Uber’s first-day share drop cost new investors a record US$617 million. Is the market losing its appetite for serial loss-makers?
Apple's Tim Cook has said the tech giant is mainly looking to acquire intellectual property and talent when it buys up companies.
In the US, the Nasdaq and the S&P both closed down 0.5% after having tumbled earlier. The Dow Jones finished down 0.3%, having lost almost 1.8% earlier in the day.
The skeletal car will give tech heads and car lovers a glimpse into the future when it is unveiled in Hanover on 15 June.
The social media platform has long faced criticism for facilitating the spread of misinformation and hate speech.
The technology company reported US$36.3 billion in revenue, representing a 17% increase but also its slowest revenue growth for a quarter since 2015.
The US opioid epidemic has been acknowledged by President Trump as a public health emergency. “As Americans, we cannot allow this to continue,” he said. “It is time to liberate our communities from this scourge of drug addiction.”
Spanning a wintry fortnight in Sydney, Sydney Film Festival grips the city each year, inspiring hordes of rugged-up festivalgoers to shuffle between grand city theatres, regional hubs and pop-up bars for an eclectic program that features hundreds of selections from every imaginable shade of filmmaking.
"The transition that's going on in the electric sector in the United States has been phenomenal," said Research Analyst Dennis Wamstead.