Apple said a global chip shortage that has bitten into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower.
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US President Joe Biden on Tuesday warned that if the US ended up in a “real shooting war” with a “major power”, it could be the result of a significant cyberattack on the country.
A continuing recovery in bitcoin has put the largest cryptocurrency on course for its longest winning streak this year.
Apple and Google have each managed to make copious sets of obscene amounts of money in any environment — pandemic or not. But the paths for the two technology behemoths may start to diverge later this year.
Sony’s PlayStation 5 gaming console has sold more than 10 million units since its launch in November, outstripping sales of its predecessor even as the Japanese firm grapples with a global chip shortage.
Mastercard is looking to make it easier for consumers to buy, spend and hold cryptocurrencies.
Tencent’s WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade “to align with relevant laws and regulations”.
China’s leadership perceives the same set of problems as the West when it comes to Big Tech. But it’s willing to go a lot further to rein in the clout of its tech giants. Investors should be afraid.
Facebook is creating a product team to work on the “metaverse”, a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said.
Computer peripherals maker Logitech said on Tuesday it was seeing no let-up in demand from stay-at-home workers, after reporting higher operating income and sales at the start of its 2022 business year.