The year-over-year fall is the worst performance of the top five PC manufacturers and comes amid fears of a recession and weakened consumer demand, IDC said.
Earnings from Chinese e-commerce giants JD.com and Alibaba have also indicated that consumers remain conservative about spending.
Owen Diaz, a former elevator operator at the company’s factory in Fremont, won the verdict in a retrial over damages.
The price of the crypto token dogecoin spiked 33% on Monday after Twitter replaced its familiar blue bird logo with the image of a shiba inu dog.
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing “video accounts” business.
The study, led by Stanford University researchers, challenges prior studies that suggest a Covid infection enhances a vaccinated individual’s immune response