When Apple introduced the world to the iPhone in 2007, it was met with skepticism and doubt. However, over the past two decades, the iPhone has proven to be a truly transformative device, revolutionizing the smartphone market and propelling Apple to unprecedented heights of success. With over 2.3 billion units sold and 1.5 billion active
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Intel, one of the leading chipmakers in the world, experienced a significant drop in its share price, falling 12% on Friday. This decline marked the steepest drop since July 2020. The catalyst behind this downward spiral was Intel’s forecast for the current quarter, which fell well below analysts’ estimates. While Intel’s earnings report showcased impressive
In a shocking revelation, Hewlett Packard Enterprise (HPE) announced on Wednesday that its cloud-based email system had been compromised by the infamous Russian state-sponsored hacking group known as Midnight Blizzard or Cozy Bear. This disclosure was made in a regulatory filing, wherein HPE stated that it was first notified about the breach in December 2023.
In a recent court filing, it was revealed that Binance founder Changpeng “CZ” Zhao’s request to travel to the United Arab Emirates (UAE) was denied by a federal judge. The request was made in relation to the “hospitalization and surgery” of a person in Zhao’s life. Despite offering to post his Binance equity worth $4.5
SAP, the German software company, has recently announced plans to carry out voluntary buyouts or facilitate job changes for 8,000 of its employees as part of a restructuring program for 2024. The company aims to reposition itself for faster growth by focusing on artificial intelligence and cloud technologies. This article delves into the details of
Apple’s Vision Pro generated a buzz when preorders opened, quickly selling out within hours. However, the extended shipping times that appeared soon after may be an indication that demand for the product is waning. According to Ming-Chi Kuo, a top Apple analyst at TF International Securities, shipping times for all models of the Vision Pro
Apple has recently made an offer to allow competitors access and interoperability with its contactless payment technology, Apple Pay, in an attempt to address antitrust concerns raised by regulators in Europe. The European Commission has expressed reservations about the exclusivity of Apple Pay on iOS devices, stating that it may restrict competition in the market
In a groundbreaking move, OpenAI announced its first-ever collaboration with a higher education institution, Arizona State University (ASU). This partnership aims to revolutionize the field of education by providing full access to OpenAI’s powerful ChatGPT Enterprise platform. With this cutting-edge technology, ASU plans to explore innovative applications such as coursework assistance, tutoring, research support, and
In a bold move to disrupt the mobility technology space, German startup Vay has launched its groundbreaking “teledriving” solution in the United States. This puts the company in direct competition with deeply funded American firms that have dominated the market thus far. With substantial investments totaling $110 million from influential entities like Kinnevik, Coatue, and
In a surprising move, Elon Musk, the CEO of Tesla and SpaceX, expressed his desire to gain approximately 25% voting control over his electric vehicle company. This announcement comes after Musk already owned around 13% of Tesla, which accounts for roughly 411 million shares out of the company’s 3.19 billion outstanding common stock shares. This