Tech

For tech, the euphoria of the pandemic is over - Media24

For tech, the euphoria of the pandemic is over – Media24

After two glorious years, the economic crisis has finally caught up with technology companies, especially social networks and large platforms which are facing the beginning of saturation. Only Amazon and Apple reassured the market somewhat on Thursday July 28 with better-than-expected sales, thanks in particular to the success of their star products. The e-commerce giant …

For tech, the euphoria of the pandemic is over – Media24 Read More »

For tech, the euphoria of the pandemic is over

For tech, the euphoria of the pandemic is over

Amazon and Apple reassured the market somewhat on Thursday with better-than-expected sales, after many disappointing performances from other tech companies battling the economic downturn. The e-commerce giant made more than $121 billion in revenue in the second quarter, up 7%, despite an unfavorable comparison with last year. Its stock jumped more than 10% in electronic …

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