The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. The MSCI India Index rallied almost 10% in the just-ended quarter, compared with a 23% slump for the MSCI China Index. The 33-percentage point outperformance by the India gauge is the … Read more
Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap posted poor quarterly results and warned of an uncertain outlook. Slammed by a weakening economy, increased competition from TikTok and recent privacy changes on iPhones, the Snapchat owner missed second-quarter … Read more
Apple on Wednesday said it plans to release a new feature called Lockdown Mode this fall that aims to add a new layer of protection for human rights advocates, political dissidents and other targets of sophisticated hacking attacks. The move comes after at least two Israeli firms have exploited flaws in Apple‘s software to remotely … Read more
iOS 16 was announced last week, and it certainly has much more to offer than what was previewed at the WWDC 2022. Now, a new report suggests that iOS 16 will have a built-in unit conversion on Messages, Notes, Mail, Calendar, and other apps. Through this, Apple users will be able to easily see conversions … Read more
House lawmakers released a scathing report on four of the world’s largest tech companies, accusing them of abusing their market power. The report, which was released on Tuesday and concludes a 16-month investigation into Amazon, Apple, Facebook and Google, recommended breaking up the companies and passing the most sweeping changes to antitrust laws in decades. … Read more