Search results for "apple INc"

Google Launches Ripple Project, as Automakers League Rears to Challenge Tesla

Google uncovered plans to bring forth an open-source application programming interface (API) standard called Ripple Project that would help bring multi-functional small chips to various devices, including electric vehicles (EV). Since 2015, Google openly revealed that it was entering the gates of chip-making with its tiny radar chips that can keep score of sleep schedules, […]

Futures Mixed as Tech Stocks Still Weak, Banks Rally

U.S. stock index futures were mixed on Thursday, with economy-linked banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve’s hawkish signals. The tech-heavy Nasdaq plunged more than three percent on Wednesday, its biggest one-day percentage drop since February, while the Dow slipped from an intra-day record […]

Sony Looks to Electric Cars for its Next Big Hit

Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, […]

China pursues tech 'self-reliance,' fueling global unease

To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]

Alibaba assures investors with 2030 Climate Agenda

E-commerce giant Alibaba eased its financial backers during its annual Investors’ Day on Friday as the company maintained its rise and is seeking to explore operational environmental sustainability goals by 2030. Over the past year, the Chinese titan has been fighting off a bundle of challenges directed at it, be it regulatory or in-house challenges, […]

Smartphone producer Foxconn announces electric car venture

TAIPEI, Taiwan (AP) — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. […]

Didi shares gain 1% after early jump in Wall Street debut

Didi Global Inc., a Chinese ride-hailing service, gained 1% Wednesday in its highly anticipated U.S. stock market debut, giving up most of a early double-digit gain. The Beijing-headquartered company’s initial public offering of 288 million shares was priced at $14 a share and opened at $16.65, up 16%. The shares closed at $14.14. Prior to […]

Biden widens list of Chinese firms off-limits for investment

China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance. The White House issued the update late Thursday to an order signed last year by Biden’s predecessor, Donald Trump, that added […]

TikTok joins the Technology Coalition to fight online child abuse

Popular Chinese video-sharing app TikTok announced earlier last week that it has joined the Technology Coalition, an organization that works to protect children from online sexual exploitation and abuse. The social media mammoth joins a setlist of Big Tech names enrolled in the organization such as Adobe, Amazon, Apple Inc., Discord, Dropbox, Google, Microsoft, Facebook […]

Global Smartphone Market shows 24% growth in Q1 2021, report shows

Over the years, many tech pundits have repeatedly said that the peak smartphone era has ended and is long gone; and the numbers backed up those claims. A report by International Data Corporation (IDC) showed that the smartphone market saw negative growth for five quarters in a row, including the entirety of 2018. It appeared […]