Browsing: Facebook

US President Donald Trump, stepping up his criticism of technology firms he says are favouring liberal points of view, said they may be in a “very antitrust situation” but repeatedly said he can’t comment publicly on whether they should be broken up.

It’s tempting to ignore the early morning tweets of a technology-challenged US president. Donald Trump is wrong on the facts, but his complaints underscore the business threats to tech companies from growing and largely disingenuous complaints.

Xiaomi delivered a 68% revenue jump and quarterly profit in its maiden earnings report, as the Chinese smartphone giant made strides overseas while fending off a challenge from local rivals such as Oppo.