Alphabet’s cash is produced almost entirely by its search advertising business, which has been supplemented by strong growth from YouTube. Photograph: Getty

The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade, has passed to G(...)

Snap: some remain cautious on the prospects for the loss-making company. Photograph: Reuters

As many as 9 million people rushed to sign up to Snapchat, the vanishing messaging app, in recent months to see what their face might look like if the(...)

Facebook is  launching a digital currency next week. Photograph: Lionel Bonaventure/AFP/Getty Images

Facebook’s shares climbed on Friday following reports detailing the company’s plans to launch a digital currency, due to be unveiled next week. Detai(...)

The share buybacks by Apple, Alphabet, Cisco, Microsoft and Oracle since Donald Trump’s tax change came into force at the end of 2017 are nearly double what the companies spent in the whole of last year.  File photograph: Carlos Barria/Reuters

The five US tech companies with the largest cash piles took advantage of US president Donald Trump’s tax reforms to spend more than $115 billion in th(...)

Amazon’s own brands batteries. Photograph: Jens Mortensen/The New York Times

It started with a simple battery. Around 2009, Amazon quietly entered the private-label business by offering a handful of items under a new brand cal(...)

Patrick Pichette: is to quit when a replacement is found

Patrick Pichette, the chief financial officer responsible for handling Google’s increasingly frayed relationship with Wall Street, is to quit when a r(...)

Google shares climbed as much as 3 per cent in extended trading. Photograph: Francois Lenoir/Reuters

Google sales exceeded estimates in the second quarter as the company sold more advertising alongside web-search results. Revenue, excluding sales pass(...)

Amazon has reported a loss for the second quarter of the year as operating expenses rose 23 per cent to $15.6 billion. Photograph: Paul Faith/PA Wire

Online retailer Amazon has announced a surprise reversal in profits after another period of booming sales failed to offset a surge in costs.The intern(...)