Former Alibaba CEO quits cloud unit in surprise move amid landmark restructuring
Daniel Zhang, the outgoing chairman and CEO of Alibaba, has stepped down from his position running the company's cloud division in a surprise move announced just months after he assumed the pivotal role.
2023-09-11 16:53
Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley
Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an "asymmetric
2023-09-11 15:47
Temasek’s Advanced MedTech Chooses Singapore IPO Over US, Sources Say
Advanced MedTech Holdings Pte, a medical device maker backed by Singapore’s state-owned investment firm Temasek Holdings Pte, has
2023-09-11 15:22
Arm Considers Raising IPO Price Range
Arm Holdings Ltd. is considering raising the price range of its initial public offering after meeting investors for
2023-09-11 10:19
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes Helm
Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud
2023-09-10 23:50
Google's antitrust showdown: What's at stake for the internet search titan
Google will face off in court Tuesday against government officials who accuse the company of antitrust violations in its massive search business, kicking off a long-anticipated showdown that could reshape one of the internet's most dominant platforms.
2023-09-10 21:50
iPhone 15 price: New Apple handset could be by far most expensive ever
Apple’s upcoming iPhone 15 Pro Max could be easily its most expensive ever, according to numerous reports. A number of analysts have suggested that Apple could push the price of the more expensive phones up by $200, partly as a response to inflation but also because of a new strategy. Rumours have suggested that Apple is looking to offer new options at the very expensive end of its line-up, in an attempt to encourage growth of its profits. Tim Cook, Apple’s chief executive, appeared to confirmed that strategy during an earnings call earlier this year in which he said that he thought “people are willing to really stretch to get the best they can afford in that category”. Apple has already seemingly attempted that strategy with the Apple Watch Ultra, a new and more expensive version of the wearable, which was released last year. It was a marked change from previous releases, which have seen Apple offer cheaper “SE” versions of the Watch and iPhone, as well as much smaller handsets. Various reports have suggested that Apple is planning to do the same with its iPhone line-up. That could eventually bring an “Ultra” version of the iPhone, reports have suggested, presumably with premium features and other changes intended to encourage customers to buy it. This time around, however, Apple will offer the same line-up as it did with the iPhone 14: a smaller and larger version of both the normal iPhone 15 and the premium iPhone 15 Pro. The larger version of the latter – the iPhone 15 Pro Max – will be the most expensive. This year, the iPhone 15 Pro Max could have even more features that set it apart from the rest of the line-up. Rumours have indicated that Apple is adding a “periscope lens” to the larger phone, which would allow it to offer more zoom without taking up more space. Numerous analysts and reports have suggested that those changes could bring additional cost to the price of the iPhone. The iPhone 14 Pro Max currently costs $1,099 and the new model could be $200 more than that, analysts have indicated. The changes are also set to raise the average selling price of an iPhone, according to a new report from analyst Dan Ives at Wedbush and reported by 9to5mac. It would take the average selling price to $900-$925, he suggested. Apple will reveal the new iPhones – and their price – at an event on Tuesday, 12 September. They are expected to go on sale the following week. The base iPhone 15 is expected to largely be brought in line with the current iPhone 14 Pro, borrowing its chip and the “Dynamic Island” at the top of the display. The iPhone 15 Pro is expected to get a new, more powerful chip, thinner bezels around the display, and an “action button” on the side of the phone. Apple is also expected to move the port at the bottom of of all the new phones from the current Lightning to USB-C.
2023-09-09 00:48
Cash App, Square down: Users report payment issues amid major outage
Payment services Cash App and Square have been hit by a major outage. The problems left customers unable to pay and see their balance as a result of what appeared to be serious technical issues. Both companies said their services were mostly back online. But some customers were still seeing issues many hours after the problems began. Customers first started reporting problems on Thursday. They acknowledged that there were widespread issues that could affect the basic features of both apps. “We are currently experiencing issues with multiple Square services,” Square said on X, formerly known as Twitter. “We understand how important it is for your business that our services be up and running, and we are actively working toward a fix.” Cash App said much the same. Both are under the same parent company, Block. On Friday, the companies said that the issues were fixed but that some problems could remain. Some said that they been able to get back onto the app – but that certain transfers or other updates appeared to have gone missing. “We are continuing to resolve the outage. Our services are mostly back online. You may experience brief delays with certain services. If you experience a delay, there is no need to reattempt,” the company said on its status page on Friday. Read More Could China be about to take a big bite out of Apple’s iPhone business? Update your iPhone immediately First photo emerges of Elon Musk and his baby twins with Neuralink director
2023-09-08 23:19
EV batteries will have to be 50% lighter in future, Stellantis tech chief says
MILAN Carmaker Stellantis aims to develop lighter electric vehicle batteries, cutting weights in half to improve sustainability, the
2023-09-08 21:15
China's Huawei launches Mate 60 Pro+ smartphone for presale
BEIJING China's Huawei Technologies on Friday started presales for its Mate 60 Pro+ smartphone, adding a new version
2023-09-08 20:25
EXPLAINER-What is in Huawei's new smartphone challenger to Apple?
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI A new series of smartphones launched by China's Huawei Technologies has
2023-09-08 19:47
Huawei Debuts Even More Powerful Phone as Controversy Swirls
Huawei Technologies Co. added a new top-of-the-line model to its controversial Mate 60 smartphone family on Friday, putting
2023-09-08 15:15