Computer hardware
Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
Seagate Technology’s headquarters in Scotts Valley, California. Tony Avelar | Bloomberg | Getty Images Data storage firm Seagate is working to develop a 100-terabyte hard drive by 2030, touting blistering demand from data centers for the 70-year-old technology in the artificial intelligence boom. BS Teh, Seagate’s chief commercial officer, told CNBC that the company is […]
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These are 3 big things we’re watching in the stock market this week
The stock market bounce last week showed once again just how dependent Wall Street has become on the whims of the White House. Case in point: The S & P 500 sank more than 2% this past Monday as President Donald Trump was attacking Federal Reserve Chairman Jerome Powell and providing scant details on tariff […]
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More trifold smartphones are popping up after Huawei’s $3,600 splash
BARCELONA — China’s Huawei isn’t the only smartphone maker adding a third display to its devices. At the Mobile World Congress (MWC) trade show in Barcelona, a number of firms were showing off their display technology innovations. The South Korean tech giant Samsung revealed its new “trifold” concept devices at the event: the Flex G […]
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Smartphone startup Nothing tries to stir market out of ‘sea of sameness’ with $400 phone
The Nothing Phone (3a). Nothing BARCELONA — British smartphone startup Nothing on Tuesday debuted a new handset it hopes can shake the mobile industry out of a perceived innovation slowdown. Nothing launched its new Phone (3a) device, a budget phone that comes with an unusual design featuring multiple different shapes and so-called “Glyph” lights on […]
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Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple plans to open a new factory for artificial intelligence servers in […]
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Apple’s gross margin hits record as services business keeps growing
Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting for the cost of […]
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From Musk to Nadella: Trump’s $500 billion AI project stirs drama among the biggest names in tech
L-R: Satya Nadella, CEO of Microsoft, Marc Benioff, Chairman and CEO of Salesforce, and Elon Musk, CEO of Tesla and SpaceX. Reuters Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project. Earlier this week, Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions […]
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Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit
Distance Technologies develops a product that it says can turn any transparent surface into an augmented-reality display. Distance Technologies Distance Technologies, a Finnish startup that aims to bring mixed-reality technology to any car windshield or plane cockpit, has raised 10 million euros ($11.1 million) of funding from GV, the venture capital arm of Alphabet and […]
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India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted […]
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Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16
Huawei was set to launch its tri-fold Mate XT phone on Tuesday. Screenshot BEIJING — Chinese smartphone company Huawei said Tuesday its trifold smartphone will start at the equivalent of more than $2,800. The phone began pre-orders on Saturday and is set to begin in-store sales on Sept. 20. That’s the same day Apple’s new […]
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