big tech

Apple Inc.’s (NASDAQ: AAPL) highly-anticipated AR/VR headset will need to be wirelessly tethered to an iPhone or another Apple device like a Macbook for processor-heavy tasks, according to a report by the Information (via The Verge). What Happened: Apple is working on a custom chip...

Cathie Wood-led Ark Invest continued to trim the exposure of its exchange-traded funds to Alibaba Group Holding Ltd. (NYSE: BABA) stock on Thursday. Ark sold 660 shares, estimated to be worth around $113,520 as per Thursday’s closing price, in the Jack Ma-co-founded company during the day via...

Amazon.com Inc. (NASDAQ: AMZN) is planning to launch Amazon-branded TVs as soon as October in the United States, according to a report by Business Insider (via The Verge). What Happened: The Amazon-branded television sets will have screen sizes “in the range of 55 to 75 inches” and will...

Cathie Wood’s Ark Invest now holds just about 700 shares in Alibaba Group Holding (NYSE: BABA) after the money managing firm on Wednesday further reduced its exposure in the e-commerce giant. Ark Invest sold 3,626 shares — estimated to be worth about $628,313 — in Alibaba, as...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Baidu Inc., (NASDAQ: BIDU), JD.com Inc. (NASDAQ: JD) and Tencent Holdings Limited (OTC: TCEHY) are rising in Hong Kong on Thursday, while Chinese electric vehicle makers Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) are notably lower....

Apple Inc (NASDAQ: AAPL) said Wednesday it would allow the likes of Spotify Technology S.A. (NYSE: SPOT), and Netflix Inc (NASDAQ: NFLX) to process payments outside its App Store, in effect, foregoing its cut. What Happened: The Tim Cook-led company will now allow music, video, and other media apps...

Alibaba Group Holding Limited’s (NYSE: BABA) shares rebounded after opening lower in Hong Kong on Wednesday, while shares of other Chinese companies - Li Auto Inc. (NASDAQ: LI), Xpeng Inc. (NYSE: XPEV), JD.com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU) and Tencent Holdings Limited (OTC:...

Bitcoin (CRYPTO: BTC) hitting the $100,000 mark before the year is out is still possible, as per Anthony Scaramucci, the founder and CEO of SkyBridge Capital. What Happened: Scaramucci reiterated his price target, citing Bitcon’s “limited and fixed” supply and rising monthly...

Apple Inc (NASDAQ: AAPL) employees can reportedly no longer use a channel dedicated to pay equity on Slack, a work-oriented messaging software owned by Salesforce.com, Inc (NYSE: CRM).  What Happened: Apple cited internal “Slack Terms of Use” on the removal of the channel even...

Apple Inc (NASDAQ: AAPL) and Alphabet Inc Class A (NASDAQ: GOOGL) (NASDAQ: GOOG) will get hit by a new law that effectively bans tech-giants from charging hefty commissions on in-app purchases in South Korea, according to The Wall Street Journal. What Happened: In a first such move by a key economy...

A group of Apple Inc (NASDAQ: AAPL) employees that labels itself as '#AppleToo' has published what it claims are stories of harassment and discrimination in a digest form. What Happened: #AppleToo organizer Cher Scarlett published the stories on Medium, first noted on Apple Insider....

Apple Inc. (NASDAQ: AAPL) could partner with Globalstar Inc. (NYSE: GSAT) to bring satellite communication connectivity to the upcoming iPhone 13 models, according to a note from Apple analyst Ming-Chi Kuo, AppleInsider reported. What Happened: A customized version of the Qualcomm X60 baseband...

Apple Inc’s (NASDAQ: AAPL) Watch Series 7 will feature a bigger screen and flat sides, tech expert Mark Gurman revealed in his latest newsletter.  What Happened: The key changes in Apple’s latest watch this year will include a flatter display and edges, a faster processor and...

Cathie Wood-led Ark Invest on Thursday piled up yet more shares in the Pinduoduo Inc (NASDAQ: PDD), its third straight buy in the agriculture-focused tech platform after months of trimming its exposure in the Chinese company. The popular money managing firm bought 59,300 shares — estimated to...

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook received more than five million shares in the technology giant this week as part of a compensation package but sold most of the stock immediately for more than $750 million. What Happened: Cook received 5.04 million shares on Tuesday as the final part of a...