Consumer Electronics

Amazon Invests $2.75 Billion in Generative AI Startup Anthropic

Amazon's $2.75 billion investment in Anthropic, a top generative AI startup, marks its largest outside investment, showcasing its commitment to AI innovation.


Apple CEO Tim Cook Slammed by Critics Over Remarks Praising China

Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks...

Sale of Elon Musk's Starlink Terminals Is Flourishing Through the 'Black Market,' Making Them Fall Into the Wrong Hands

Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide...

Dell Cuts Its Workforce as Part of Broader Initiative to Reduce Costs After Sluggish Demand in PC Market

Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses...


Latest News

GT Advanced bankruptcy offers warning to Apple suppliers
The financial implosion of Apple Inc (AAPL.O) supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a s
Apple to hold iPad event on Oct. 16: Re/Code
Apple Inc plans to hold a "special event" on Oct. 16, where it is expected to launch its new iPads, technology website Re/Code said, citing sources.
RadioShack reaches refinancing deal with Standard General
Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ah
PayPal spawn have advanced where PayPal stood still
PayPal's biggest threat as it prepares to split from eBay (EBAY.O) next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobil
Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday
Lenovo Group Ltd will close its acquisition of International Business Machines Corp's x86 server division on Oct 1 for $2.1 billion, giving China's biggest personal computer maker a major asset as it
BlackBerry cuts loss and sees rising sales; shares jump
BlackBerry Ltd (BB.TO) (BBRY.O) reported a smaller quarterly loss on Friday and flashed encouraging signals about its hard-pressed smartphone business as well as its software and services sales, spurr
Intel investing in China mobile chipmakers: sources
Intel Corp is close to announcing an investment in Chinese-government affiliated mobile chipmakers Spreadtrum Communications and RDA Microelectronics, its latest move to catch up in a smartphone chip
CalPERS says HP/Autonomy shareholder settlement needs more work
The California Public Employees' Retirement System has asked a U.S. judge to reject a proposed settlement between Hewlett-Packard Co and shareholders over the computer maker's botched acquisition of A
Toshiba says to invest $1 billion in Southeast Asia over next five years
Japan's Toshiba Corp (6502.T) said on Wednesday that it plans to invest $1 billion in Southeast Asia over the next five years to expand its business in the region.
BlackBerry set to launch Passport as turnaround enters critical phase
BlackBerry is set to launch an unconventional new smartphone dubbed the Passport on Wednesday, as it embarks on potentially the most critical phase of its long turnaround.
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