Indian tech companies have taken a big share-price hit this week, as confusion reigns over US President Donald Trump’s attempts to curtail immigration amid the COVID-19 crisis. Trump has already issued a…
Tech Stock Plunge Wipes $10bn From Giants’ Value
The ten most valuable US tech companies have suffered a combined $82.7 billion value loss today, led by Facebook’s continued slide. The social media firm, whose value plummeted by a record $124bn…
Slow Growth and a European Exodus – But Don’t Ring Facebook’s Death Knell Yet
Facebook is having a week to forget. On Wednesday the social media giant revealed that revenue growth would “continue to decelerate in the second half 0f 2018” – and that it had…