Facebook's parent company Meta experienced its biggest one-day loss in trading since it debuted on Wall St in 2012. The company saw a whopping 26% slump, taking $332 billion $US237 billion) off its market value. Zuckerberg saw a $40 billion loss.
Before Apple's earnings report last week, analysts were falling over themselves to declare the iPhone X as a failure with poor sales, but not only did Apple smash the naysayers with excellent results, Strategy Analytics says iPhone X is No.1 worldwide.
The iPhone was going to flop, do you remember? So too was the iPad, which was just a big iPod Touch. Do you believe Wall St?
Tech giant Apple has shocked the stock market, repurchasing US$14 billion worth of its own stock in the last two weeks after disappointing first-quarter results, according to the Wall Street Journal.
Social media service Twitter has delivered a massive disappointment to investors, reporting its slowest pace of user growth during the fourth quarter and in the process. dimming hopes that the social media phenomenon can sustain its torrid pace of expansion.
Twitter has announced its stock offering through a low-key tweet, marking a new phase for the world's second most popular social network.
Apple's new iPhones, intended to save the company from its falling share price, have done the exact opposite, with investors declaring the announcement a disappointment.
Google has moved a step closer to its future in wearable tech, acquiring a small stake in Taiwanese small display specialist Himax Technologies.
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