Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season. Demand for high-end smartphones assembled at Foxconn’s Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered […]
USA
The battle for mobile service and internet providers is raging in the United States, with AT&T and Verizon in direct competition. Both carriers offer excellent extensive service, and the margin of competition is slim. Yet the AT&T Verizon rivalry is hitting its peak currently, on many levels. Providing internet, phone services, and data plans, both […]
Quantum computer startup QuEra, born from researchers at Harvard University and the Massachusetts Institute of Technology, said on Tuesday its computer is now accessible to the public through Amazon.com cloud’s quantum computer service Braket. While there are various technologies for creating so-called quantum bits or qubits where the computations happen, QuEra’s qubits use neutral atoms […]
The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035, U.S. Secretary of State Antony Blinken said on Tuesday. The two governments signed a memorandum of understanding in Abu Dhabi setting out the framework of the […]
In a move that could set back China’s tech ambitions by as much as a decade, U.S President Joe Biden is chipping away at the China chip industry. This move aims to stifle Beijing’s tech and military ambitions. The actions are intended to stop China from receiving essential technology that may be used in a […]
Uber Technologies Inc on Tuesday forecast fourth-quarter operating profit above Wall Street estimates, betting on cost controls and rising demand for its rides as customers resume spending more on travel, sending its shares up 15 percent. With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared […]
In an expanding exodus of Twitter’s top management, officials including its advertising and marketing chiefs left the company in the past few days, according to statements and a person with direct knowledge of the matter. The departures come after billionaire Elon Musk’s $44 billion takeover of the company last week, followed by his firing of […]
Elon Musk finalized his takeover of Twitter. Avoiding a legal showdown with the company after Twitter sued him to honor the deal he made. Musk previously tried to back out of the value. But now it is all in the past, and Musk is the owner of Twitter. There are many hints on how Musk […]
Tesla Inc is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla’s driver assistance system Autopilot, […]
China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its footing after U.S. sanctions knocked its once mighty handset business. Huawei posted revenue of 445.8 billion yuan ($62.03 billion)for the first three quarters, 10 billion yuan less than it saw […]