Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
For most tech workers and investors, Thursday was another reminder of volatility's sting. For Elon Musk, it was another day on the road to the stratosphere.
Shares of Japan's SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector's lofty valuations.