tech giants
- Business
Tencent’s online ad revenue grows for the first time in more than a year
Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing “video accounts”…
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China invests $1.9 billion in top chipmaker
China is pumping $1.9 billion into its top memory chipmaker, according to media reports, as US restrictions on semiconductor exports…
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Saudi Arabia says tech giants to invest more than $9 billion in kingdom
Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle…
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Apple posts largest decline in sales since 2019
Tech giant misses expectations for revenue, profit, and sales in 1st fiscal quarter ending on Dec. 31, 2022 Apple’s overall…
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Apple supplier in India begins shipping AirPods components to China, Vietnam
A key Apple Inc. supplier has begun making components for AirPods in India, marking a significant step in the US…
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Smartphone shipments plunge to a low not seen since 2013 their largest ever decline
A total of 1.21 billion smartphones were shipped in 2022, which represents the lowest annual shipment total since 2013 “due to…
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Tech billionaires see wealth shrink amid 2022 stock crunch
The fortunes of Silicon Valley billionaires took a beating in 2022 as share prices of the world’s tech giants plummeted.…
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Cloud computing is booming, but these are the challenges that lie ahead
From skills shortages to cybersecurity threats and ‘the Frankencloud’, companies who have invested heavily in the cloud in 2022 face…
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Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
Pinduoduo and TikTok owner ByteDance have launched international cross-border e-commerce websites in the last few months, aiming to take a…
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Apple freezes plans to use China’s YMTC chips
U.S. tech giant Apple Inc has put on hold plans to use memory chips from China’s Yangtze Memory Technologies Co…
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