Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]
Apple has posted its first iPhone sales increase in China in two years, marking a key turnaround in one of its most vital markets, according to Counterpoint Research. In the quarter ending June, iPhone sales in the country rose 8% year-over-year. This growth was largely driven by strategic price reductions and promotional campaigns in May, […]
Artificial intelligence has become a major catalyst for digital advertising growth, propelling industry giants like Meta and Alphabet to deliver quarterly sales and earnings that exceeded market forecasts. Meta CEO Mark Zuckerberg credited AI for driving “greater efficiency and gains across our ad system,” helping push second-quarter revenue up 22% year-over-year to $47.52 billion. Meta […]
NEW DELHI — India has set its sights on becoming a major player in the global semiconductor industry, pledging investments worth 1.6 trillion rupees ($18.2 billion) to build a full-fledged chip ecosystem. The push comes as nations worldwide race toward semiconductor self-reliance, following U.S. restrictions on advanced chip exports to China in 2022. For India, […]
After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]
Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]
Alibaba has announced the launch of its first-ever smart glasses, powered by its in-house artificial intelligence, signaling the tech giant’s entry into the wearable tech market. The new device — called the Quark AI Glasses — is set to debut in China by the end of 2025 and will run on the company’s Qwen large […]
Bees are vital to global food production, pollinating more than one-third of the crops humans consume. Yet, the population is collapsing at alarming rates — with around 40% of colonies dying off each year, according to data shared by California-based startup Beewise. Climate change, pesticide use, wildfires, and increasingly violent storms are among the biggest […]
Oura announced Tuesday that it has secured over $900 million in a Series E funding round, pushing the Finnish wearable tech company’s valuation to an impressive $11 billion. The round was led by Fidelity Management & Research Company, with new investor ICONIQ joining alongside existing backers Whale Rock and Atreides. “With this funding, we’re accelerating […]
Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]