Business

Huawei's Q1 sales down 14% as U.S. sanctions remain

Chinese telecoms equipment and smartphone maker Huawei's sales fell 14% in January-March from a year earlier as it pumped money into research and development while grappling with U.S. sanctions, according to figures released ...

Internet

Facebook controversy raises ethical questions for corporations

This week, Facebook whistleblower Frances Haugen testified about the tens of thousands of pages of internal documents she leaked exposing how Facebook prioritized profits over the public's safety and called on lawmakers to ...

Business

Zoom reports big 3Q gains, but slowing growth sinks stock

Zoom's videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build upon its recent success after a ...

Business

COVID-19 hastens fintech adoption while industry seeks guidance

Unique circumstances created by the COVID-19 pandemic forced more Americans to get comfortable with financial technology, while leaving the industry wondering whether regulators will devise a reliable legal framework to support ...

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