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 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...
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...
Facebook now has 2 billion users
Almost 20 years in, Facebook is still growing. The social network now has 2 billion daily active users, Meta reported alongside its fourth-quarter earnings. The report...
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...