Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefitted him
Chamath PalihapitiyaOlivia Michael | CNBCBillionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve...
Technology
Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.
Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next '19 event in San Francisco, California,...
Facebook parent Meta reports third-quarter earnings after the bell Wednesday
Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021.Kevin Dietsch | Getty Images News | Getty ImagesMeta reports...
YouTube’s shrinking ad business is an ominous sign for the battered online ad market
A YouTube logo seen at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21,...
Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak
Source: Thomas Peter | ReutersFoxconn said Tuesday that its factory in Zhengzhou, China — the world's largest assembly plant for...
Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown
Tony Avelar | Bloomberg | Getty ImagesHard drive maker Seagate Technology said on Wednesday it plans to cut 8% of...
Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta
The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France...
Voters want to see more crypto regulation, industry poll finds
A majority of voters want to see more regulation of cryptocurrencies, a new industry-sponsored poll found, though they're split on...
Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound
Microsoft CEO Satya Nadella speaks at the company's annual shareholder meeting on Nov. 30, 2016, in Bellevue, Washington.Stephen Brashear |...
iPhones will get USB-C charging after Apple says it will have to comply with EU law
Apple will "comply" with European Union regulation that requires electronic devices to be equipped with USB-C charging, said Greg Joswiak,...
Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns
An avatar of Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in...
Microsoft drops 6% after revealing weak guidance on its earnings call
Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in...
Alphabet misses on top and bottom lines as YouTube ad revenue drops in the quarter
Sundar Pichai, CEO, AlphabetLluis Gene | AFP | Getty ImagesAlphabet shares dropped more than 5% in extended trading on Tuesday...
Microsoft beats but cloud growth comes in short
Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24,...
Spotify shares dip after third-quarter earnings report
Budrul Chukrut | LightRocket | Getty ImagesSpotify shares fell about 7% after hours on Tuesday after the streaming giant reported...
Apple puts more ads in the iPhone’s App Store
New Apple App Store adsAppleApple on Tuesday expanded its search advertising inventory on its App Store to include units for...
A ‘catastrophe’ is coming for the economy, but it’s not recession or inflation, says Secretary of Labor Marty Walsh
Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, April 2, 2021.Erin Scott...
Apple glass supplier Corning warns smartphone sales down 14%
When heated to a high temperature and then cooled, new chemical composition can change the way glass behaves. For Gorilla...
Apple tightens its rules on crypto and NFTs in its App Store
Apple clarified its App Store policy on cryptocurrencies and non-fungible tokens (NFTs).Pavlo Gonchar | Sopa Images | Lightrocket | Getty...
Meta shareholder writes critical open letter saying company needs to slash headcount and stop spending so much money on ‘metaverse’
Drew Angerer | Getty Images News | Getty ImagesAltimeter Capital Chair and CEO Brad Gerstner said in an open letter...