FAANGer danger: big tech takes a beating

After a visit to Ukraine last week, our defence editor reports on a new phase of the war as Kyiv and other civilian targets are bombarded by Russian missiles. He also visits an elite Ukrainian drone unit. Why alcohol companies are scrambling to innovate. And remembering the life ...  Show more

The Federal Reserve has raised interest rates for the first time since July 2023. For the central bank’s new chair Kevin Warsh, that decision was a test both of monetary policy and politics. A governor’s election in Okinawa is a boon to Japan’s military ambitions. And why summer ...  Show more

 For years, the big tech firms Facebook, Apple, Amazon, Netflix and Google were seen as a collective good bet; investors will soon judge them each on <a href="https://www.economist.com/business/2022/02/04/metamorphosis-facebook-and-big-tech-competition?utm_campaign=a.io&u ...

Losses in big tech stocks as investors punish companies over earning reports. The Bank of England may vote to reduce interest rates this week. Fallout after a Hizbollah attack on the Golan Heights.

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Yesterday, Meta/Facebook held an earnings call and things went poorly right out of the gate. By the time the call was over, the company was poised to shed 200 billion dollars in value. What happened? Plus, more news in tech. Learn more about your ad-choices at https://www.iheartp ...  Show more

Financial companies scramble to rework contracts after US Federal Trade Commission rule bans non-compete agreements, the largest western banks that remain in Russia paid the Kremlin hundreds of millions of euros in taxes last year, and Turkey is in talks with the US energy sup ...