Posts with tag: content creation
Apple has canceled plans for advanced augmented reality glasses due to technical challenges and a lack of clear direction within the Vision Products Group. The company faces competition from Meta, which is developing its own AR glasses set to launch in 2027. Despite advancements in underlying technologies, Apple struggles to create a standalone AR headset that appeals to consumers.
Published on: January 31, 2025, 08:04 PM UTC
Private equity firm Ardian SAS may sell Trigo Group, a French provider of quality management and consulting services. The company could be valued at around €600 million in a transaction.
Published on: January 31, 2025, 07:00 PM UTC
US President Donald Trump to meet with Nvidia CEO Jensen Huang amid reports of potential AI chip sales restrictions to China and concerns over China's advancements in the field.
Published on: January 31, 2025, 05:02 PM UTC
Apple's (AAPL) Q1 earnings beat estimates, easing investor concerns about iPhone sales in China. Apple CEO Tim Cook attributed the decline to inventory adjustments, while analysts remain optimistic about iPhone upgrades and AI features contributing to future growth.
Published on: January 31, 2025, 04:01 PM UTC
Intel shares fall after the chipmaker's revenue forecast for the current period falls short of analysts' expectations, impacted by weaker demand and market share loss.
Published on: January 31, 2025, 04:00 PM UTC
Traders anticipate the Federal Reserve will postpone interest rate cuts until June following data revealing a rise in inflation to 2.6% in December, in line with expectations.
Published on: January 31, 2025, 02:00 PM UTC
Strong Q4 GDP, but sticky inflation keeps Fed cautious; March rate cut still seen possible
Published on: January 31, 2025, 12:03 PM UTC
Comcast's stock fell after reporting a bigger-than-expected drop in broadband customers and stagnant Peacock subscriber growth in Q4.
Published on: January 31, 2025, 01:03 AM UTC
DeepSeek set off alarm bells on Wall Street with its claim to train an open-source AI model for just $5 million, raising questions about whether Big Tech firms like Meta and Microsoft are overspending on AI infrastructure. However, both Meta and Microsoft CEOs downplayed the threat, saying that DeepSeek's advances will ultimately benefit their companies too.
Published on: January 31, 2025, 12:02 AM UTC
Walgreens Boots Alliance suspends quarterly cash dividend amid restructuring efforts, sending shares down nearly 8% in extended trading.
Published on: January 30, 2025, 11:01 PM UTC