Foxconn reports 10% drop in profits, says demand is declining
Apple's major iPhone supplier Foxconn saw its profits for the latest quarter drop a tenth compared to the year before.Foxconn has been investing in expansion in China, Vietnam, and India, but its latest Q4 earnings call included both the 10% drop, an.....»»
No, Intel isn’t blaming motherboard makers for instability issues
Recent reports say that Intel is blaming motherboard makers for a wave of instability issues, but that's not exactly what's going on......»»
Latest Google layoffs hit the Flutter and Python groups
The groups supported developers both inside and outside of Google. Enlarge (credit: Getty Images | Alexander Koerner) Another day, another round of Google layoffs. TechCrunch reports the company has axed people across d.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Apple working on fix for bug causing iPhone alarms to not play sounds
Over the last several weeks, a number of reports on social media have surfaced from iPhone users claiming their alarms don’t properly play a sound. Apple has since confirmed that it’s aware of this problem, and says it is working on a fix......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Here’s even more proof that AMD’s GPUs are in trouble
Reports indicate that MSI is slowly pulling away from making graphics cards for AMD......»»
No new Vision Pro before late 2026, and declining demand – neither matters
Mark Gurman’s latest Power On newsletter suggests that Apple isn’t expected to launch a new Vision Pro (or Vision something) model until the end of 2026. That follows another report last week, suggesting that demand for the spatial computer is.....»»
Apple"s iPhone factory shift has left a ghost town behind in China
Foxconn is closing factories in China as iPhone production moves elsewhere, and impacts beyond industry have been made crystal clear in a new video.A Foxconn facility signApple has long operated its production in China, but in recent years it has bee.....»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
New Apple Pencil to include haptic feedback and new gestures
Alongside the new iPad Pro and iPad Air lineup, Apple’s May 7 event will also feature updates to the iPad accessories, with new generation of Magic Keyboard and Apple Pencil. Bloomberg’s Mark Gurman reports today that the new Pencil will inclu.....»»
Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday
Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»
Gurman: New iPad Pro may actually be powered by the M4 chip, touting AI features
In a surprise move, Bloomberg’s Mark Gurman reports today in his Power On newsletter that the upcoming iPad Pro may actually be powered by the M4 chip, skipping the M3 altogether. The company would tout the AI capabilities of the new iPad range.....»»
Apple has reportedly resumed negotiations with OpenAI to power AI features in iOS 18
Some reports last month revealed that Apple was in talks with Google to use Gemini to power new AI features coming to iOS 18. Earlier this year, 9to5Mac also reported that Apple had been running internal tests with OpenAI’s ChatGPT. Now a Bloomberg.....»»
Putting Microsoft’s cratering Xbox console sales in context
Why declining quarterly numbers might not be awful news for Microsoft's gaming business. Enlarge / Scale is important, especially when talking about relative console sales. (credit: Aurich Lawson | Getty Images) Yesterda.....»»
Florida dolphin found with highly pathogenic avian flu: Report
The case of a Florida bottlenose dolphin found with highly pathogenic avian influenza virus, or HPAIV—a discovery made by University of Florida researchers in collaboration with multiple other agencies and one of the first reports of a constantly g.....»»
Here’s how that iPhone survived a 16,000-foot drop from the Alaska Airlines plane
Back in January, a fully intact iPhone was discovered along the side of the road after plummeting 16,000 feet when a door blew off an Alaska Airlines flight. At the time, we pointed out that it was pretty incredible the iPhone 14 Pro Max survived suc.....»»