Tech markets news
Follow everything that's happening around technology
Here are some recent tech market news:
Apple hits $3 trillion market cap: Apple became the first company in history to reach a $3 trillion market capitalization in January 2022.
Facebook changes its name: In October 2021, Facebook changed its name to Meta, a move that reflects its increased focus on the metaverse and virtual reality technologies.
Tesla's market cap exceeds $1 trillion: In December 2021, Tesla's market capitalization surpassed $1 trillion, making it the first automaker to achieve this milestone.
Microsoft acquires Activision Blizzard: In January 2022, Microsoft announced its plans to acquire video game company Activision Blizzard for $68.7 billion, marking one of the largest acquisitions in the gaming industry.
Amazon's new CEO: In July 2021, Amazon's founder Jeff Bezos stepped down as CEO and was replaced by Andy Jassy, who previously led Amazon Web Services.
Google faces antitrust lawsuits: Google is facing antitrust lawsuits in multiple countries, including the US, the European Union, and South Korea, over allegations of anticompetitive behavior and abuse of market power.
Chip shortage affects tech industry: A global shortage of computer chips has disrupted the tech industry, causing supply chain disruptions and delays in the production of products like cars, smartphones, and gaming consoles.