Meta Platforms reported better-than-expected sales during the holiday quarter, fuelled by strong demand for advertising.
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Bitcoin hit the highest since August on a sign from the US Federal Reserve that a less harsh monetary policy backdrop lies ahead.
Analysts said the Galaxy S23 smartphone series could still face weak demand as consumers spend less in a struggling global economy.
Deutsche Telekom, Orange, Telefónica and Vodafone’s plan to take on Big Tech with their own advertising joint venture is set to win unconditional EU antitrust approval.
Intel has made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast.
The Biden administration has stopped approving licences for US companies to export most items to China’s Huawei, three sources said.
Analysts are betting that AMD will be one of the few semiconductor companies that grows in 2023, even as talk of a downturn in the chip sector dominates the headlines.
Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin.
Samsung Electronics, the world’s biggest smartphone maker, expects the smartphone market to contract in 2023.
China’s smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade.