In this article AMZN Photographer: Thorsten Wagner/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Amazon shares finished 2021 as the biggest laggard among the mega-cap technology names, but there’s reason to believe 2022 could be a brighter year for the stock. Shares of Amazon rose a measly 2.4% in 2021, vastly underperforming the
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In this article AMZN RIVN STLA-IT Stellantis announced on January 5, 2022, a major partnership with Amazon to connect its vehicles, including using the US giant’s AWS servers and its Alexa voice command system. Marco Bertorello | AFP | Getty Images Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide
The Cyberspace Administration of China has issued draft regulations governing how mobile apps should operate. App providers should not use their software to engage in activities that endanger national security or disrupt social order, the rules say. Qi Yang | Moment | Getty Images China’s cyberspace regulator said Wednesday that developers launching apps that have
In this article PINS Traders work after the opening bell at the New York Stock Exchange (NYSE), while the logo for Pinterest is pictured on the screens during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Shares of Pinterest dipped 10% on Tuesday and hit
This is breaking news, check back for updates. SAN JOSE, Calif. — Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women were handed the case in mid-December after
Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, U.S., on Tuesday, Dec. 21, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — The 12 jurors tasked with deciding the fate of Elizabeth Holmes told Judge Edward Davila on Monday morning that they’re unable to come to
Employees wearing cleanroom suits walk beneath Automated Material Handling Systems (AMHS) vehicle robots moving along tracks on the ceiling inside the GlobalFoundries semiconductor manufacturing facility in Malta, New York, U.S., on Tuesday, March 16, 2021. Adam Glanzman | Bloomberg | Getty Images Chipmakers have been clear winners in the pandemic era, and the momentum in
Eric LeVine, founder and CEO of CellarTracker, visits the cellar at his Seattle home. Talia LeVine Before there was Facebook, there was CellarTracker. Eric LeVine, a former Microsoft employee who fell in love with wine on a bicycling trip in Italy, created the website for his own use in 2003 and released it to the
In this article GOOGL MSFT AAPL FB Yves Herman | Reuters 2022 is poised to be the biggest year yet for “the metaverse,” as Facebook parent Meta, Apple, Microsoft and Google gear up to release new hardware products and software services in what so far has been a niche market for early adopters. The “metaverse”
In this article AAPL GOOGL FB AMZN Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in Washington, D.C., U.S., on Wednesday, April 11, 2018. Andrew Harrer | Bloomberg | Getty Images The new year could be a pivotal one for tech policy — if
In this article FB Meta’s Oculus Quest 2 virtual reality headset. T3 Magazine | Future | Getty Images Parents who bought their children a virtual reality headset for Christmas could be in for a nasty surprise. Oculus, the VR division of Facebook parent company Meta, likely saw surging sales over the holidays, with its main
A Huawei store in Hangzhou displays the company’s newly launched foldable smartphone, the P50 Pocket, on December 23, 2021. Long Wei | Visual China Group | Getty Images BEIJING — Chinese telecommunications giant Huawei said Friday it expects revenue for this year will come in at 634 billion yuan ($99 billion), a 28.9% drop from
In this article AAPL DE It was an exciting day at iFixit in November 2021, when Apple announced its decision to release a consumer-repair policy, along with new parts, replacement screens, batteries, and service manuals for iPhones. The push from the previously reluctant Apple was seen as a major shift on the “right to repair”
A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021. Dado Ruvic | Reuters Crypto giant Binance is bolstering its presence in France after a choppy year of regulatory scrutiny. The world’s largest cryptocurrency exchange is financing a 100 million euro ($113 million) initiative with industry group France FinTech in an
In this article INTC AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple‘s decision to ditch Intel paid off this year. The pivot allowed Apple to completely rethink the Mac, which had started to
In this article TSLA Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car and solar business according
In this article AAPL External View of the Apple store on Fifth Avenue on August 19, 2020 in New York City. VIEW press | Corbis News | Getty Images Apple closed its stores to indoor customer traffic at its New York City retail locations Monday due to a rise in Covid-19 cases in the city.
Chris Hondros | Newsmakers | Getty Images For the first time in five years, tech investors aren’t the life of the Wall Street party. As 2021 winds down, the tech-heavy Nasdaq Composite is up 23% for the year, trailing the S&P 500, which has climbed 28%, through Monday. The last two times the S&P 500
In this article FB This photo from Oculus shows what it might be like to play it in an apartment. Oculus The metaverse won Christmas this year. Meta, Facebook’s parent company, had the most popular app in Apple’s App Store on Christmas day: the Oculus virtual reality app. That’s the app people download to manage
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven to be by far the top-performing Big Tech stock of 2021.