Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway shareholders over the weekend was a sobering fact: finding the next big thing is hard. The Berkshire CEO spoke at length Saturday about his failure
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Incensed over Apple’s decision to stop paying it billions of dollars in licensing fees for smartphone chips, Qualcomm plans to retaliate by asking a US trade agency to ban the imports of iPhones, according to a person familiar with
Tesla assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the car maker, led by Elon Musk, is burning through more cash to bring the
Apple reported falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of the flagship device if the company is to fend off rivals like Samsung Electronics. Investor confidence has been mounting ahead
Sony shares jumped to their highest since May 2015 after a bullish earnings report triggered analyst predictions that the electronics maker could achieve record profit this year. The Tokyo-based company rose
IBM’s compensation plan for top executives drew record shareholder opposition after the board boosted CEOGinni Rometty’s pay package more than 60% last year. About 46% of the votes cast at the 25 April annual meeting in
Satya Nadella’s plan to reshape Microsoft as a cloud computing company hit a snag in the third quarter, when lacklustre sales of Surface tablets and weaker demand for corporate software support services kept revenue growth in check. Adjusted sales
After struggling for years to wring profit from the mobile boom, Google is benefiting from a surge in clicks on ads on smartphones. Capitalising on consumers’ shift toward handsets and away from
Ride-hailing giant Didi Chuxing raised more than $5,5bn from investors, scoring the single largest round of funding on record to bankroll an expansion beyond China and into driver-less technology. Didi disclosed the financing in an
Twitter’s road to a turnaround looks like it isn’t quite as rough as expected. The company reported a decline in quarterly revenue for the first time since it went public in 2013, but sales, at $548m, were higher