Cryptocurrencies briefly jumped amid chaotic trading in Asia after China’s stock markets reopened to steep losses following an extended holiday shutdown.
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In July 2017, IBM executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future.
Apple is temporarily closing its 42 shops in mainland China, one of its largest markets, amid the rapid spread of coronavirus.
Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period, holding the stock back while shares of rivals including Microsoft, Google and Apple all rallied. That abruptly changed on Thursday.
IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.
Two defunct satellites, racing across the sky at around 53 000km/h, narrowly missed smashing into each other on Thursday. They may have come within 47m of each other at their closest approach.
While 2019 started off with expectations of Huawei challenging Samsung for the title of world’s most prolific smartphone vendor, it’s the more familiar foe of Apple that’s now threatening the South Korean titan’s throne.
Facebook’s growth is slowing, adding pressure to a company facing more restrictive privacy regulations and continued scrutiny from global lawmakers and antitrust officials.
Samsung Electronics’ earnings report and outlook reflect doom and gloom. Many are surprised. Positive signs from chip rival TSMC and smartphone stalwart Apple had fed the belief that it would put the worst behind it.
Boris Johnson insisted the decision to allow Huawei to play a limited role in the UK’s 5G infrastructure would not “imperil our relationship” with the US as he faced a backlash from Tory MPs and US Republicans.