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South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones.
Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc chief executive Jack Dorsey, soared as much as 64% in their market debut, following a marked-down initial public offering.
As China's economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc's KFC and Pizza Hut.
Prime Minister Narendra Modi's trip this weekend to Silicon Valley gives Facebook and Google the chance to press him on issues that have bedevilled them in that country.
Alibaba said it expected its total value of transactions in the second-quarter to be lower than previously thought, a fresh signal that China's slowdown is taking a bite out of consumer spending.
Google boss Eric Schmidt predicted that the Internet will soon be so pervasive in every facet of our lives that it will effectively “disappear” into the background.
Facebook has hit more than 100 million users in India, making it only the second country after the United States to achieve the milestone, the social network company has said.