Alphabet’s first quarter results came with a clear message to Wall Street: the company is embarking on a new spending binge to chase its biggest rivals. Google’s parent posted the strongest sales growth in almost
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Ten years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking
When Apple’s HomePod smart speaker went on sale in January, it entered a market pioneered and dominated by Amazon’s Echo line-up of Alexa-powered devices. Apple, which has arrived late before only to overtake
Despite the enormous run-up in global technology stocks in the past five years – and the recent stomach-churning volatility – the market isn’t repeating the dot-com euphoria of 1999 and South African investors would
US President Donald Trump said he will take a “very serious look” at Amazon.com and what he said is an “uneven playing field” the retailer enjoys against competitors. “I’m going to study it and take a look,” Trump
Public concern about Facebook’s power in society – and in politics – has skyrocketed in the wake of revelations that users’ data was analysed by a UK-based marketing firm and used to construct highly targeted political
When Diane Greene first joined Google in late 2015, her first task was to assemble the company’s disparate and often wayward cloud projects and whip them into a real business. Sales, marketing and engineering divisions
Last week, Amazon.com bought the Santa Monica, California-based smart home equipment maker Ring for an estimated $1bn in cash. Though filled with less import than the company’s $13.4bn acquisition of Whole Foods
During the dot-com-crazed 1990s, Cisco Systems became the world’s most valuable company. Widely expected to become the first company to hit a trillion-dollar capitalisation, it made it barely halfway there. When the
There’s Netflix, and then there’s everyone else in 2018. The stock is up more than 50% in the first two months of the year after shattering subscription-growth expectations. It’s market capitalisation has soared to $126bn