Apple shares tumbled on Friday amid concerns that growth in its powerhouse product, the iPhone, is slowing.
Author: Agency Staff
On the same day the world’s largest company issues its biggest disappointment in years, US President Donald Trump, does an about-face on China.
Apple’s decision to stop reporting how many iPhones it sells landed with a thud. Many analysts complained it was an attempt to hide the pain of a stagnant smartphone market.
There’s “clear evidence” that male rats exposed to high levels of radio frequency radiation used in mobile phones developed cancerous heart tumours, according to final reports by the US National Toxicology Program.
South African mining veteran Brian Menell wants to build a battery material giant to help challenge China’s domination of the nascent industry.
The cryptocurrency industry is plagued by scandal. Stock exchange operator Nasdaq says it can solve the problem.
Naspers soared the most in close on four years Wednesday as investors got two pieces of good news.
Samsung Electronics has posted quarterly profit that topped analyst estimates on growth in its memory chip business, but signalled caution in semiconductors by announcing a cut in capital spending for the year.
Facebook CEO Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories”, not the company’s famous news feed. Investors are buying into the vision for now.
It wasn’t a dream or an exaggeration by cautious Facebook executives. The company’s financial results are weakening, just as executives warned they would a few months ago.