Here are two tech stocks to invest in to avoid US-China trade exposure: Top tech analyst

Facebook and Netflix are great choices for investors in the near term even as the threat of a heightened U.S.-China trade war looms over the technology sector, Mark Mahaney, lead technology analyst at RBC Capital Markets, told CNBC on Wednesday.

U.S. stocks were rebounding Wednesday after the Trump administration said a Chinese delegation coming to Washington still intends to reach a trade agreement. The tech-heavy Nasdaq was trading modestly higher early afternoon Wednesday after closing down nearly 2% Tuesday.

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Oracle is laying off more than 900 people in China, reports say

U.S. database and cloud computing company Oracle is planning to lay off more than 900 people from its China operations, local news outlets reported, citing an internal announcement Tuesday morning.

The dismissals will primarily come from Oracles local research and development base of 1,600 employees, the reports said. The Beijing location will terminate 500 staff, a move seen as a step toward shutting down the center completely, according to Chinese media.

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Lyft riders in Phoenix will soon be able to hail Waymo driverless cars

AlphabetsWaymo unit said on Tuesday that its self-driving vehicles will be available in the Phoenix area for users of ride-hailing serviceÂLyft.

As a first step, well deploy 10 Waymo vehicles on Lyft over the next few months, Waymo CEO John Krafcik wrote in a post on Medium.Once Waymo vehicles are on the platform, Lyft users in the area will have the option to select a Waymo directly from the Lyft app for eligible rides.

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The new Google phone is the best bang-for-your-buck Android phone you can buy

People arent buying smartphones like they used to, primarily because theyve gotten so expensive that consumers are hanging on to them for three or four years.

Apples iPhone sales have plateaued. IDC said 2018 was the worst year ever for smartphone shipments. Alphabet-owned Google knows this too. In its most recent earnings it said Pixel sales, included in itsother category of revenues were falling.

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Uber drivers will go on strike over pay and benefits ahead of the company’s $90 billion IPO

Drivers for ride-hailing services Uber and Lyft are planning to turn off their apps Wednesday to protest low wages and other gripes.

The strike comes just two days ahead of Ubers IPO, which is expected to be the largest among new tech stock debuts this year with an expected valuation of $80.53 billion to $91.51 billion on a fully diluted basis.

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