Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple and Samsung Electronics. After including Vivo, Chinese vendors held the top
Author: Agency Staff
Alphabet has warned investors about a slew of new competitors, highlighting the company’s broad expansion beyond its original Google search business. It named rivals including Apple, Netflix and Hulu, while highlighting risks from
GoPro tumbled as much as 14% after giving a disappointing outlook for sales this quarter, missing analysts’ estimates and reflecting slow demand for its action cameras and the delayed launch of a new
South Africa’s central bank has recommended rejecting a bid to buy Habib Overseas Bank’s local unit because of concerns about the source of the two businessmen’s income and tax declarations
Costly delays, growing complexity and new safety requirements in the wake of the triple meltdown at Fukushima are conspiring to thwart a new age of nuclear reactor construction. So-called generation III+ reactors were supposed to have simpler
Snap makes no secret of the fact that compulsive millennial users are its most valuable asset. Their fickle tendencies may also be its biggest risk. At least, that how it looks in the prospectus for the company’s initial public
Uber Technologies CEO Travis Kalanick is stepping down from US President Donald Trump’s business advisory council after criticism from customers and drivers. Kalanick’s participation on the council, along with more than a dozen other US
Facebook’s fourth quarter revenue climbed more than forecast, driven by advertisers’ continued push to reach consumers on mobile phones. The world’s largest social media company said sales jumped 51% to US$8,8bn, topping
The newly named chief of Japanese retailer Rakuten’s messaging app Viber plans to quickly introduce new products to better compete with Facebook’s WhatsApp and Messenger as the market faces increasing regulation in the
The virtual reality headset maker that Facebook bought in 2014 for US$2bn used stolen computer code, a jury said in awarding $500m to ZeniMax Media. The case was over the Oculus Rift, the device that has put the social media