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,...
Microsoft and FTC pre-trial hearing set for January 3rd
A federal judge has set a date for the first pre-trial hearing between Microsoft and the Federal Trade Commission (FTC). The two go to court on...
Meta buys smart lensmaker Luxexcel to further AR ambitions
Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase was first reported by De Tijd and later...
Elon Musk is officially the CEO of Twitter (for now)
Now that Elon Musk owns Twitter, he’s officially taking the reins as CEO — for the moment, anyway. Twitter has made an amended filing with the...
Sony has sold over 25 million PS5s
In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year and bringing total units...
Coinbase users were unable to withdraw funds to US bank accounts for six hours
Coinbase users were unable to carry out US bank account transactions for around six hours on Sunday. An issue with the Automated Clearing House Network, which...