Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy.
Category: Computers and the Internet
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Amazon Earnings: Return to Profitability But Slow Growth Signaled Ahead
The New York Times – Business:The e-commerce giant, which also turned a profit in its latest quarter, indicated sales in the holiday period might rise at their lowest level since 2001.
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Chip Makers, Once in High Demand, Confront Sudden Challenges
The New York Times – Business:Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.
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Microsoft Quarterly Earnings Show Slowest Growth in Five Years
The New York Times – Business:The technology giant faced a strong U.S. dollar and weakening demand for personal computers in its latest financial results.