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In Huawei’s battle against Apple, chips are still a weakness, says analyst

In Huawei’s battle against Apple, chips are still a weakness, says analyst

Finance News

Illustration of a user browsing booking information for Huawei’s new foldable mobile phone in Suqian, Jiangsu province, China, Sept 8, 2024.  Cfoto | Future Publishing | Getty Images As Huawei tries to upstage Apple‘s new iPhone with the launch of its own ‘trifold phone’ on Tuesday, its chip capabilities remain a weakness, despite recent breakthroughs, […]

In Huawei’s battle against Apple, chips are still a weakness, says analyst Read More »

Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

Technology News

Huawei is planning to release a three-fold smartphone on Sept. 10, just hours after Apple’s scheduled new iPhone launch. Cfoto | Future Publishing | Getty Images BEIJING — Huawei has received more than 2.7 million pre-orders for its tri-fold smartphone, its website showed on Monday. The Chinese company began pre-orders for its Mate XT midday

Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch Read More »

Broadcom says it will sell billion in AI parts and custom chips this year

Broadcom says it will sell $12 billion in AI parts and custom chips this year

Technology News

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom reported third fiscal quarter results on Thursday that beat Wall Street expectations for revenue and earnings. Broadcom shares fell 5% in extended trading. Here’s how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter ending Aug. 4: Earnings per share: $1.24, adjusted versus

Broadcom says it will sell $12 billion in AI parts and custom chips this year Read More »

AI gadgets have been a bust so far. Apple aims to change that

AI gadgets have been a bust so far. Apple aims to change that

Technology News

Jaque Silva | SOPA Images | Lightrocket | Getty Images In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence. Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI

AI gadgets have been a bust so far. Apple aims to change that Read More »

Nvidia says it didn’t receive antitrust subpoena from DOJ

Nvidia says it didn’t receive antitrust subpoena from DOJ

Technology News

Nvidia’s headquarters in Silicon Valley. Andrej Sokolow | Picture Alliance | Getty Images Nvidia on Wednesday denied reports it received a subpoena from the Department of Justice over antitrust concerns. “We have inquired with the U.S. Department of Justice and have not been subpoenaed,” an Nvidia representative told CNBC. “Nonetheless, we are happy to answer

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NFL’s next big media rights payday is years off — and subject to a shifting industry

NFL’s next big media rights payday is years off — and subject to a shifting industry

Business News

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in Jacksonville, Fl.  David Rosenblum | Icon Sportswire | Getty Images In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association

NFL’s next big media rights payday is years off — and subject to a shifting industry Read More »

Nvidia slides further in post-market trading after plunge that wiped out almost 0 billion in market cap

Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap

Technology News

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia shares fell 2% in extended trading after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. The slide comes after Nvidia dropped nearly

Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap Read More »

Huawei looks to upstage Apple with product launch just hours after expected iPhone 16 unveiling

Huawei looks to upstage Apple with product launch just hours after expected iPhone 16 unveiling

Finance News

The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024.  Cfoto | Future Publishing | Getty Images Huawei said Monday it plans to hold a product launch event this month just hours after Apple‘s annual iPhone reveal as the Chinese technology giant looks

Huawei looks to upstage Apple with product launch just hours after expected iPhone 16 unveiling Read More »

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