Apple stock slips more than 2% after Barclays downgrade

Apple stock slips more than 2% after Barclays downgrade

Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Apple shares slipped more than 2% in pre-market trading Tuesday, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to … Read more

Tesla reported 485,000 deliveries in Q4, bringing 2023 total to 1.8 million

Tesla reported 485,000 deliveries in Q4, bringing 2023 total to 1.8 million

Tesla just published its fourth-quarter vehicle production and deliveries report for 2023. Here are the key numbers: Total deliveries Q4 2023: 484,507 Total production Q4 2023: 494,989 Total annual deliveries 2023: 1,808,581 Total annual production 2023: 1,845,985 In 2022, the Elon Musk-led automaker reported annual deliveries of 1.31 million and production of 1.37 million electric vehicles. The new … Read more

Microsoft now says the CMA was ‘tough and fair’ over Activision Blizzard deal

Microsoft now says the CMA was ‘tough and fair’ over Activision Blizzard deal

Microsoft president Brad Smith wasn’t happy with the UK’s Competition and Markets Authority (CMA) last year, after the regulator blocked Microsoft’s giant Activision Blizzard deal. Now that Microsoft has restructured its deal and won approval in the UK, Smith has kinder words for the CMA, describing the regulator as “tough and fair” in an interview … Read more

Cybercrime, AI supremacy and the metaverse: the tech stories that will dominate 2024 | X

Cybercrime, AI supremacy and the metaverse: the tech stories that will dominate 2024 | X

Partway through 2023, I caught up with a respected, high-ranking tech writer at another publication. We gossiped and nattered, and, a bit exasperated, empathised with each other: we were run ragged. The last two years have raised the stakes for what tech journalists do from serving a small niche community to covering stories that have … Read more

ASML blocked from exporting some critical chipmaking tools to China

ASML blocked from exporting some critical chipmaking tools to China

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, which makes machines that are critical to … Read more