Facebook still has its friends on Wall Street. While some investors have voiced concern in recent months over the social media giant’s ability to withstand competition from rivals and continue to grow
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Twitter was sued by a shareholder over claims it misled investors on key growth metrics, including user count and user engagement, almost two years after touting plans to top 500m users. The suit, filed on Friday in federal court
The frayed scrap of paper taped to the sidewalk outside Apple’s flagship store in San Francisco’s Union Square had a simple message: US$5 for photographs. The sight of Apple fans clamouring to get the latest phone was replaced on
Apple’s third-quarter rally is unwelcome news to the unusually large swath of investors who have been giving up on the stock. Shares of the iPhone maker have jumped 21% this quarter, trouncing the S&P 500 Index. At the same time, the number
The PlayStation 4 revamp is a sign that gaming consoles are moving away from a six- to seven-year life cycle, toward more frequent upgrades aimed at gamers seeking the flexibility offered by personal computers, the head of Sony’s game division said
Tesla has taken plenty of flak lately, notably for its tendency to burn through vast sums of cash without delivering profit. But in at least one respect it’s succeeding beyond CEO Elon Musk’s wildest dreams
Samsung Electronics will push out a software update for Korea that caps the capacity of Galaxy Note7 smartphone batteries at 60%, a stop-gap measure to prevent overheating as the device’s global recall proceeds. The unusual move, announced
Apple faced an embarrassing technical glitch after some customers reported difficulties updating their iPhone operating system to the latest software, which became available on Tuesday. After downloading the iOS 10 update, the smartphones
Samsung Electronics has blamed a minor battery manufacturing flaw for prompting a global recall of its Galaxy Note7 smartphones and is seeking more time to investigate the cause behind its deepest crisis in
Visa, the world’s largest payments network, introduced a mobile phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest