The iPhone 8 should be the biggest phone launch ever, thanks to Apple’s user base With the iPhone 8 release steadily approaching, a new research report from comScore reveals that iPhone ownership in the United States is at an all-time high. This bodes well for Apple, as it suggests that […]
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Tesla’s big Model 3 bet rides on risky assembly line strategy Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the factory that makes them. Most […]
Apple self-driving car testing plan gives clues to tech program Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company's autonomous vehicle technology aspirations. Apple was granted a permit to test self-driving cars on […]
Elon Musk on mission to link human brains with computers in four years Tesla Inc (TSLA.O) founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices. Neuralink is aiming to bring to the […]
BofA's profit boosted by surge in trading, investment banking Bank of America (BAC.N) reported a higher-than-expected jump in quarterly profit as bond trading surged and the lender earned more from advising on debt and equity offerings and deals. Wall Street banks have been vitalized by increased market activity prompted by […]
J&J revenue misses on lower-than-expected pharmaceutical sales Johnson & Johnson, which is in the process of completing its $30 billion acquisition of Swiss biotech Actelion, reported on Tuesday quarterly revenue that missed analysts' estimates, hurt by lower demand for its pharmaceutical products. The diversified healthcare company's sales rose to $17.77 […]
Insurer UnitedHealth posts strong results, boosts forecast UnitedHealth Group Inc (UNH.N), the largest U.S. health insurer, reported better-than-expected quarterly results, driven by strength across its businesses, and raised its profit and revenue forecast for the year. The company's shares were up 2.2 percent in premarket trading on Tuesday. UnitedHealth, which […]
China court orders Samsung to pay $11.6 million to Huawei over patent case China court orders Samsung to pay $11.6 million to Huawei over patent case:- A Chinese court has ordered Samsung Electronics's (005930.KS) Chinese subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies [HWT.UL] over patent infringement, […]
Imagination Tech shares plunge 69 percent as Apple abandons British firm Imagination Tech shares plunge 69 percent as Apple abandons British firm:- Shares in Imagination Tech (IMG.L) crashed 69 percent on Monday after its biggest customer Apple (AAPL.O) said it would stop using the British firm's graphics technology in the […]
Tennessee man, wanted in kidnapping of teen, spotted in Oklahoma City Tennessee man, wanted in kidnapping of teen, spotted in Oklahoma City:- A 50-year-old Tennessee man, who authorities said kidnapped a 15-year-old girl this month, was spotted shopping at an Oklahoma City Wal-Mart on March 15. The Tennessee Bureau of […]
