Zoom Video Communications projected sales and profit for the current quarter that topped Wall Street’s estimates.
Browsing: Investment
Technology entrepreneur Michael Dell once again finds himself at the centre of one of his industry’s biggest deals.
Tencent CEO Pony Ma shared a viral opinion piece slamming China’s weakening economy under stringent Covid Zero measures.
Naspers-controlled technology investor Prosus has decided to exit its shareholding in Russian classifieds business Avito.
Chinese tech stocks tumbled as weak corporate earnings coupled with a dimming global growth outlook intensified selling.
Tencent’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the Internet behemoth.
Chinese gaming and social media giant Tencent Holdings reported flat growth in first quarter revenue, its worst-ever such performance.
SpaceX employees are offering to sell shares via a private placement that would value the firm at $125-billion, sources said.
A selloff in technology stocks is spreading from more speculative shares to the world’s biggest companies.
With Amazon.com down 33% this year and Meta Platforms tumbling over 40%, you might expect the carnage in Big Tech is nearly over. You would probably be wrong.