Shanshan receives investment from CATL, BYD
China-based lithium battery material supplier Shanshan listed top Chinese battery manufacturer CATL, BYD, and CNPC Kunlun Capital as stakeholders earlier this month, public information shows......»»
PlayStation has a secret weapon up its sleeve: the Hero Project
With the industry looking less certain than ever, PlayStation's Hero Project is secretly it's smartest investment......»»
Apple Singapore campus getting two more buildings for new AI work
We’re expecting 2024 to be the year Apple builds generative AI features into iOS 18, and the company has announced a $250M investment to support ongoing work in this field. The Apple Singapore campus is growing from one building to three, to provid.....»»
Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»
Schiller doesn’t know whether the App Store is profitable; there are no minutes of meetings
Phil Schiller has told a court in an antitrust case that he doesn’t know for sure whether the App Store is profitable, and never considered the return on investment when launching it. He’s also explained the reason that there are very few writ.....»»
Tim Cook meets with Vietnamese officials, developers, and students
Apple CEO Tim Cook has spent a second day in Vietnam, discussing investment with the country's prime minister, as well as being shown developers working on Apple Vision Pro apps.Tim Cook visits a school in VietnamOn the second of his two-day visit to.....»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
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Get an investment education with a lifetime subscription to Tykr stock screener for an extra 20% off through April 16 with code ENJOY20. TL;DR: Through April 16, get a better handle on your investments with a premium lifetime subscription to Ty.....»»
U.S. Calls Out EU Member States For Piracy Failings in Trade Barriers Report
The Foreign Trade Barriers Report published by the office of the USTR outlines "significant barriers" to exports, investment, and commerce. On IP-related matters, the latest report features criticism of China, several countries in South America, Russ.....»»
JP Morgan drops Apple target price over questions on when AI iPhone will launch
Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result.Apple CEO Tim CookJP Morgan trimmed its Apple price target from $225 to $215 in February.....»»
Next two quarters may be tough, but iPhone 16 & AI will return Apple to growth
Investment firm Wedbush says it is sticking to its $250 Apple price target and that issues such as declining sales in China will be short term because of pent-up demand for the iPhone 16 range.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu.....»»
Will Apple’s personal robot investment pay off or end just like its car? [Poll]
We learned this week that Apple is pointing some attention at personal robotics following the shutdown of its Apple Car efforts. It’s early for the skunkworks robotics project but what’s your gut reaction, could the investment pay off? Or is it m.....»»
Google sues two crypto app makers over allegedly vast “pig butchering” scheme
Crypto and other investment app scams promoted on YouTube targeted 100K users. Enlarge (credit: NurPhoto / Contributor | NurPhoto) Google has sued two app developers based in China over an alleged scheme targeting 100,00.....»»
There’s a new way to transform any space into arcade basketball with Apple Vision Pro
Nothing makes me feel more like Zion Williamson than shooting hoops at the arcade. And while I’d love to take arcade basketball home with me, I’m not sure that’s the best investment. Fortunately, Apple Vision Pro has quickly become the best way.....»»
Loop Capital cuts AAPL price target to $170 over weak iPhone demand
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft.iPhone 15 Pro colorful lineupOther investment firms such as JP Morgan are predicting a recovery for Apple in China, while ones li.....»»
Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years
Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon neutrality......»»
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount
Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely......»»
CATL working with Tesla on fast-charging cells, supplying Nevada
Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000......»»
Intel receives $8.5 billion from US for expanding high-end fab capacity
Chips Act funding will primarily be directed toward development of Intel’s 18A node. Enlarge (credit: Bloomberg) Intel will receive $8.5 billion in direct funding and $11 billion in loans from the US government to expa.....»»
Apple Sports app receives first update with MLB support, NCAA March Madness data, more
The Apple Sports app has received its first update since launching last month. With version 1.1 of the app rolling out today, Apple has made optimizations for NCAA March Madness, added support for Major League Baseball, and more. more….....»»
Apple expands Restore Fund with new investments from TSMC and Murata
Apple today announced that it is expanding its Restore Fund, a project that it first launched in 2021 with a $200 million investment. Through the Restore Fund, Apple backs new financially-viable initiatives to restore forest woodland areas, which rem.....»»