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Market exerts its power over Google

Google founders Larry Page and Sergey Brin are still among the richest people in the world, but they are worth a lot less this week than they were last. The decline in their fortunes, and that of Google parent company Alphabet Inc. after a disappointing earnings report, should sound a note of caution — not just to investors, but to ...

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Samsung’s secret weapon finally lost its firepower

It was only a few years ago that the term OLED elicited excitement among consumers and investors. Organic light-emitting diodes were the hippest new display technology because they offered better screen quality while using less power. Smartphone makers were keen to preach the technology’s virtues in order to juice sales. When Apple Inc. finally joined the party in 2017, it ...

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A wake-up call for the perfect economy

Anyone who still thinks Australia’s economy is an all-conquering model of perfection is likely to get a wake-up call soon. A 28-year run of expansion has had people abroad fawning over life Down Under — Federal Reserve Chairman Jerome Powell among them. For all the superlatives, though, the local central bank considers everything far from rosy. Reserve Bank of Australia ...

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