LG Electronics has become the first major technology company to pull out of the 2020 Mobile World Congress over concerns about the coronavirus outbreak.
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Within minutes of the stock market’s open on Tuesday, shares of Tesla shot up 17%. Which feels extraordinary, except for the fact that they gained more the previous day.
Instagram, the photo-sharing app Facebook acquired for $715-million in 2012, generated more than a quarter of the social media company’s revenue last year, according to people familiar with the matter.
Huawei Technologies and ZTE on Monday asked US regulators to keep them off a list of companies deemed national security threats, a label that would bar them from selling gear to subsidised US carriers.
Alphabet reported quarterly revenue that missed analysts’ estimates on waning search advertising growth, while new sales numbers on YouTube also disappointed Wall Street.
Bernard Ebbers, the ousted CEO at WorldCom whose corporate malfeasance led to imprisonment, has died, the Associated Press reported. He was 78.
Cryptocurrencies briefly jumped amid chaotic trading in Asia after China’s stock markets reopened to steep losses following an extended holiday shutdown.
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.