business news

Perils and promise of quantum computing are nearing

Perils and promise of quantum computing are nearing

The stark warning came from one of the tech world’s most prominent CEOs. Sitting before an audience at the World Economic Forum in Davos, Switzerland, three years ago, Alphabet CEO Sundar Pichai said quantum computing has the power to transform humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, …

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Alibaba pledges $1 billion to cloud computing customers to reignite growth

Alibaba pledges $1 billion to cloud computing customers to reignite growth

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jimian News | CGV | Getty Images Alibaba said it will invest $1 billion over the …

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Top Wall Street analysts like Apple & Nvidia

Top Wall Street analysts like Apple & Nvidia

Apple CEO Tim Cook presents the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, US September 7, 2022. carlos barria | Reuters The market outlook is becoming increasingly uncertain, given unwieldy inflation and a slowing economy. Stocks ended Friday with losses. They were ultimately unable to bounce back from a …

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Apple plans to unveil new spots for ads in App Store by year-end

Apple plans to unveil new spots for ads in App Store by year-end

Apple CEO Tim Cook holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. carlos barria | Reuters Apple plans to release new ad “placements” as soon as the holiday season, according to a message sent to developers on Tuesday inviting them to an online session to …

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Apple event this year had an unusually dark undertone

Apple event this year had an unusually dark undertone

When Apple held its annual launch event for the iPhone 13 in 2021, it started with a joyful video featuring jazz dancers celebrating the natural beauty of California (which can be captured with an iPhone camera, of course). The tone of Apple’s iPhone 14 launch this week was darker. After zooming in on Apple’s headquarters …

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Apple raises iPhone 14 price in UK, Japan, Australia, overseas markets

Apple raises iPhone 14 price in UK, Japan, Australia, overseas markets

Apple hiked the price of the iPhone 14 series in a number of key markets, though it was unchanged in the United States. With rampant inflation persisting and a global recession on the horizon, all eyes were on how Apple priced its main product during the Cupertino giant’s big event on Wednesday, where it revealed …

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Huawei launches Mate 50 smartphone, Aito M5 electric car in China

Huawei launches Mate 50 smartphone, Aito M5 electric car in China

Richard Yu, CEO Huawei’s consumer business and automotive technology unit, revealed the Huawei Mate 50 series on Tuesday. The Chinese giant’s smartphone business has been hurt by US sanctions over the past two years which has cut the firm off from key technology. Huawei Huawei launched a flagship smartphone that it claims is the first …

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