Back to Search Start Over

Big Tech Feels Economic Chill As Sales Falter.

Authors :
MICKLE, TRIPP
Weise, Karen
Grant, Nico
lark, Don C.
Mac, Ryan
Source :
New York Times. 10/27/2022, Vol. 172 Issue 59589, pA1-A16. 2p.
Publication Year :
2022

Abstract

The article reports on how economic issues in the U.S. like high inflation and rising interest rates are affecting the financial performance of technology companies like Google, Meta and Microsoft. Other topics include the adjustments being made by the firms to cope with a slowdown in consumer spending, and the steps taken by Amazon to cope with the slowdown like shelving warehouse expansion plans and canceling new leases as of October 2022.

Details

Language :
English
ISSN :
03624331
Volume :
172
Issue :
59589
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
159875708