Kirsten Korosec

Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash flow positive in the third quarter — a first — […]

Lime touts a 2020 turnaround and 2021 profitability

This entry was posted in Fundings & Exits Mobile Startups Transportation Uber on by
Twitter continued to see its total traffic rise in the third quarter, thanks to that trifecta of returning sports, the presidential campaign and the COVID-19 pandemic. But there wasn’t nearly enough growth to appease Wall Street.  Twitter beat out analyst expectations on revenue and net income; However, Wall Street was stuck on Twitter’s user user […]

Twitter revenue rises 14%, but user growth fails to impress

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Verizon said Thursday it will boost investment in network infrastructure, increasing its capital guidance by $500 million, to prepare for the rise in telecommuting and online learning amid the coronavirus outbreak. Verizon has not seen any measurable increases in data usage even as some business, schools and other organizations are asking its employees to work […]

Verizon increases network infrastructure investment by $500M

This entry was posted in 5g broadband Mobile Telecommuting on by
The Global Positioning System time epoch is ending and another one is beginning, an event that could affect your devices or any equipment or legacy system that relies on GPS for time and location. Most clocks obtain their time from Coordinated Universal Time (UTC). But the atomic clocks on satellites are set to GPS time. The […]

GPS Rollover is today. Here’s why devices might get wacky

This entry was posted in Gadgets Global Positioning System hardware TC on by
Citi Research has joined a growing list of analysts to lower first-quarter production estimates for Apple’s iPhones amid weakening demand for the smartphones. Citi Research analyst William Yang cut the overall iPhone shipment forecast by 5 million, to 45 million for the quarter, reported Reuters. That’s a sting that falls in line with others such […]

Citi slashes sales outlook for iPhone XS Max by nearly ...

This entry was posted in apple inc hardware iOS Mobile TC and tagged iphone on by