and humour by Driver, the book comprises a series of essays on the pivotal moments in her life. These include the time her father sent her home from Barbados, aged 11, as a punishment…

Elon Musk, who is known to hype Tesla’s Full Self-Driving (FSD) Beta software updates with adjectives like “fire” and “mind-blowing,” surprises by actually managing expectations on Tesla’s upcoming v11 FSD Beta software update. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to take control at all times. Since the responsibility lies with the driver and not Tesla’s system, it is still considered a level…