Xiaomi granted reprieve against investment ban
Xiaomi was designated a CCMC in January, one of the final acts by Donald Trump's outgoing administration. A 1999 law requires the Defense Department to compile a catalog of companies owned or controlled by the People's Liberation Army. The Pentagon h.....»»
Morgan Stanley predicts accelerated growth for Apple by September
Investment bank Morgan Stanley's analysts are expecting Apple's June earnings to be as expected, but also claim that the quarter ending in September will see much higher growth.An Apple Store logoAhead of Apple's next earnings call on August 3, 2023,.....»»
OneTrust raises $150 million to accelerate platform innovation
OneTrust announced a $150 million funding round. This capital will bolster OneTrust’s continued growth to meet customer demand for trust intelligence software. The round was led by new investor Generation Investment Management with participatio.....»»
Amazon to build $120M facility at Kennedy for internet-from-space project
As part of plans to launch a Starlink-like space internet service, Amazon has announced a $120M investment in a satellite facility at the Kennedy Space Center......»»
Apple Watch helps save Norwegian trail runner"s life after a fall
A trail runner in Norway has credited the existence of the Apple Watch for being able to call an ambulance after falling during a run.Apple Watch UltraFollowing a holiday, investment director Robert Naess decided to go for a trail run, with his time.....»»
iPhone 15 delay predicted by analyst who was right about iPhone 12
A Bank of America (BoA) analyst, who correctly predicted that the iPhone 12 would not go on sale in September 2020, is now suggesting that we might see a similar iPhone 15 delay. BofA Global Research analyst Wamsi Mohan said in an investment note th.....»»
Goldman Sachs continues to bleed cash from Apple Card operations
Goldman Sachs has reported more losses from its credit card operations, mostly attributable to Apple Card, and it's not clear when or how the bleeding will stop.Goldman Sachs posts more losses from its credit card businessThe investment bank has rele.....»»
Judge scolds Apple"s lawyers over appeals arguments
A US judge has chided Apple's legal arguments as the company asks for time to appeal an App Store antitrust case, but has granted the delay.Apple won the lawsuit brought against it by "Fortnite" developer Epic Games, but it didn't win outright. There.....»»
Microsoft Office"s AI tools are an expensive investment, as Bing Chat goes enterprise
Microsoft is going big with artificial intelligence, and the company isn't slowing down anytime soon as it unveils not only just how much it will cost for AI to write your next business email, but also a brand new Bing Chat experience for enterprise.....»»
Hammerspace raises $56.7 million to unlock business opportunities hidden in unstructured data
Hammerspace has raised $56.7 million in funding in its first round of institutional investment. The funding round, led by Prosperity7 Ventures, also includes Pier 88 Ventures, ARK Invest, and others. Data has been widely considered to be among the wo.....»»
Apple"s App Store anti-steering rules put on hold as it appeals Supreme Court
Apple has been granted a motion to put on hold a decision forcing the company to change its "anti-steering" rules within the App Store, giving Apple a bit more time to move forward with an appeal.Apple App StoreApple was granted the motion to put on.....»»
Disruption risk along global supply chains: Technology outage and IR&D investment
In the current global situation, global industrial and supply chains are being reorganized, and their safe and stable operation is facing numerous risks and challenges. One important factor driving this restructuring is the development of key core te.....»»
Tesla directors settle compensation lawsuit, agree to return $735M in stock options
The settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to Tesla directors starting in June 2017......»»
JM Family leads investment round for computer vision AI startup
The startup, Skaivision, believes its technology can boost retail efficiency and improve the customer experience......»»
Shift Technologies cuts work force 34% in midyear restructuring
The company said it also decided to eliminate investment in its dealer marketplace business to focus on its core operations......»»
Google Bard can now speak, but can it drown out ChatGPT?
Google has granted its Bard chatbot the power of speech. Will it be enough to overcome ChatGPT, or will Bard struggle to take the artificial intelligence crown?.....»»
Shift Technologies reduces work force 34 percent in midyear restructuring
The company said it also decided to eliminate investment in its dealer marketplace business to focus on its core operations......»»
Wipro announces Wipro ai360 and the $1 billion investment in AI
Wipro launched Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in AI with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clien.....»»
Nio has been at the brink before. Can the EV maker rally again?
A just-in-time share sale to CYVN Holdings LLC, an investment entity controlled by the government of Abu Dhabi, may get Nio off the immediate hook......»»
Compliance seizes spotlight in the connected devices arena
Investment in connected device security has accelerated as upcoming legislation affecting the sector becomes more prominent, according to PSA Certified. This acceleration also highlights a noticeable difference from last year in the level of demand f.....»»
US’s largest grid operator must process and connect backlogged clean energy projects
PJM could benefit numerous states with thousands of jobs and billions in investment. Enlarge / Power lines in Alexandria, Virginia. (credit: Thomas Simonetti/The Washington Post via Getty Images) This article originally.....»»