Apple, Tesla, and these shares were bought out of tech wrecks

font size Apple Store signs appear at Grand Central Station in New York. Michael M. Santiago / Getty Images To say it’s been a tough year for tech stocks is an understatement, with tech heavy Nasdaq Composite Landing in a bear market area and a stalwart like apple And Amazon Extension of loss periods for … Read more

How Ireland Missed Its Chance To Be The ‘Super Organizer’ Of Big Tech

Many of the largest US technology companies in Europe are headquartered in Dublin. Artur Widak | Norfoto | Getty Images Upcoming EU rules forcing big tech companies to monitor online content will be enforced more aggressively by the European Commission, a move experts say will diminish the role Ireland has played so far in overseeing … Read more

Technical layoffs and hiring slowdown stand out in an overheated labor market

San Francisco camera compass | Getty Images US employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which has thrived during the pandemic, is showing signs of contraction. Facebook’s parent company Meta has paused hiring and scaled back some hiring … Read more

TikTok looms large in tech profits from Google, Facebook and Amazon

Rafael Henrique | Light Rocket | Getty Images As the heart of tech earnings season winds down, one constant topic has been the weakness in the digital advertising market. The war in Ukraine, rising inflation, Apple privacy changes and a general decline in ad spending help explain why Facebook, Google, Amazon and Twitter reported disappointing … Read more

Tech companies lost $17 billion in the first quarter as equity investments hurt

An Amazon electric delivery truck from Rivian takes to the street with the Hollywood sign in the background. Amazon The 2022 tech sell-off has accelerated in the past two weeks, as first-quarter earnings reports highlight challenges such as inflation, supply chain shortages and the war in Ukraine. For some tech leaders, the swoon in the … Read more

Formula 1, WWE and UFC are potential acquisition targets for streaming services

(LR) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Stadium at UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. Chris Unger | UFC | Getty Images In 2016, before the Ultimate Fighting Championship was sold for $4 billion to the … Read more