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Awais Khan
Joined on: Nov 30, -0001 Published stories: 255

Articles By Awais Khan

Eskinder Nega honoured with PEN Award

If you are not aware of who Eskinder Nega is, you are not alone. The said individual is a prominent Ethiopian journalist who covered the developing human rights violations in his native country. Ironically, he is now held in contempt of the same crime he set off to raise his voice against. Nega’s trial will […]

Facebook’s IPO show to hit the road on May 7: source

(Reuters) – The roadshow for Facebook Inc’s initial public offering is scheduled to start on Monday, meaning the company’s shares should begin trading on May 18, a source familiar with the process said on Tuesday.   Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook’s closely watched journey to public […]

Motorola CEO pay package rose to $47 million in 2011

(Reuters) – Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million in 2011, almost four times his 2010 pay, according to a regulatory filing.   The cellphone maker, which agreed to be bought by Google Inc for $12.5 billion, said on Friday that the rise was […]

Google engineer talked of personal data plan: FCC

(Reuters) – A Google Inc engineer who wrote a computer program capable of collecting personal data from people’s home wireless networks, told at least two other Google employees about it, although the company asserted it did not know, a U.S. government report showed. The fact was revealed in a Federal Communications Commission’s investigation, but had […]

Apple, Google could join Dow index: Barron’s

(Reuters) – The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron’s said on Sunday. The business weekly said the Dow has no timetable, but a new company […]

Amazon soars as digital sales boost margins

(Reuters) – Amazon.com Inc’s stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company. Shares in Amazon leapt 15 percent on Friday after it reported first-quarterearnings and margins well above investors’ most bullish […]

Amazon’s streak of Fire ignites shares

(Reuters) – Amazon.com Inc’s quarterly results beat Wall Street’s most bullish expectations as heavy spending by the world’s largest Internet retailer began to pay off through sales of more digital products on its new Kindle Fire tablet. Amazon shares surged almost 15 percent, increasing the company’s market value by more than $10 billion and boosting […]

Apple’s growth hinges on China, new devices

(Reuters) – Sometimes even eye-popping results are not enough. Apple Inc’s shares rallied on Wednesday on the back of another spectacular quarter that included soaring iPhone sales in China, but the naysayers are still asking if the most valuable American company might need yet another revolutionary product in the next year to sustain its sizzling growth. […]

Apple crushes Street targets, dispels iPhone fears

(Reuters) – Apple Inc’s quarterly results beat Wall Street estimates on stronger-than-expected demand for the iPhone, especially in the greater China region where sales jumped five-fold. While iPad sales were a little lighter than expected, the overall results sent the stock up 7 percent, recouping some losses from the past two weeks that had stemmed from concerns about weakening […]

Google to launch online storage service for consumers: source

(Reuters) – Google Inc is preparing to roll out a service to let consumers store photos and other content online, a source familiar with the matter said, pushing into a market now dominated by the likes of Dropbox and Box. The service, to be called Google Drive, could be announced as soon as Tuesday and […]

Analysis: Apple results loom large for tech – and the market

(Reuters) – When Apple’s shares fall, is Wall Street’s entire performance at risk? The outsize influence of Apple on both the technology sector and the entire stock market was thrown into sharp relief when the iPad maker’s shares fell 4.1 percent on Monday. The alpha male of the stock market, Apple accounts for a third of the […]

Apple investors brace for more turbulence

(Reuters) – Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble territory and was […]

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