LED firm Brightek cautious about 2Q22
LED packaging specialist Brightek Optoelectronic has expressed caution about its business prospects for the second quarter, when sales are expected to hit bottom for 2022......»»
Saunas Are the Next Frontier in Fighting Depression
The preliminary results of a clinical trial of using heat exposure to combat depression are in—and are fueling cautious optimism that sauna practice could become an accepted treatment......»»
Google is “reimagining” search in “the Gemini era” with AI Overviews
What's the best pilates studio within walking distance that has new member Enlarge / "Google will do the Googling for you," says firm's search chief. (credit: Google) Search is still important to Google, but soon it will.....»»
Researchers show ways to propel product success
New research from ESMT Berlin explores the key strategies that firms should adopt when launching a new product. The researchers say that these strategies depend on the current market view of the product and the firm. Employing the correct one, which.....»»
Apple in talks with Rivian, likely over Apple Car revival
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
AlixPartners agrees to acquire global automotive consulting firm Berylls
AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»
Apple Car may not be completely dead -- Apple is discussing a partnership with Rivian
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»
Warren Buffett has sold a lot of Apple stock so far in 2024
Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.Warren Buffett [Berkshire Hathaway]Buffett is not a long-term investor in Apple —.....»»
All-screen MacBook Pro and iPhone fold get new and aggressive rumored launch timetable
An Apple analyst believes that a foldable iPhone and an all-screen MacBook Pro are coming far sooner than expected, but there are reasons to be cautious about the latest rumor.The 'iPhone Fold' is expected to take design cues from existing Apple prod.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Harbour Results, adviser to tool-and-die shops and small manufacturers, acquired by Wipfli
Harbour Results Inc., a longtime advisory group to small- and medium-size automotive manufacturers and tool-and-die makers in North America, was acquired by Milwaukee advisory and accounting firm Wipfli......»»
Amazon-funded Anthropic launches AI app to compete with ChatGPT
An Amazon-backed firm that's pushing for safe and trustworthy artificial intelligence apps has released its Claude AI app for the iPhone and iPad — but not the Mac.Anthropic's Claude generative AI app on iPhoneApple could yet be the only generative.....»»
Anthropic"s Claude AI has arrived on the iPhone and iPad
A firm arguing for safe and trustworthy artificial intelligence apps has now released its Claude AI app for the iPhone and iPad — but not the Mac.Anthropic's Claude generative AI app on iPhoneApple could yet be the only generative AI producer whose.....»»
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'.....»»
Apple"s earnings will be flat ahead of AI-enabled iPhone
Investment analyst firm TD Cowen is predicting that Apple's next earnings call will show little growth, but says forthcoming AI features could prove significant.iPhone 15 Pro rangeAnalysts such as JP Morgan in March 2024, and Morgan Stanley in Novemb.....»»
ByteDance would rather shut down US TikTok than sell it
TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden's day-old law forcing a sale or ban.TikTok may be cease to be available in the USAccording to the bill signed into law by Pre.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Patrick Wardle teams up with ex-Apple researcher to boost Mac security for all
Two long-standing Mac security experts have formed DoubleYou, a firm that aims to develop security tools that other Mac developers can incorporate into their systems.DoubleYou founders believe Mac needs better securityThe new company was started by,.....»»
Biden signs TikTok bill into law as Chinese firm threatens legal action
President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025.TikTok could be banned in the US from 2025As expected following the Senate's passing of the combinatio.....»»