Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with ...
China’s DeepSeek shakes up AI industry, sending U.S. tech stocks tumbling
A major disruption hit the artificial intelligence sector this week as DeepSeek, a China-based chatbot, unveiled its latest AI models—trained for just $6 million. That’s a fraction of the cost U.S.
Apple shares rise after positive sales outlook signals iPhone recovery
Apple shares rose in after-market trading on Thursday after the company forecast higher sales than Wall Street expected, a sign the company expects iPhone sales to recover as it rolls out artificial ...
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
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How China's DeepSeek Came for Big AI
As US companies pour billions of dollars into advancing artificial intelligence, a little-known Chinese startup has seemingly done the impossible. DeepSeek unveiled a chatbot app that performs as well ...
Is Apple a DeepSeek beneficiary? Here's the company's take.
The company hasn't opted to spend quite so heavily on artificial-intelligence compute. At times, that had Wall Street worried Apple was behind the curve on AI. But after DeepSeek got investors to thin ...
Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to ...
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US DOJ sues to block Hewlett Packard Enterprise’s US$14 billion Juniper deal
THE US Department of Justice has sued to block Hewlett Packard Enterprise’s US$14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to ...