Wall Street is rotating out of the chip sector, put off by stretched valuations and trade war-related risks under Donald Trump.
BUSINESS / Tech
Nov 27, 2024
Software is in, chips are out as traders position for Trump era
Software has been on an upswing given its lower exposure to tariff risks, and as the tailwind from AI looks set to shift from infrastructure to services.
The tech giants behind Google and Facebook are asking the Australian government to postpone a ban on most forms of social media for children under the age of 16.
BUSINESS / Tech
Nov 26, 2024
Google and Meta urge Australia to delay bill on social media ban for children
Prime Minister Anthony Albanese's center-left government wants to pass the bill into law by the end of the parliamentary year on Thursday.
The Google campus in Mountain View, California, on May 2
BUSINESS / Tech
Nov 26, 2024
Google arguments draw skepticism from judge in ad tech case
The case is one of several against Google over antitrust issues.
Zoom Video Communications has failed to impress investors with its latest sales forecast, who were expecting a bigger boost from the company’s expanded suite of products. An ongoing loss of consumers and small businesses from Zoom has also concerned investors, particularly since these customers are typically higher-margin than corporate clients.
BUSINESS / Tech
Nov 26, 2024
Zoom fails to impress investors with sales forecast for expanded lineup
While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
A push by U.S. antitrust regulators to force the sale of the Google Chrome browser to limit Alphabet's search dominance is likely to run into legal hurdles.
BUSINESS / Tech / ANALYSIS
Nov 22, 2024
Legal hurdles ahead for Google's forced sale of Chrome
The proposed remedies have been described as extreme, while a forced sale would not address several issues raised in the DOJ lawsuit, critics say.
A Honda electric vehicle at the Beijing International Automotive Exhibition in April. Honda is investing ¥43 billion ($277 million) in an all-solid-state battery production line in Tochigi Prefecture.
BUSINESS / Tech
Nov 21, 2024
Honda hopes to double EV driving range with solid-state batteries
Such batteries will replace liquid-state lithium-ion batteries currently in use, Honda R&D chief Keiji Otsu says.
The U.S. government has asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.
BUSINESS / Tech
Nov 21, 2024
U.S. Justice Department proposes sale of Google's Chrome to curb monopoly
The proposed changes follow a landmark ruling that the technology giant illegally monopolized online search.

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