Apple's sales fall for the third consecutive quarter

Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world's most valuable company.

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Amazon profit jumps and sales surge

E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets.

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Threads user count falls to new lows, highlighting retention challenges

Threads, Meta's Twitter rival, is struggling to retain users roughly a month after its highly publicized launch, according to fresh industry estimates showing that app engagement has fallen to new lows.

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'Zelda' sales breakout juices Nintendo's aging Switch

Japan's Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest "Zelda" title.

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China wants to limit minors to no more than two hours a day on mobiles

China is proposing new measures to curb the amount of time that kids and teens can spend on their phones, as the country takes aim at internet addiction and tries to cultivate "good morality" and "socialist values" among minors.

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Meta begins blocking news access on its platforms in Canada

Meta has begun to remove news content from Facebook and Instagram in Canada, the social media giant said Tuesday, in response to recently passed legislation in the country that requires tech companies to negotiate payments to news organizations for hosting their content.

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Amazon expands its virtual health clinic nationwide

Amazon's virtual clinic is now available in all 50 states and Washington, D.C., the company announced on Tuesday.

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Uber's post-pandemic growth is slowing

Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.

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Twitter sues hate-speech watchdog, following through on its litigation threat

Twitter has sued the Center for Countering Digital Hate (CCDH), a nonprofit group that has criticized the company's handling of hate speech, following through on a litigation threat that had been publicly revealed just hours before.

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'X' removed after being installed atop company headquarters following Twitter's rebrand

Officials from the San Francisco Department of Building Inspection on Monday morning observed that the new "X" on top of the building formerly known as Twitter's headquarters was being dismantled, according to Patrick Hannan, the department's spokesman.

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