Apple iPhone sales in China fell over 30% during first week of 2024: Jefferies

Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year-over-year for the first week of January, while competitors like Xiaomi and Huawei have “remained much stronger” with flat sales, according to … Read more

Tesla recalls over 1.6 million cars in China over Autopilot, locks

Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state … Read more

Microsoft says a Copilot key is coming soon to Windows PC keyboards

Yusuf Mehdi, Microsoft’s consumer chief marketing officer, speaks during an event at the company’s headquarters in Redmond, Washington, on Feb. 7, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft on Thursday said keyboards on upcoming Windows PCs will feature a Copilot key for having text conversations with the software maker’s virtual assistant. It’s one … Read more

Company to cut 15% of workforce

Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees … Read more

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

Here are 3 stocks other than Nvidia getting AI premium from investors

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner for investors this year in the generative AI boom was Nvidia. The company’s stock price rocketed 234% as demand soared for the chipmaker’s processors that … Read more

Startup Orchid launches test to identify genetic defects in IVF embryos

Noor Siddiqui, founder and CEO of Orchid, during the web summit for careers during Day 2 of the 2014 Web Summit in Dublin, Ireland, Nov. 5, 2014. Stephen McCarthy | Getty Images Reproductive technology startup Orchid on Tuesday announced a comprehensive new genetic test that may help many prospective parents across the U.S. breathe a … Read more

How doctors are using Google’s new AI models for health care

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Google on Wednesday announced MedLM, a suite of new health-care-specific artificial intelligence models designed to help clinicians and researchers carry out complex studies, summarize doctor-patient interactions and … Read more

LinkedIn shelved plan to migrate to Microsoft Azure cloud

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft’s Azure cloud, according to people familiar with the matter. The decision not to proceed … Read more

Electric scooter company Bird files for bankruptcy

A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter company Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal … Read more