Data management vendor Veeam passed US$1 billion in annual bookings on 15 May, its co-founder and executive vice-president of sales and marketing, Ratmir Timashev, has announced.

Food delivery service Deliveroo supports the generation of $452 million in revenue in the Australian economy, of which $313 million is extra revenue within the restaurant sector, according to a newly published report.

In what is clearly a bid to rile its US detractors, Chinese telecommunications equipment giant Huawei Technologies has announced results for the first quarter — something it has never done — showing a revenue increase of 39% year-on-year.