Giants of Big Tech are slated to disclose how their businesses faired in the third quarter of this year with firm financial footing despite turbulent politics and the coronavirus pandemic.
Apple announced four new iPhones with 5G connectivity and said it was shrinking the size and price of its HomePod speaker.
Analysts expect Apple to introduce a selection of iPhone 12 models in multiple sizes tailored for the super-fast 5G telecom networks taking root worldwide, with strong demand for the model anticipated in China.
Amazon, Apple, Facebook and Google "engage in a form of their own private quasi regulation that is unaccountable to anyone but themselves," US lawmakers say in a newly released report.
The US Commerce Department bans downloads of TikTok and WeChat use within the United States as they "threaten national security" amid rising US-China tensions.
The American technology giant at present uses third-party online and offline retailers to sell its products in the south Asian country.
TikTok's decision comes weeks after US President Donald Trump signed an executive order giving Americans 45 days to stop doing business with video app's Chinese parent company, Bytedance.
The iPhone maker reached the $2 trillion milestone in Wednesday's early stock market trading when its shares surpassed $467.77. It came just two years after Apple became the first US company with a $1 trillion market value.
Suit filed on the same day after Apple boots Fortnite from its online marketplace, after Epic added a payment system that let player transactions bypass the App Store system, saving money in the process.
The tech giant will be second in the world, after Saudi Arabia's Aramco, to hit the milestone if its market value surges past the second trillion.
The company reports 50 percent drop in profits for the first half of the year. Five other leading oil firms, BP, Chevron, ExxonMobil, Royal Dutch Shell and Total, recently reported combined losses of $53 billion for the second quarter.
The Pixel 4a will be available August 20 after months of delay caused by supply problems triggered by the Covid-19 pandemic and comes at a budget-friendly price compared to previous models.
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