Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as…
Tag: TECHNOLOGY
Amazon Tech giant cuts hundreds of jobs in cloud computing unit
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business. Amazon Web Services (AWS) has been growing…
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
share In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch of Hong Kong’s…
Xiaomi The Chinese smartphone giant taking on Tesla
Chinese smartphone maker Xiaomi is set to launch its first electric vehicle (EV) and begin taking orders on Thursday. Its chief executive Lei…
Superconductor claims spark investor frenzy, but scientists are skeptical
Last week, two papers by South Korean scientists made an extraordinary claim that sparked a social media frenzy and pushed up prices of…
Twitter threatens Threads lawsuit against Meta
Twitter has threatened to sue Meta Platforms (META.O) over its new Threads platform in a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer…
China’s Alibaba unveils AI image generator to take on Midjourney, DALL-E
HONG KONG – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form,…
Thomson Reuters to acquire legal AI firm Casetext for $650 mln
Thomson Reuters (TRI.TO) said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a…
Tokyo’s $7 bln buyout dials up global chip wars
A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR (4185.T),…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them,…