Mobile
Apple unveils cheaper iPhone 16e powerful enough to run AI
Tim Cook, chief executive officer of Apple Inc., 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 announced a new iPhone model on Wednesday that is priced lower than its […]
Read More
A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s […]
Read More
TikTok returns to Apple, Google app stores
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect […]
Read More
Arm shares rise on report that Meta will buy its first chip
Outside view of the newly completed Meta’s Facebook data center in Eagle Mountain, Utah on July 18, 2024. George Frey | Afp | Getty Images Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers. The Financial Times […]
Read More
Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in […]
Read More
Apple brings its TV streaming service to rival Android platform
Britt Lower and Adam Scott in “Severance,” now streaming on Apple TV+. Source: Apple TV+ Apple TV+ is now available on Android devices as the iPhone maker on Wednesday released its video streaming service for Google’s mobile computing platform. It’s unusual for Apple to release Android apps. The company typically focuses on software for its own […]
Read More
Pinterest shares surge as much as 20% after company beats on fourth-quarter revenue, shows strong user growth
Sopa Images | Lightrocket | Getty Images Pinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $1.15 billion vs. $1.14 billion expected Fourth-quarter EBITDA: $470.9 million adjusted vs. $444.8 million expected […]
Read More
Qualcomm tops estimates for earnings and revenue on strong smartphone demand
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted, […]
Read More
AMD reports profit beat, but misses on data center revenue
AMD CEO Lisa Su. Courtesy: AMD Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 6% in extended trading as the company missed estimates in its key data center segment. Here’s how the chipmaker did, versus LSEG consensus estimates for the quarter […]
Read More
Apple launches app for party invitations in recurring revenue push
Apple CEO Tim Cook gestures as he poses on the red carpet during arrivals for the screening of the mini-series “Disclaimer”, out of competition, at the 81st Venice Film Festival, in Venice, Italy August 29, 2024. Louisa Gouliamaki | Reuters Apple on Tuesday released a new app for creating invitations and sending them to contacts. […]
Read More