With the consumer economy in tatters and gadget sales plummeting, Samsung’s smartphone division threatened to undermine the strength it found in shipping memory chips used in servers
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Google and Facebook took particularly sharp jabs for alleged abuse of their market power from politicians on Wednesday in a much-anticipated hearing that put four of the US’s most prominent tech CEOs in the hot seat.
Huawei Technologies overtook Samsung Electronics in global smartphone shipments in the second quarter after Chinese consumer spending bounced back from a Covid-19 trough, according to Canalys.
At Wednesday’s antitrust hearing, Facebook CEO Mark Zuckerberg is set to tell the US congress his company is an American success story crucial in winning an Internet arms race against China. TikTok’s CEO is already striking back.
Google and Samsung Electronics are negotiating a major deal that would give Google products more prominence on the South Korean company’s smartphones.
Spotify said on Wednesday that music streaming demand had rebounded from the coronavirus-related weakness it saw at the start of the quarter and its paid subscribers reached 138 million.
CES, the biggest global technology and gadget show, held every January in Las Vegas, will be online only in 2021 due to concerns over the coronavirus pandemic.
Apple’s newest services have yet to generate meaningful revenue, making it harder for the largest technology company to expand beyond the iPhone and other hardware.
Google will build a new subsea cable linking the US, the UK and Spain, further entrenching the technology giant’s role in global Internet infrastructure.
Tencent proposed on Monday to buy all of the shares it doesn’t already own in Chinese search engine Sogou, taking the company private and delisting its shares from the New York Stock Exchange.