Page 22 - Michael Vi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PayPal added 14.5 million new active accounts in Q1 on May 6, 2021, 13:58 The big picture: PayPal has reported its strongest first quarter in company history as the e-commerce boom continues to pay dividends for the online payments specialist. Best yet, the firm believes the pandemic-fueled shift in consumer spending behavior is here to stay. For the three-month period ending March 31, 2021, PayPal generated revenue of $6.03 billion, an increase of 29 percent year over year. Net income, meanwhile, reached $1.1 billion with earnings per share of $0.92. PayPal said it adde...

A landmark decision for the future of software interoperability on April 5, 2021, 12:59 8 comments In brief: The Supreme Court of the United States has sided with Google in its long-running legal battle with Oracle over the use of Java APIs in Android. The two sides have traded jabs in lower courts over the past decade before the matter made its way to the Supreme Court. At one point, Oracle was seeking more than $9 billion in damages from Google. Oracle, if you recall, filed suit against Google in August 2010, alleging its Android mobile operating system...

Published: Mar 05, 2021 By Mark Terry Michael Vi/Shutterstock The U.S. Food and Drug Administration (FDA)approvedGenentech’s Actemra (tocilizumab) for slowing the rate of decline in pulmonary function in adults with systemic sclerosis-associated interstitial lung disease (SSc-ILD). It is the first biologic approved by the FDA for this indication. Systemic sclerosis (SSc) is also called scleroderma. It is an autoimmune disease that progressively worsens. There is no cure. It is caused by the immune system malfunctioning, causing skin and lung tissues to thicken and harden. It affect...

Published: Feb 04, 2021 By Brandon May Michael Vi / Shutterstock Amgen is in the process of eliminating hundreds of U.S. jobs, the majority of which are centered on the company’s sales team, according to a recent sales call. The California-based company indicates these layoffs will enable Amgen to make investments in other opportunities, such as new product launches and R&D operations. In an announcement of the company’s fourth-quarter and full-year 2020 financial results, Amgen reported a 9% growth in sales of $25.4 billion. Volume growth primarily contributed to these gains, but...

The record stock market run is great news for BlackRock: The owner of the super popular iShares family of exchange-traded funds reported earnings and revenue for the fourth quarter Thursday that easily topped forecasts.