Apple is set to buy a notable developer of photo-editing apps. The company is acquiring Pixelmator, pending regulatory approval. Terms of the deal haven’t been disclosed. While it seems likely that Apple will eventually bake some of Pixelmator’s tech into its own Camera and Photos apps, the latter said “there will be no material changes…
For tech’s biggest players, this earnings season is starting to feel like a scene from the movie Jerry Maguire — and the “show me the money” demands aren’t working out any better than they did for Tom Cruise. Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with…
Apple’s sales in Greater China fell by less than 1 per cent in last quarter, a mark of continuing decline for the US tech giant in one of its most important markets, as it tries to woo mainland officials while warding off growing competition. The iPhone maker’s sales in the market – which includes mainland…
All eyes are on Big Tech stocks as two “Magnificent Seven” giants, Amazon (AMZN) and Apple (AAPL), alongside semiconductor player Intel, prepare to unveil their quarterly results after market close. Another stock in focus is Super Micro Computer (SMCI), whose stock tumbled nearly 14% after Ernst & Young resigned as the company’s auditor. The move…
The tech-heavy Nasdaq Composite (^IXIC) closed Thursday over 2.7% lower, the S&P 500 (^GSPC) not too far behind with a session loss of 1.86%. Tech sector worries seem to have been revived coming off Meta Platforms (META) and Microsoft’s (MSFT) latest earnings print and ahead of Amazon (AMZN) and Apple’s (AAPL) results due out after…
Bill Gates is a name known by billions of people around the world. And for good reason, given his integral part in co-founding Microsoft and making technology accessible. And given his role in the tech boom of the last 40 years, the 69-year-old knows a thing or two about business and doing it successfully. For…
The Nasdaq Composite (^IXIC) is leading US stocks lower Thursday morning as Big Tech earnings continue to roll out. Shares of Microsoft (MSFT) and Meta Platforms (META) are taking a dip since reporting earnings yesterday; Amazon (AMZN) and Apple (AAPL) are the next members of the Magnificent Seven to report after today’s market close. The…
Good morning. If you thought Larry Ellison was going to run Paramount, think again. A month ago, Skydance Media told the FCC that the Oracle founder would have voting control of the media company formerly known as ViacomCBS when Skydance closes its $8 billion deal. It has now filed a revision saying no, it’s actually…
The App Store could soon feature Ai-generated summaries of application reviews. The App Store could soon introduce AI-generated summaries of users’ application reviews. Here’s what we know about the feature so far. On Monday, Apple released iOS 18.1, which made Apple Intelligence available to the general public. With Apple Intelligence, it’s now possible to receive…
China’s smartphone market is on track to record its first annual sales growth in five years, according to Counterpoint Research, which placed Apple out of the top-five domestic rankings in the third quarter. Sales in the world’s largest smartphone market rose 2.3 per cent year on year in the September quarter, marking four consecutive quarters…