A consortium led by China’s Tencent has agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi after months of talks.
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Huawei Technologies will overhaul its management ranks after revenue growth slowed in the latter half of 2019, when US sanctions spooked customers and suppliers around the globe.
Over the past 10 years, Netflix Inc. has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street.
Apple is likely to continue outperforming its mega-cap tech peers next year, according to Loup Ventures, which wrote that the iPhone maker could chase its 80%-plus rally in 2019 with another 20% gain in 2020.
Apple shares rose on Thursday, hitting their latest in a series of record highs as the iPhone maker remained on track for its best annual performance in a decade.
The video entertainment industry’s struggle to adapt to the new terminology sparked a merger mania that has rapidly condensed the market for pay-television services into the hands of a powerful few.
Uber Technologies co-founder and former CEO Travis Kalanick is stepping down from the board to focus on his new business and philanthropic endeavours.
China’s ByteDance created one of the country’s rare global hits with the addictive video app TikTok. Now the US government is threatening that success as officials in Washington warn the service presents a security threat.
Sony is working around the clock to manufacture its in-demand image sensors, but even a 24-hour operation hasn’t been enough.
Samsung is investing heavily in the next step in miniaturising semiconductors, a process called extreme ultraviolet lithography. It’s by far the priciest manufacturing upgrade Samsung has ever attempted.