China’s Internet sector wrapped up the third quarter earnings season with its slowest growth on record.
Browsing: World
The US government is reportedly contacting key allies to get them to persuade telecommunications companies in their countries to avoid using equipment from China’s Huawei Technologies.
Simplicity is supposed to be a selling point for Apple’s iPhone. It may be a problem at the US supreme court.
The US on Tuesday accused China of continuing a state-backed campaign of intellectual property and technology theft even as the world’s two largest economies have descended into a tit-for-tat tariff war.
Facebook chief operating officer Sheryl Sandberg has come under fire for her handling of company disclosures about Russia’s election influence. CEO Mark Zuckerberg came to her defence on Tuesday.
Microsoft is faring better than its more celebrated peers as losses pile up for technology stocks.
Foxconn Technology Group, the biggest assembler of Apple iPhones, aims to cut $2.9-billion from expenses in 2019 as it faces “a very difficult and competitive year”, according to an internal company memo.
Tech stocks are having another rough day with chip makers extending a three-session slide and many of the biggest tech and Internet names adding to Monday’s losses.
Apple shares dropped close to bear market territory on Monday on concern consumers are no longer clamouring for its cornerstone product, the iPhone.
Is the rout ripping through technology stocks just another garden variety correction? In the long sweep of history, yes. But compared only to selloffs since the bull market began, it’s starting to get extreme.