Needham analysts said Tuesday they were lowering revenue estimates for Google's second quarter to down 7% year-over-year because of the company's declining U.S. search revenue.
Facebook COO Sheryl Sandberg said the company is releasing a long-planned audit of its civil rights practices on Wednesday, after meeting with civil rights groups who are helping to organize and advertiser boycott. But Anti-Defamation League CEO Jonathan Greenblatt isn't buying it.
Deutsche Bank said on Tuesday it has agreed a strategic, multiyear partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients.
Samsung did not provide a breakdown of how each unit performed in Tuesday's guidance but flagged a one-off gain in the display business, which counts Apple as a customer.
"We're simply asking them to ensure that people are safe and our democracy is protected," NAACP CEO Derrick Johnson said ahead of a meeting with Facebook top brass.
The monumental challenge of tackling venture capital's systemic lack of diversity is going virtual with programs from Diversity VC and Included VC moving online.
Several tech start-ups were among the companies that received loans under a program intended to blunt the economic damage from Covid-19, according to a list released Monday by the Trump Administration. Bird, Mixpanel, Grindr and Zendrive were on the list.
Alphabet (Google) crossed over $1 trillion in market cap on Monday, joining Apple, Microsoft and Amazon, showing the resilience of the tech sector in the face of a global pandemic, recession, and record unemployment.
Verizon CEO Hans Vestberg told CNBC he paused advertising with Facebook because content appearing adjacent to Verizon ads was negatively affecting the image of the Verizon brand.
Although Twitter's user base is much smaller than other social media platforms like Facebook and Instagram, the platform has tremendous influence. It's become President Trump's favorite means of communication and an important tool for social movements, as well as a running feed for recording our global history.
A loose network of Facebook groups that took root across the country in April to organize protests over coronavirus stay-at-home orders has become a hub of misinformation and conspiracy theories that have pivoted to a variety of new targets: Black Lives Matter and the nationwide protests of racial injustice.
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Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.