Facebook CEO Mark Zuckerberg has defended the social network as he marked its 15th birthday, accusing some in government, business and the media of overly criticising the platform for “empowering people”.
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Google has its fingers in every conceivable corner of industry, and then some. But investors can look past the mysteries and the spending splurges as long as the ad business keeps running.
Digital-asset exchange Quadriga CX has a $200-million problem with no obvious solution – just the latest cautionary tale in the unregulated world of cryptocurrencies.
Google parent Alphabet reported thinner profit margins as the Internet giant spent heavily to expand its cloud and YouTube businesses. The company’s shares slipped in late trading.
Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.
Sony reported weaker profits in the PlayStation business and cut its revenue forecast for the year, triggering the steepest share decline in two and a half years.
Facebook marks its 15th birthday on Monday, having expanded from a dormitory room hobby project to a network of more than two billion people at the heart of the online data privacy debate.
The chairman of Huawei says the company would “never do anything to harm any country, any organisation or any individual”, according to an interview in The Globe and Mail published on Saturday.
Apple temporarily pulled important app-development tools from Google after the iPhone maker decided the Internet giant broke its rules, according to people familiar with the matter.
Amazon reported a rise in revenue and profits for the last quarter, as the tech giant published its latest set of financial results.