Tag: Technology Hardware

Growth in Varian and the company’s imaging and advanced-therapies segments helped drive revenue

Samsung Electronics forecast limited earnings growth in the current quarter after better-than-expected net profit for the fourth quarter, as profitability at its core semiconductor business continued to weaken.

The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.

Apple reported its fiscal first quarter earnings after the bell on Thursday, beating expectations on the top and bottom lines but falling short on iPhone revenue. Sales out of the company’s Greater China region were also lower than Wall Street anticipated in the quarter.

IBM reported fourth-quarter earnings results that came in ahead of Wall Street expectations, citing strong demand for new AI projects

Sony has chosen long-serving finance head Hiroki Totoki as its next chief executive as the Japanese technology group overhauls its leadership while steering a multibillion-dollar push into producing more original content.

Super Micro Computer stock was rising early Thursday, extending gains form the previous session. It’s getting a lift from broader market optimism.

Local smartphone makers Vivo and Huawei leapfrogged Apple to become the top two sellers in the Chinese market last year, dealing a blow to the iPhone maker as it struggles to introduce AI features on the mainland and fight competition from domestic rivals.

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

Samsung Electronics estimated operating profit more than doubled in the fourth quarter from the previous year, but its numbers on Wednesday fell far short of analyst expectations, fuelling concerns about the South Korean company’s continuing technological weakness.

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

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 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 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.

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 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 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.

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.

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