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Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:53
Panasonic Releases Lumix S5 IIX Mirrorless Camera with Extensive Video Features; First Look YouTube Video and Preorder at B&H Photo Video
Panasonic Releases Lumix S5 IIX Mirrorless Camera with Extensive Video Features; First Look YouTube Video and Preorder at B&H Photo Video
NEW YORK--(BUSINESS WIRE)--May 9, 2023--
2023-05-09 22:28
Andrew Tate throws shade at AI influencer profiting from men and dubs it 'computer trafficking', fans say 'OF girls have AI competition'
Andrew Tate throws shade at AI influencer profiting from men and dubs it 'computer trafficking', fans say 'OF girls have AI competition'
Andrew Tate's recent tweet marked a departure from his previous stance on the issue, where he advocated for people to embrace AI
2023-08-04 18:25
Threads launches on the web for everyone – apart from Europeans
Threads launches on the web for everyone – apart from Europeans
Instagram has now launched Threads on the web for everyone. The company launched Theads in early July, and it swiftly became the fastest-growing app in the world. But it has long been without key features of its rival Twitter, seemingly as a result of being released in a rush to capitalise on chaos at that company since Elon Musk bought it late last year. Those missing features have included a web version of the network, so that it can be viewed on desktop computers and other platforms. Now Adam Mosseri, the head of Instagram, has announced that the web experience is available for everyone at threads.net. “Let us know what you think,” he said in his announcement. On the site, one user pointed out that Mr Mosseri’s claim that it was “live for everyone” missed out the people of the European Union. Mr Mosseri confirmed that was still the case, writing that it was “unfortunate”. Instagram has never launched Threads in Europe. It has said that it is worried about regulatory uncertainty – over fears about upcoming rules including the Digital Markets Act – but it might also be an attempt to lobby against those same rules. As well as the web version. of Threads, Instagram has been scrambling to add missing new features to the site. Those have included a chronological feed and the addition of alt text on images. Many more are still waiting to be added, however. Threads does not have a proper search option, for instance – but Meta boss Mark Zuckerberg has indicated that is also being worked on. Read More Meta could finally launch Threads feature everyone is waiting for Mark Zuckerberg hits out at Elon Musk for wasting time over cage fight Zoom CEO raises eyebrows by saying people need to go back to the office
2023-08-26 00:22
Hilary Hammers California With Flooding Rain and Blackouts
Hilary Hammers California With Flooding Rain and Blackouts
The remnants of Tropical Storm Hilary pummeled California with flooding rains on Monday, disrupting flights and knocking out
2023-08-21 22:48
How to Watch Esports From Anywhere
How to Watch Esports From Anywhere
2023 lacks jet packs and flying cars, but one childhood fantasy for many of us
2023-10-14 02:27
MSI Issues Official Fix for 'Blue Screen of Death' Error Tied to Windows 11 Update
MSI Issues Official Fix for 'Blue Screen of Death' Error Tied to Windows 11 Update
MSI is finally rolling out a fix for a Blue Screen of Death error that’s
2023-09-07 01:46
Sky Labs’ Paper on Cuffless Blood Pressure Measurement Technology Published in Scientific Reports
Sky Labs’ Paper on Cuffless Blood Pressure Measurement Technology Published in Scientific Reports
SEOUL, South Korea--(BUSINESS WIRE)--Jun 27, 2023--
2023-06-27 21:27
Tesla Model Y Is Best Selling. There’s a Lesson For Ford, GM.
Tesla Model Y Is Best Selling. There’s a Lesson For Ford, GM.
The Tesla Model Y is a global hit. The Y's success is what GM, Ford, and other EV challengers need to repeat.
2023-07-24 02:57
Apple results show sales falling – but its big bet on services continues to pay off
Apple results show sales falling – but its big bet on services continues to pay off
Apple’s sales have fallen, and will continue to fall, the company warned in its latest results. But the company’s long-term investment in services – such as its streaming TV and music platforms and other monthly subscriptions – helped offset the fall in the number of people buying products such as iPhones and iPads. Apple shares dropped about 2% after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple‘s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the fourth quarter, but did not say how much. Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers. Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year. Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company’s fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data. “There is a real concern about when volume picks up and what the horizon is for iPhone sales growth,” said Daniel Newman, chief executive and principal analyst at research firm Futurum Group. Apple pegged the gross profit margin in the September quarter at 44% to 45%, above analyst expectations of 43.4%, according to Refinitiv data. While Appleexpects growth in its service segment that contains Apple TV+, iPad and Mac sales will fall by “double digits,” Maestri said on the call. Apple‘s research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year. Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies. “We’ve been doing research across a wide range of AI technologies, including generative AI, for years. We’re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people’s lives,” Cook said. “Obviously, we’re investing a lot, and it is showing up in the R&D spending that you’re looking at.” In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple‘s iPhone sales in China grew by “double digits” and that sales were also high in other segments in China. That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year’s same quarter. “This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,” Cook said. “We also set quarterly records in China for both wearables, home and accessories, and services.” Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers. “The company continues to face headwinds caused by waning growth in the smartphone market,” said Insider Intelligence analyst Jeremy Goldman. “All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.” Apple‘s services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data. Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago. The company’s wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data. Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data. “Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,” Cook told Reuters. Additional reporting by Reuters Read More Apple planning new version of AirTags – but not for some time The iPhone 15 is going to help Apple achieve one very big dream New iPhone might have a mysterious button on its side – and this is what it could do iPhone users urged to check their photo library amid fears they could be deleted Rumours are growing about some bad iPhone news Meta’s Twitter rival Threads sees ‘steep drop in daily users by 80 per cent’
2023-08-05 00:50
Venezuela: 'I'm paid to tweet state propaganda'
Venezuela: 'I'm paid to tweet state propaganda'
The Venezuelan government is paying people to tweet in support of it.
2023-05-26 08:15
When is Breeze Coming Back to Valorant?
When is Breeze Coming Back to Valorant?
Breeze is coming back to Valorant on Tuesday, Aug. 29 in Episode 7 Act 2 as Fracture and Pearl leave the map rotation.
2023-08-23 03:48