A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024. Annice Lyn | Getty Images News | Getty Images One of the first things Steve Jobs did when he returned to Apple in 1997 was simplify Apple’s product lineup. At the time…
On the road to electrifying vehicles, cars and small trucks are getting there. Big rigs, however, pose bigger hurdles. The trouble with electrifying tractor-trailer trucks is that the tractor component needs more power than the current charging infrastructure can handle and the necessary charging time is long. Major truck manufacturers such as Volvo, Freightliner and…
Jaque Silv | SOPA Images | Lightrocket | Getty Images Denmark on Wednesday laid out a framework that can help EU member states use generative artificial intelligence in compliance with the European Union’s strict new AI Act — and Microsoft‘s already on board. A government-backed alliance of major Danish corporates, led by IT consultancy Netcompany,…
This picture taken on April 27, 2023 in Toulouse, southwestern France, shows a screen displaying the Meta logo and the European flag. Lionel Bonaventure | Afp | Getty Images Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the…
Shopify shares jumped 21% on Tuesday after the Canadian e-commerce company posted better-than-expected results for the third quarter and gave an optimistic forecast for the holiday shopping season. Here’s how the company did: Earnings: 35 cents per share vs. 27 cents per share expected by LSEG Revenue: $2.16 billion vs. $2.12 billion expected by LSEG…
Nicolas Economou | Nurphoto | Getty Images Bitcoin resumed its climb on Tuesday, after taking a breather from its postelection rocket rally earlier in the session. The price of bitcoin was last higher by 2% at $89,338.20, according to Coin Metrics. It briefly touched $90,036.17 just before the stock market close, after quickly blowing through…
The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify shares rose in extended trading Tuesday after the Swedish music streaming company issued a profit forecast for the fourth quarter that topped estimates. Here’s how the company did, compared…
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the…
Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Japan has announced a new plan to revitalize the country’s semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal…
Vasco Pedro, co-founder and CEO of Unbabel, on the first day of the 2023 Web Summit at the Altice Arena in Lisbon. Miguel Reis | SOPA | Lightrocket | Getty Images LISBON — Unbabel on Wednesday announced a translation service powered by artificial intelligence, adding another rival to a highly competitive space — with its…
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