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Text size Apple relies on the iPhone for more than half of its revenue. Justin Sullivan/Getty…

Steve Proehl | Corbis Unreleased | Getty ImagesApple said on Wednesday that it will raise pay for corporate and retail workers later this year. The move comes during a historically tight labor market in the U.S. and as employees contend…

Evan Spiegel, CEO and co-founder of Snap Inc.Adam Galica | CNBCSocial media companies were already having a rough year from the cutback in digital ad spending caused by rising inflation, supply chain challenges and the war in Ukraine.…

Tech companies haven't seen a selloff like since 2001 and the bursting of the dot-com bubble.The Nasdaq declined 3.8% this week, falling for a seventh straight week. It's the longest losing streak for the tech-heavy index in 21…

Text size Apple makes up 40% of Berkshire Hathaway's equity portfolio. Johannes Eisele/AFP via…

Tony Xu, co-founder and chief executive officer of DoorDash Inc.David Paul Morris | Bloomberg | Getty ImagesDoorDash stock rose over 10% in extended trading after the company reported 35% revenue growth in the first quarter, suggesting…

Former US President Barack Obama gestures as he speaks at the 2021 climate summit in Glasgow on November 08, 2021. NBC News reports Obama will return to the White House on Tuesday for the first time since he left office to promote the…

Sheryl Sandberg, chief operating officer of Facebook Inc.David Paul Morris | Bloomberg | Getty ImagesMeta Chief Operating Officer Sheryl Sandberg was reportedly part of a pressure campaign to prevent the Daily Mail from publishing an…

Charlie Munger (left) and Warren Buffett.VCG | Visual China Group | Getty ImagesHP's stock just had its best day in more than two years, and Warren Buffett's Berkshire Hathaway is almost $650 million richer because of it.In filing with…

Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC.Alex WongIn his battles with Big Tech, District of Columbia Attorney General Karl Racine…