Alphabet’s disappointing Q4 ad revenue sparks a slide in shares
Alphabet’s robust year-end was overshadowed by Q4 ad revenue below expectations. CEO notes future focuses on AI, competing with ChatGPT-4.
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Fossil Group shifts focus to traditional accessories
Fossil exits smartwatch market, focuses on core strengths Fossil Group, a major player in the smartwatch market, has announced that it is quitting the smartwatch business and redirecting resources towards its core strengths in traditional watches, jewelry, and leather goods. This decision comes as t…
Spotify accuses Apple of ‘extortion’ with new App Store tax
Spotify opposes Apple’s EU DMA compliance measures, citing user experience issues, unfair competition, and antitrust concerns.
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Alphabet’s disappointing Q4 ad revenue sparks a slide in shares
Alphabet’s robust year-end was overshadowed by Q4 ad revenue below expectations. CEO notes future focuses on AI, competing with ChatGPT-4.
Companies
Fossil Group shifts focus to traditional accessories
Fossil exits smartwatch market, focuses on core strengths Fossil Group, a major player in the smartwatch market, has announced that it is quitting the smartw…
Companies
Spotify accuses Apple of ‘extortion’ with new App Store tax
Spotify opposes Apple’s EU DMA compliance measures, citing user experience issues, unfair competition, and antitrust concerns.
Companies
News: Zoom meetings are about to get weirder thanks to the Vision Pro
Zoom’s Apple Vision Pro app blends video meetings with physical spaces for an immersive experience, enhancing connectivity and collaboration.
Companies
News: Microsoft set for AI-powered revenue surge as stock pulls ahead
Microsoft, the new stock market leader, anticipates a 16% YoY growth driven by Azure and AI applications like Microsoft 365 Copilot.
Companies
Intel stock tumbles as chipmaker falls further behind in AI race
Intel’s stock price is facing a significant shake-up due to disappointing performance forecasts and competition in AI.
Companies
U.S. to announce billions in subsidies for advanced chips
Biden administration to announce multi-billion subsidies for semiconductor companies, aiming to boost U.S. chip production.
Companies
FTC investigates Microsoft, Amazon, Google investments in AI
FTC is investigating the multi-billion-dollar investments in AI startups OpenAI and Anthropic to assess risks to innovation and competition.
Companies
Tesla is set to construct a new $25,000 EV model by mid-2025
Tesla plans to launch its upcoming mass-market EV, in mid-2025, with the goal of positioning it as the most budget-friendly EV available.
Companies
IBM shares skyrocket over 13% to 10-year-high on AI focus
IBM’s shares experienced an impressive surge of over 13% to reach a 10-year high, driven by a strategic emphasis on AI services.
Companies
Microsoft becomes second company to reach $3 trillion market cap
Microsoft exceeds a $3 trillion market cap, second to Apple, fuelled by AI leadership.
Companies
News: Tesla says it will start making new EV model in second half of 2025
Tesla plans mid-2025 mass production of ‘Redwood,’ a compact EV, facing scepticism amid past delays.
Companies
News: Google settles AI-related chip patent lawsuit that sought $1.67B
Google settles $1.67B patent lawsuit with Singular Computing, accused of unauthorised use of AI chip technology.
Companies
Netflix hits Q4 subscriber peak with ‘The Crown’ and ‘The Killer’ and crackdown on account sharing
Netflix’s Q4 report boasts record-breaking subscriber growth, with 13.12 million additions, surpassing revenue expectations at $88.3 billion.
Companies
Apple seeks dismissal of $1 billion App Store lawsuit in the UK
Apple confronts a $1 billion App Store lawsuit in the UK, asking for dismissal. The tech giant’s developer fees are under global scrutiny.
Companies
News: SAP announces a restructuring plan covering 8,000 employees
SAP announces a robust transformation plan impacting 8,000 employees.
Companies
News: Apple pays $13.7 million Russian fine, antitrust agency says
Apple has settled a Russian fine of 1.2 billion roubles (US$13.65 million).
Companies
Apple beats Samsung, claims top spot in global smartphone sales
Apple surpasses Samsung’s market share for the first time in 12 years, but still faces challenges in China.
Companies
Samsung integrates Google’s generative AI in S24 series
Samsung collaborates with Google to seamlessly integrate advanced AI capabilities into the S24 series of smartphones.
Companies
Google Maps adds underground tunnels as quest to map everything continues
Google Maps introduces in-tunnel navigation, improving accuracy and convenience for underground travel.