Tag: Technology Hardware

Apple steps up expansion of its News platform

Tech group now a force in driving revenues for publishers in US, UK, Canada and Australia

Apple’s China troubles mount as foreign phone sales sink for 4th month

Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday from a government-affiliated research firm, down for the fourth month.

Apple to pay $95 million to settle Siri privacy lawsuit

Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users’ privacy.

Apple offers iPhone discounts in China as competition intensifies

Apple is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the U.S. tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.

IBM’s Planned $6.4 Billion HashiCorp Takeover Faces U.K. Antitrust Scrutiny

The U.K.’s antitrust watchdog said it was considering whether International Business Machines’ planned $6.4 billion takeover of HashiCorp green up pointing triangle would affect competition.

Huawei cuts prices of a variety of high-end devices

Huawei cut the prices of a variety of high-end devices, including mobile phones, by up to 3,000 yuan ($411) over the weekend on one of China’s leading e-commerce platforms, it said in a post on its official Weibo social media account on Sunday.

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

Apple Plans Foldable iPhone Plan. What It Means for the Stock.

Artificial intelligence may not be the only area where Apple is branching out into new areas as it looks to get smartphone sales growing again. But iPhone users will still have to wait for serious upgrades.

Ciena Stock Tumbles as Earnings Misses Estimates. What We Know.

Shares of Ciena were trading lower after the optical networking equipment company reported disappointing quarterly earnings.

Apple adds ChatGPT to iPhone in latest iOS update

Apple on Wednesday started integrating OpenAI’s ChatGPT into its devices, delivering on a long-awaited feature that investors hope will help drive sales of its latest iPhones.

Apple plans three-year modem rollout to compete with Qualcomm, Bloomberg News reports

Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm Bloomberg News reported on Friday.

Apple says it uses Amazon’s custom AI chips

Apple is currently using Amazon Web Services’ custom artificial intelligence chips for services like search and will evaluate if the company’s latest AI chip can be used to pretrain its models like Apple Intelligence.

GM to Exit Michigan EV Battery Plant

Automaker plans to sell its stake to joint-venture partner LG Energy, the latest pullback in its electric-car investments

Dell shares fall on light forecast despite growing AI sales

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations Tuesday, despite bullish commentary from the company on AI sales growth.

HP Inc. Reports Mixed Earnings. The Stock Falls.

HP Inc. reported mixed earnings Tuesday. The stock fell 8.3% in premarket trading Wednesday

Huawei to launch phone with own software in sign of China-US splintering

Tech group aims to establish its alternative to iOS and Android as third major mobile operating system

Indonesia says Apple’s $100 mln investment proposal inadequate

Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday.

NetApp Stock Jumps After Earnings. It’s ‘Firing On All Cylinders.’

Shares of NetApp were trading higher Friday after the data-storage company turned in a strong quarter and raised its financial guidance.

Super Micro stock surges after company files plan to avoid Nasdaq delisting

Super Micro Computer stock rose as much as 29% in premarket trade on Tuesday after the AI server maker late Monday submitted a compliance plan with the SEC to avoid delisting from the Nasdaq.

Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge

Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 sedan.