Elizabeth Holmes Admits Doctoring Lab Reports With Pharma Company Logos
An anonymous reader quotes a report from NBC News: Theranos founder and former CEO Elizabeth Holmes returned to the witness stand Tuesday, confirming key aspects of the prosecutor's allegations behind the 11 counts of fraud she faces, but asserting t.....»»
Morgan Stanley hikes Apple stock target after unexpectedly positive earnings
Despite a recent Apple stock price target cut bank Morgan Stanley is amongst Apple's biggest bulls — and it has proven that by nudging the company's price target up to $216.An Apple Store signMorgan Stanley was oddly bullish about Apple even as it.....»»
Foxconn saw best-ever April revenues partly because of better than expected iPhone demand
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification.Workers in a Foxconn factoryIn March 2024, Foxconn's parent company Hon Hai Precision.....»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
Hydrostor, a leader in compressed-air energy storage, aims to break ground on a 200-MW plant in New South Wales by the end of this year. It wants to follow that with a 500-MW facility in California......»»
Luminar lays off 20% of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an 'asset light' model that includes outsourcing industrialization......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
Ecobee is shutting down some of its very first products
Even after a commendable 16-year runtime, the company is offering discounts. Enlarge / The first Ecobee Thermostat, may it rest in peace. (credit: Ecobee) Ecobee is killing off some of its oldest thermostats. The "Ecobee.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
NOAA reports continued drop in overfishing
In a report released May 2, NOAA Fisheries announced that 2023 saw a record low for the number of fish stocks subject to overfishing. The annual "Status of the Stocks" report is an assessment of the 506 stocks and stock complexes managed by NOAA Fish.....»»
Japanese satellite chases down space junk
A satellite from Japanese company Astroscale has taken an up-close image of a piece of space debris it has been chasing down......»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Tim Cook confirms Apple will discuss ‘big plans’ for AI at next week’s iPad event
Apple CEO Tim Cook has confirmed that the company will discuss AI at its iPad event next week. Cook is quoted as saying Apple has “big plans to announce” for AI during its May event and June developer conference. more….....»»
One UI 6.1 with Galaxy AI Rolling Out to Galaxy S22, Galaxy S21 & More
Samsung has begun pushing its One UI 6.1 update with Galaxy AI features to a slew of Galaxy devices today. In April, Samsung confirmed plans to bring its One UI 6.1 update to older Galaxy models in May and the company has made good on its promise. On.....»»
watchOS 10.5 Takes Another Step Toward Release
Apple’s watchOS 10.5 update for Apple Watch took another step toward its final release this week. Apple recently released the fourth version of the watchOS 10.5 beta. The new version arrived just a week after the company pushed the third beta t.....»»
Apple will bring sideloading and other EU-mandated changes to iPadOS this fall
Company also updates fee policy for devs who don't use Apple's App Store. Enlarge (credit: Andrew Cunningham) Starting in March with the release of iOS 17.4, iPhones in the European Union have been subject to the EU's Di.....»»