Mark Zuckerberg lost $29-billion in net worth on Thursday as Meta Platforms’ stock marked a record one-day plunge, while Jeff Bezos was set to add $20-billion.
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Nvidia is quietly preparing to abandon its purchase of ARM from SoftBank Group after making little to no progress in winning approval for the $40-billion deal.
IBM reported revenue that beat analysts’ estimates, signalling that the company’s efforts to transform the 110-year old tech giant are bearing fruit.
A Cape Town court has postponed a ruling on a lawsuit to try to halt construction of Amazon.com’s new Africa headquarters.
Groups representing the descendants of South Africa’s earliest inhabitants went to court on Wednesday to try to halt construction of Amazon’s new Africa headquarters.
The extent of the Chinese tech stocks’ underperformance when compared to the US is astounding. By Anchor Capital’s Seleho Tsatsi.
Netflix has raised its monthly subscription price in the US to help pay for new programming to compete in the crowded streaming TV market.
Investors have enjoyed world-beating returns for years by owning shares of trillion-dollar technology companies.
Big Tech powered US stocks to a third straight winning year in 2021, as giants such as Apple and Microsoft continued to see strong demand.
Amazon.com, Meta Platforms, Twitter and Pinterest will not send teams to CES in Las Vegas as concerns grow about Omicron, the firms said.