big tech

Amazon.com Inc. (NASDAQ: AMZN) is expected to unveil several new products, including new Echo devices, during its annual fall event to be held on Tuesday. What Happened: Amazon has announced the invitation-only event but without providing details on what to expect from the event. Bloomberg...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is celebrating its 23rd birthday by showcasing a cake doodle that doffs its top layer as a hat. Here're some interesting facts you should know about Google to join the company in the celebrations: 1. Google was incorporated on Sept. 4, 1998...

Some key China-based suppliers of Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) have halted production at their facilities to follow Beijing's tighter energy consumption policy, Nikkei Asia reported on Sunday, citing suppliers. What Happened: Small and medium-sized suppliers that...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Baidu Inc. (NASDAQ: BIDU), Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) are all trading lower in Hong Kong on Monday, while Tencent Holdings Inc. (OTC: TCEHY) and JD.Com Inc. (NASDAQ: JD) are rising. What’s Moving: Chinese e-...

Apple Inc. (NASDAQ: AAPL) has warned that restoring from backup might result in bugs related to Apple Music and iOS 15 widgets on the new iPhone 13 and iPad models. What Happened: Apple said in a new support document published Thursday that customers who try to restore their new iPhone or...

Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) have been sued by bankrupt wearable technology company Jawbones Inc, Bloomberg News reported on Thursday, citing court documents.  What Happened: Jawbone, which went bankrupt in 2017, has sued the two tech giants...

Alibaba Group Holding (NYSE: BABA) is looking to shed its entire stake in a local television network as Beijing wants the Jack Ma-founded company to sell some of its media assets, Bloomberg News reported on Thursday. What Happened: Alibaba’s investment arm is looking to sell its 5.01% stake...

Shares of JD.Com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY), Baidu Inc. (NASDAQ: BIDU) and Xpeng Inc.'s (NYSE: XPEV) are all advancing in Hong Kong on Friday, while Alibaba Group Holding Limited (NYSE: BABA) and Li Auto Inc. (NASDAQ: LI) are declining. What’s Moving: Chinese...

Apple Inc. (NASDAQ: AAPL) is planning to pay one-time bonuses amounting to up to $1,000 to store employees next month, Bloomberg reported Wednesday, citing people familiar with the situation. What Happened: Apple will give $1,000 to retail staff who were at the company before March 31 this year,...

Facebook Inc (NASDAQ: FB) Chief Technology Officer Mike Schroepfer, who has been with the Cupertino, California-based company for 13 years, is stepping down from his role at the social media company sometime next year. What Happened: Schroepfer, who was overseeing artificial intelligence,...

Apple Inc (NASDAQ: AAPL) is among a list of companies that will attend a virtual White House meeting on Thursday to discuss the global semiconductor shortage, Reuters reported, citing people familiar with the matter. What Happened: The virtual meeting will discuss the impact of the COVID-19 Delta...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Li Auto Inc. (NASDAQ: LI), JD.Com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY) and Baidu Inc. (NASDAQ: BIDU) are all trading higher in Hong Kong on Thursday, while Xpeng Inc.'s (NYSE: XPEV) shares declined. What’s Moving:...

Facebook Inc. (NASDAQ: FB) overpaid billions of dollars to the Federal Trade Commission in 2019 in order to protect CEO Mark Zuckerberg from personal liability related to the Cambridge Analytica data breach, the company's shareholders alleged in a pair of lawsuits. What Happened: One of the...

Amazon.com, Inc (NASDAQ: AMZN) has dished out cars and $100,000 in cash bonuses to employees at its warehouses and at Whole Foods who got vaccinated. What Happened: The e-commerce behemoth has given away cars worth as much as $40,000 to four warehouse workers and one Whole Foods team member, as per...

Some of the biggest technology companies continue to see their shares plunge in Hong Kong amid the Evergrande crisis on Tuesday. What Happened: Alibaba Group Holding Ltd. (NYSE: BABA) shares are trading 2.1% lower at HKD 148.30 at press time in Hong Kong. JD.Com Inc. (NASDAQ: JD) stock is down 1.63...