How Big Tech’s pandemic bubble burst
New York CNN — In January 2021, Microsoft CEO Satya Nadella spoke in lofty terms about how the first year of the pandemic had sparked… Read More »How Big Tech’s pandemic bubble burst
economy and economic indicators
China’s crackdown on Ant and other tech giants is ‘basically’ over, top official says
Hong Kong CNN — China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be back… Read More »China’s crackdown on Ant and other tech giants is ‘basically’ over, top official says
Mike Sievert of T-Mobile is the CNN Business CEO of the Year
New York CNN — Investors saw a lot of red in 2022. But a company known for its magenta logo was a stock market darling… Read More »Mike Sievert of T-Mobile is the CNN Business CEO of the Year
Xiaomi layoffs: Thousands of tech jobs cut as China’s unemployment crisis deepens
Hong Kong CNN — Xiaomi, one of the world’s largest smartphone makers, has begun layoffs in China at a time when the world’s second largest… Read More »Xiaomi layoffs: Thousands of tech jobs cut as China’s unemployment crisis deepens
What the wave of tech layoffs tell us about the economy
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can… Read More »What the wave of tech layoffs tell us about the economy
Stocks mixed. Earnings have been mostly good. Just avoid tech
New York CNN Business — Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential… Read More »Stocks mixed. Earnings have been mostly good. Just avoid tech
Premarket stocks: Are tech stocks getting burned again?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can… Read More »Premarket stocks: Are tech stocks getting burned again?