Both Apple and TikTok were invited to testify at a congressional hearing on the relationship between big technology companies and China but neither will appear, according to the office of Sen. Josh Hawley. Hawley, a Missouri Republican who has made his disdain for big tech clear, will hold a hearing next week titled “Dangerous Partners: Big Tech & Beijing” in the Senate Judiciary committee’s...
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Stripe’s Revenue Growth Slid Last Year as Firm Burned Through Cash
Stripe’s revenue growth fell sharply last year and the firm was unprofitable, factors the payments giant will need to navigate while planning to either go public or raise money privately in the next year. The company’s gross revenue—the amount of sales it pulls in before paying out a significant chunk to credit card companies—was $14.4 billion last year, a person...
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
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