US, China tech giants under regulatory pressure, competition

Volkan Furuncu | Anadolu Agency | Getty Images Investors looking to put money into US and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase. “You have to be … Read more

Tech giants’ latest moves, regulatory action

Citizens try out a virtual reality experience at the opening of Cheonan Qianshu Shopping mall, Shanghai, China, On December 22, 2021. Virtual reality is a key part of the concept of the metaverse. Xing Yun | Costfoto | Future Publishing | Getty Images Imagine this: the metaverse with Chinese characteristics. That’s how the virtual world … Read more

Twitter (TWTR) Q4 2021 earnings

A person in a mask walks by the New York Twitter offices after they announced they will close their re-opened offices effective immediately in response to updated CDC guidelines during the outbreak of coronavirus disease (COVID-19) in Manhattan, New York City, US, July 29, 2021. Andrew Kelly | Reuters Twitter reported earnings for the fourth … Read more