Tag: Breaking News: Technology

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities...

Super Micro’s 45% plunge this week wipes out stock’s gains for the year

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The...

AI chatbots aren’t reliable for voting information, government officials warn

New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on February...

Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network

A depiction of Nexus satellites in a medium Earth orbit constellation.AstranisThe U.S. Air Force began deploying the Global Positioning System — more commonly...

Apple to buy Pixelmator, the iPhone image editing app with AI features

Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple's "It's Glowtime" event in Cupertino, California, on Sept. 9, 2024.Nic...

Super Micro’s $50 billion stock collapse underscores risk of AI hype

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty ImagesIn March, Super...

Higher taxes will make it harder for Britain to build ‘the next Nvidia,’ tech execs say

UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in...

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S....

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris | Bloomberg |...

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi.Reuters | Anindito MukherjeeSamsung Electronics on Thursday reported third-quarter sales...

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty...

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp...

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to...

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC's Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023.CNBCAmazon CEO Andy Jassy is...

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Tag: Breaking News: Technology

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