big tech

iPhone maker Apple Inc (NASDAQ: AAPL) has opened a new store in Wuhan, China — its first in the Hubei Province. What happened: The Cupertino-based tech giant said its Wuhan store, which opened on Saturday, brings in a never-seen-before feature in its China stores: an...

Indian industry body Alliance of Digital India Foundation has called for an "urgent need" to bring regulations for Apple Inc's (NASDAQ: AAPL) App Store and Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Play Store to ensure "fair competition." What Happened: In its...

Apple, Inc. (NASDAQ: AAPL) seems to have ruffled the feathers of the largest union of communication workers in the U.S. even as it strives to win over its retail store employees. What Happened: The tech giant has gone against the spirit of the federal labor law by forcing store employees to...

U.S. markets sought direction for most of Thursday before ending on a subdued note. But there could be a silver lining to this cloud, according to prominent Apple, Inc. (NASDAQ: AAPL) analyst and Loup Funds co-founder Gene Munster. What Happened:  The Nasdaq...

Physician, hedge fund manager and value investor Michael Burry has let out a tweet that appears to warn investors of further erosion in stocks. What Happened: Burry said Wednesday that from “Top to bottom” Microsoft Corporation (NASDAQ: MSFT) shares traded 5.2x its shares outstanding by...

European Commissioner for Competition Margrethe Vestager on Thursday called for a global approach toward Big Tech companies to prevent them from taking advantage of enforcement gaps. The antitrust chief is known for her landmark rules to curb the power of U.S. tech giants like Alphabet...

Big techs have been caught in the middle of regulatory crossfire for abusing their dominant market positioning. These companies reportedly paid a high price in the first quarter for steering clear of controversy. What Happened: Tech giant Apple, Inc. (NASDAQ: AAPL) coughed up a record $2.5...

Chinese tech stocks are extending losses on Tuesday in the pre-market session, seeing further erosion of their already-weakened valuations. A few things are working in the minds of investors ahead of the market open in the United States. The cues from Hong Kong, which opened after Monday's...

E-commerce giant Amazon, Inc. (NASDAQ: AMZN) said it is conducting a racial equity audit as part of its efforts to support and increase diversity in the workplace, a definitive proxy statement filed with the SEC as Form DEF 14A showed. What Happened: Amazon said the focus of the racial equity...

Apple, Inc. (NASDAQ: AAPL), which was managing to churn out products and keep pace with the surging demand so far, may have hit a supply-chain roadblock with the protracted COVID-19 shutdown in China. What Happened: China's "zero COVID" policy to curb the spread of the...

Shares of U.S.-listed Chinese tech companies — Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NYSE: JD), Tencent Holdings ADR (OTC: TCEHY) and Baidu Inc. (NYSE: BIDU) — traded significantly higher in Hong Kong on Monday (Hong Kong time). The rally was spurred by investors...

Long-time Apple Inc. (NASDAQ: AAPL) analyst Ming-Chi Kuo has cut his shipment estimates for the new iPhone SE, citing lower than expected demand. What Happened: Kuo said he is lowering his forecast for Apple’s iPhone shipments this year to a range of 15 million to 20 million units from the...

Apple Inc. (NASDAQ: AAPL) may not launch new products with the new mini-LED screen this year, prominent analyst Ming-Chi Kuo has predicted. What Happened: Kuo had said last week that Apple may not launch new mini-LED products this year due to cost concerns. Kuo’s comments suggest Apple may...

A portion of Apple Inc’s (NASDAQ: AAPL) headquarters in Cupertino, California needed to be evacuated on Tuesday after an envelope containing a white powder was discovered. What Happened: The incident took place in Apple Park’s Section 8, according to a report by Apple Insider. Aerial...

Long-time Apple Inc (NASDAQ: AAPL) analyst Ming-Chi Kuo is not upbeat about the 2022 mobile market.  What Happened: Kuo noted that the reduction in orders from a high-end manufacturer like Apple to a low-end Chinese manufacturer is a signal that the mobile phone industry is “facing...