Wall St falls ahead of Fed verdict Published 30 Jul, 2026 05:15am NEW YORK: Wall Street’s main indexes dropped on Wednesday as investors awaited the Federal Reserve’s monetary policy...
Meta looks to raise up to USD25bn via bond sale: Bloomberg Published 02 May, 2026 08:08am WASHINGTON: Meta Platforms is looking to sell between USD20 billion and USD25 billion of investment-grade bonds,...
S&P 500, Nasdaq rally to fresh highs Published 02 May, 2026 06:16am NEW YORK: The benchmark S&P 500 and the Nasdaq Composite touched record highs on Friday and were on course for...
S&P 500, Nasdaq on course for best month since 2020 Published 01 May, 2026 05:18am NEW YORK: The S&P 500 and the Nasdaq were on course to end April with their biggest gains since 2020,...
Big Tech on trial Published 07 Apr, 2026 02:22am EDITORIAL: The long-awaited reckoning for Big Tech may finally have arrived, unfolding in American courtrooms with...
Amazon cloud unit’s data centres in UAE, Bahrain damaged in drone strikes Published 04 Mar, 2026 03:57am MANAMA: Amazon said on Monday some of its data centers in the United Arab Emirates and Bahrain were damaged by drone...
Social media addiction trial takes new turn with therapist’s testimony Published 26 Feb, 2026 11:55am Kaley is expected to take the stand on Thursday once Burke completes her testimony
S&P 500, Nasdaq hit two-week highs Published 26 Feb, 2026 04:57am NEW YORK: The S&P 500 and the Nasdaq hit two-week highs on Wednesday, boosted by heavyweight technology stocks,...
Wall St mixed with data, earnings in focus Published 11 Feb, 2026 04:48am NEW YORK: The S&P 500 and the Nasdaq were muted on Tuesday while the Dow notched a fresh record high as...
S&P 500, Nasdaq advance as investors await key economic data Published 10 Feb, 2026 05:50am NEW YORK: The S&P 500 and the Nasdaq gained after a shaky start on Monday, finding their footing following last...
Wall Street slumps as Alphabet capex plan, Qualcomm outlook deepen tech rout Published 06 Feb, 2026 05:56am NEW YORK: The S&P 500 dropped to an over two-week low and the Nasdaq sank to its lowest level in more than two...
Tech lifts Wall St higher as markets weigh commodity selloff, earnings Published 03 Feb, 2026 06:05am NEW YORK: Wall Street’s main indexes climbed on Monday as a rally in memory chipmakers and other heavyweight stocks...
S&P 500 briefly tops 7,000 before pullback as Fed, big tech earnings loom Published 29 Jan, 2026 05:59am NEW YORK: The S&P 500 briefly topped 7,000 points for the first time on Wednesday only to pull back, with...
OPINION: Big tech courts India, not Pakistan Updated 18 Dec, 2025 07:10am In a world where tech dollars behave a bit like lovestruck teenagers—eager, impulsive, and occasionally...
Ruling against Google: Taking on big tech Published 09 Aug, 2024 06:56am EDITORIAL: Over the last two decades, it would have been difficult for anyone venturing online to avoid the...
Wall Street Week Ahead: Expected US rate cuts have investors looking beyond big tech Published 15 Jul, 2024 06:56am NEW YORK: Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks...
US SC backs Big Tech over terror claims Published 19 May, 2023 06:17am WASHINGTON: The US Supreme Court handed a victory to Twitter and Google on Thursday, saying the social media giants...
Layoffs hit Silicon Valley as Amazon freezes hiring Published 07 Nov, 2022 06:29am SAN FRANCISCO: Payments firm Stripe and rideshare company Lyft, two darlings of Silicon Valley, announced major...
Facebook whistleblower launches nonprofit to take on big tech Published 26 Sep, 2022 08:09am SAN FRANCISCO: Whistleblower Frances Haugen — a former Facebook engineer who leaked documents suggesting the firm...
Dozens of companies, small business groups back US bill to rein in Big Tech Published 13 Jun, 2022 06:53pm WASHINGTON: Dozens of companies and business organizations are sending a letter to US senators on Monday to urge ...
Russia opens cases against Google, other foreign tech over data storage Published 27 May, 2022 08:09pm Russia’s communications regulator Roskomnadzor said on Friday it had opened administrative cases against Alphabet...
Big tech ad revenue growth to taper as pandemic bubble pops Published 27 May, 2022 05:50am DALLAS: After unprecedented revenue growth last year, digital platforms including Alphabet Inc, Meta Platforms Inc,...
EU agrees deal to tame internet ‘Wild West’ Published 24 Apr, 2022 05:36am BRUSSELS: The European Union early Saturday finalised new legislation to require Big Tech to remove harmful content,...
Investors back ESG stock funds even as tech slide hurts returns Published 12 Feb, 2022 05:09am Investors continued to flock to environmental, social and corporate governance (ESG) stock funds in January despite ...
In heated meeting, India seeks tougher action from US tech giants on fake news Published 02 Feb, 2022 03:44pm NEW DELHI: Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively...
EU lawmakers back rules to curb Big Tech Published 20 Dec, 2021 06:29am STRASBOURG: The European Parliament on Wednesday approved its proposal for major EU legislation to impose...
Europe’s battle to curb Big Tech Published 13 Dec, 2021 06:45am PARIS: US tech giants Google, Apple, Facebook, Amazon and Microsoft have been accused of not paying enough taxes,...
Big Tech, chipmakers power Nasdaq as Omicron worries subside Published 08 Dec, 2021 06:22am NEW YORK: The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the...
UK watchdog orders Facebook owner Meta to sell Giphy Published 30 Nov, 2021 07:41pm LONDON: Facebook owner Meta has been told by the UK competition watchdog to sell popular animated images platform...
Wall Street rises as Big Tech, financials gain Published 12 Oct, 2021 04:44am NEW YORK: US stock indexes rose on Monday as growth and financial stocks gained, shrugging off inflation worries in...