In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about...
Tech’s Biggest Companies Discover Austerity, to the Relief of Investors
After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.Read...
Amazon Reports Almost No Profit and Slowing Growth
The company indicated the slowing growth and tight margins would continue in the first three months of this year.Read More
Apple Revenue and Profit Down as iPhone Sales Slow
The iPhone maker said sales of its flagship product were down 8 percent as it dealt with a factory shutdown and worries about rising...
Alphabet’s Profit Falls 34% Amid Ads Slowdown
Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.Read More
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.Read More
Ford Said Sales in January Increased 2%
1 min read
The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.Read More
Senator Calls on Apple and Google to Ban TikTok in App Stores
Michael F. Bennet, a Colorado Democrat, cited national security, adding to bipartisan pressure on the Chinese-owned video app.Read More
‘Nigerian iTunes’ dances to the mobile beat
1 min read
A new music startup is providing an easy away for Nigerian music fans to access their favorite songs.
An electric helicopter — powered by 18 propellers — has made its maiden flight. Could it be the future of urban transport?