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Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com shares tumbled in late trading on Thursday.
Nokia only really has two competitors in the telecommunications equipment business, and one of them has been all but banned from much of the market. Pretty ripe conditions for a thriving business? Not for Nokia.
Microsoft rose on Thursday as first quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm”.
Booming cloud business and Office products helped Microsoft deliver healthy quarterly financial results, while Xbox and Surface slowed down, the company has reported in its latest results.
Mark Zuckerberg has indicated he is willing for Facebook to pull out of the libra digital currency if other founding members decide to press ahead without US approval.
Tencent’s accelerating sell-off could get a lot worse if the stock fails to hold above its key support level.
Naspers affiliate Tencent’s shares are dangerously close to losing a key support level.
In a remarkable fall from grace, the office-sharing company that Adam Neumann co-founded in 2010, the one he promised would elevate the world’s consciousness, is no longer his.
Huawei’s lobbying spending spiked in the third quarter as it hired a fundraiser for President Donald Trump with deep ties to Republican leadership to help it fight back against the administration’s blacklisting.