Equity markets took a hit due to the 'higher for longer' interest rate scenario, alongside a hawkish outlook from the Fed which plans reduce only twice in 2024...
Continue ReadingQualcomm on Tuesday gave details about a chip for Microsoft Windows-based laptops that it claims will be faster at some tasks than Apple's chips for Mac computers. Qualcomm executives said the company's new Snapdragon Elite X chip will be available in laptops starting next year and has been redesigned to better handle artificial intelligence tasks like summarizing emails, writing text and generating images. Those AI features will also factor into Qualcomm's chips for smartphones, with Alphabet's Google and Meta both saying Tuesday they plan to take advantage of them...
Continue ReadingThe chipmaker is trying to carve out a niche for itself with AI chips geared towards smartphones and laptops...
Continue ReadingGoogle Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful...
Continue ReadingSeptember-ending quarter results from Corning's Display Technologies segment, for example, saw its revenue rise 5% sequentially but more than 40% year over year. Corning is among the companies that make parts used in smartphones, such as the iPhone. Corning is a known Apple partner...
Continue ReadingApple announced its second product event of the season, a month after introducing its new iPhone 15 lineup. New iMacs are likely...
Continue ReadingQualcomm on Tuesday gave details about a chip for Microsoft Windows-based laptops that it claims will be faster at some tasks than Apple's chips for Mac computers. Qualcomm executives said that the company's new Snapdragon Elite X chip will be available in laptops starting next year and has been redesigned to better handle artificial intelligence tasks like summarizing emails, writing text and generating images. The announcement comes a day after Reuters reported that Microsoft has encouraged Qualcomm, Nvidia and Advanced Micro Devices to come up with new chips to handle a bevy of new AI features in Windows, the world's most popular PC operating system...
Continue ReadingApple, the world's largest tech company, said on Tuesday that it will back a U.S. right-to-repair bill, following years of complaints from consumer advocates that its sleek devices are difficult and expensive to fix. The announcement is part of a broader push by President Joe Biden to promote competition and crack down on so-called junk fees and other actions that increase prices for consumers. Apple also on Tuesday said it would make parts, tools and documentation needed to fix its iPhones and computers available to independent repair shops and consumers nationwide, a move that could help push other companies to follow suit...
Continue ReadingWASHINGTON (Reuters) -Apple, the world's largest tech company, said on Tuesday that it will back a U.S. right-to-repair bill, following years of complaints from consumer advocates that its sleek devices are difficult and expensive to fix. The announcement is part of a broader push by President Joe Biden to promote competition and crack down on so-called junk fees and other actions that increase prices for consumers. Apple also on Tuesday said it would make parts, tools and documentation needed to fix its iPhones and computers available to independent repair shops and consumers nationwide, a move that could help push other companies to follow suit...
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