Apple’s revenue declines again despite record iPhone and services sales
Apple’s latest quarterly earnings report paints a picture of software wins amid something of a hardware slump. In a statement announcing the financial results for its...
The IRS wants to phase out most IRL tax documents by 2025
Most taxpayers will have the option of going entirely paperless starting with the 2024 filing season. The IRS said today that it aims to “achieve paperless...
The UK will ramp up its investigation into Adobe’s $20 billion Figma acquisition
The UK’s Competition and Markets Authority (CMA) plans to perform an in-depth probe into Adobe’s acquisition of Figma, the agency announced today (via The Wall Street...
Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit
The US Treasury Department issued updated guidance today about which electric vehicles qualify for the federal $7,500 EV tax credit under the Inflation Reduction Act (IRA)...
Microsoft’s Activision Blizzard purchase will reportedly be approved by the EU
Microsoft has reportedly cleared a major regulatory hurdle as it tries to move toward finalizing its Activision Blizzard purchase. The company’s licensing offers to competitors are...
Apple’s record service revenue couldn’t make up for falling hardware sales
As many Apple watchers have predicted, the company’s financial results this quarter are a break from the last few years of nonstop growth. The iPhone maker...
Alphabet’s revenues are still growing, but just barely
It’s no secret that the huge tech companies are still making money hand over fist, but there’s also a noticeable slowdown going on. Google’s parent company...
Sony has now shipped over 32.1 million PS5s following blockbuster holiday sales
Sony’s gaming business had a blockbuster holiday quarter as it sold 7.1 million PS5s from October to December compared to 3.9 million in the same quarter...
Rivian is laying off another six percent of its workforce
Electric vehicle maker Rivian is laying off another six percent of its workforce. The company reduced its headcount by the same proportion of workers back in...
Tesla delivered over 405,000 vehicles in Q4 2022, setting a new company record
Tesla delivered 405,278 electric vehicles over the final three months of 2022, the automaker announced on Monday. That number represents a new record for the company,...