The Latest Breaking News from Canalys

Global smartphone sales have slumped this year amid a "gloomy economic outlook," prompting people to spend money on essentials instead of the latest gadgets, according to a market tracker. Smartphone sales in the recently ended quarter were nine percent less than in the same period a year earlier, hitting a…

Declining sales of personal computers have slammed shares of PC makers and chip suppliers. Now Microsoft stock is in the crosshairs.

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition.

Tesla, Inc. (NASDAQ: TSLA) is still the leader of the EV industry, but its dominant market positioning is at risk, according to a new report from Canalys.

The big three cloud vendors outperformed the Big Techs this reporting season. Here's a look at how their cloud businesses fared in the quarter. Cloud Spending Buoyant In Q4: Worldwide cloud infrastructure services spending topped $50 billion in a quarter for the first time in the fourth quarter of 2021, research firm…

The U.S. government is reviewing e-commerce giant Alibaba Group Holding Ltd's (NYSE:BABA) cloud business to determine whether it poses a risk to U.S. national security, Reuters reports. The U.S. focuses on how Alibaba stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it. …