Consumer Electronics

Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short

Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.

Nvidia Plans China-Specific Version of Blackwell AI Chip Following US Export Restrictions

Nvidia is developing a modified version of its new flagship AI chip, the "B20," specifically for the Chinese market to bypass U.S. export restrictions...

Huawei Opens $1.4 Billion R&D Campus in Shanghai to Attract Foreign Talent

Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies...

Apple's Market Value Hits $3.6 Trillion After Morgan Stanley Praised Its AI Efforts

Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion...

Latest News

'Britain’s Bill Gates' Mike Lynch Accused of Duping Hewlett Packard Into Buying His Firm for $11B to Testify in US Fraud Trial
British tech tycoon Mike Lynch is set to testify in his own criminal fraud trial in a San Francisco court on Thursday.
Nvidia Reports Strong Q1 2024 Revenue, Shares Valuing over $1,000 Triggering Stock Split
Nvidia reported a stronger-than-expected first quarter revenue forecast, including an announcement of a stock split after its shares reached the $1,000 mark.
Analysts Expect Nvidia Revenue to Surge 200% Amid AI Boom
Nvidia's stock dipped slightly from its all-time high on Wednesday ahead of its critical Q1 earnings report. Investors expected the company to show 200% revenue and profit growth driven by high demand
iPhone16 Rumors: New Models Expected to Come in 2 New Colors; Here's What to Expect!
Apple analyst Ming-chi Kuo speculated that the iPhone 16 would come in two new colors that would replace two colors Apple is planning to discontinue.
Samsung Electronics Appoints New Chief for Semiconductor Business Amid Intense AI Chip Market Competition
Samsung Electronics has appointed a new chief for its semiconductor division to strengthen its position in the competitive AI chip market.
iPhones in China Are Being Sold for $360 Less so Apple Can Compete With Chinese Smartphones
Apple is aggressively discounting select iPhone models in China, offering up to a $360 price reduction on its official Tmall site. It aims to compete with local rivals like Huawei, which is under pres
Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'
There has been a speculation that Apple is developing a slimmer iPhone alongside its iPhone 17 by September 2025.
GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move
GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
Take-Two Announces GTA 6 Release Date, Stays Mum on KSP 2 in Latest Earnings Call
Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments
US Cycling Industry Fearful of E-Bikes Being Included in New China Clean Tech Tariffs
Advocacy groups within the US bicycle community are calling on domestic stakeholders to reach out to lawmakers regarding the recent EV tariffs.
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