Apple Inc
Microsoft announces new PCs with AI chips from Qualcomm
Satya Nadella, chief govt officer of Microsoft Corp., speaks during a company party on AI systems in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft is touting new computers with sophisticated chips developed to operate synthetic intelligence attributes of program for Windows, devoid of swiftly making use of up […]
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Are consumers pulling back on spending? It depends which CEO you ask
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels aren’t. The most recent […]
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Stocks making the biggest moves premarket: Apple, Nvidia, Li Auto and more
Check out the companies making headlines before the bell. Apple — Apple shares slipped less than 1% after Reuters reported the technology giant is implementing aggressive discounts on its iPhones in China. Micron Technology — Shares moved 2.3% higher after Morgan Stanley upgraded the semiconductor company to equal weight from underweight. The bank said it […]
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Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company
Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering until it resolved cybersecurity and privacy concerns. Bloomberg | Bloomberg | Getty Images Didi Global‘s co-founder Jean Liu has stepped down from […]
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Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft‘s Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted […]
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Steve Jobs’ former intern reflects on working for the tech mogul: ‘I worked 20 yards away from him every day’
Chet Kapoor, chairman and CEO of DataStax. Datastax As a teen, Chet Kapoor dreamed of working for tech mogul Steve Jobs. One day, that dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. “Steve was this iconic individual and I didn’t know him … I was […]
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Wayfair to open its first large store, as physical locations make a comeback
Wayfair store in Wilmette, Illinois. Courtesy: Wayfair What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers to […]
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China is still an important market even if investors diversify from it now, says Peak XV
Shailendra Singh. Lionel Ng | Bloomberg | Getty Images China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia. “The China Plus […]
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Warren Buffett downsized his Apple stake for tax explanations. This is what it implies
Warren Buffett astonished several by promoting a considerable part of his gigantic Apple stake, and his explanation for the sale was even more stunning. Buffett, who trimmed Berkshire Hathaway’s Apple holding by 13% in the very first quarter right after reaping great gains, advised that the sale was for tax explanations. He implied the sale […]
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Apple co-founder shares the best strategy his parents used while raising him: I’m ‘the same way with my own kids’
It’s an age-old question for parents: Should you push your children into specific activities and educational pursuits or fully let them follow their own passions? Apple co-founder Steve Wozniak, 73, says his parents took the latter approach — and he’s happier and more successful because of it. He used the same strategy when raising his […]
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