In a surprising turn of events, IDC statistics have revealed a remarkable rise in Apple Mac sales amidst a general market downturn during the second quarter of this year. Despite the challenging economic landscape, Apple demonstrated an impressive year-on-year growth rate of 10.3%, standing as the lone PC maker among the top five to achieve positive results. This achievement has…
The European Commission has expressed concerns over Amazon's proposed acquisition of iRobot, fearing that the deal could result in limited competition within the robot vacuum cleaner market and strengthen Amazon's position as an online marketplace provider. The EU regulator is currently investigating whether the access to iRobot users' data would provide Amazon with an advantage in online services, including advertising,…
In a monumental move that could reshape the IT landscape, semiconductor giant Broadcom has cleared a major hurdle in its acquisition of virtualization technology developer VMware. After months of intense antitrust investigation, the EU regulator has finally given the green light to the staggering $61 billion deal, albeit with certain requirements. Broadcom initially announced its purchase of VMware in May…
Apple Inc., the technology giant that revolutionized our lives with its innovative products, has reached an important milestone. After more than a year, Apple stock hit a historic high, marking a remarkable rebirth for the company. Bloomberg reports that the stock rose 1.6 percent to close at an impressive $183.79. The achievement was Apple stock's first record close since January…
In a gripping courtroom drama unfolding in London, two teenagers, 18-year-old Arion Courtay and a 17-year-old whose identity remains undisclosed, are on trial for allegedly hacking into several high-profile companies, including NVIDIA, Rockstar, and Uber. The charges against them encompass serious computer misuse, blackmail, and fraud, with suspicions arising of their involvement with the notorious hacker group known as Lapsus$.…
Intel recently entered into agreements to build semiconductor fabs in Germany, Israel and Poland, a groundbreaking move that has captured the attention of technology enthusiasts around the world. With investments of $33 billion, $25 billion and $5 billion, respectively, Intel's strategic vision is to revolutionize chip manufacturing and strengthen the company's position as a global technology leader. Germany, known for…
In a significant legal development, the U.S. Supreme Court has declined to hear the lawsuit filed by Genius against Google, upholding the decisions of lower courts that ruled in favor of the tech giant. Genius, a web resource known for publishing song lyrics with proper licensing, has been attempting to prove since 2019 that Google unlawfully appropriates its work. The…
In the ever-evolving world of tech, Apple has managed to defy the odds yet again. Amid a global decline in PC sales, the tech giant has seen a substantial surge in its Mac market share, firmly establishing its dominance in the industry. Apple's Remarkable Turnaround According to data from IDC, Apple experienced a remarkable year-over-year growth of 10.3% in the…
In a groundbreaking announcement, Toyota is setting the stage for a revolution in electric vehicles (EVs). The automotive giant has unveiled plans to introduce electric cars powered by solid-state batteries, offering an astounding range of up to 1,200 kilometers (745 miles) and an ultra-fast charging time of just 10 minutes. This revelation marks a significant leap forward in the EV…
Surprising the market, chip maker Intel (INTC.O) reported a quarterly profit amid signs of easing in the PC market slump. The company's announcement of higher-than-expected third-quarter earnings sent its shares soaring by about 6 percent. This shift comes as welcome news for the PC industry, which has been grappling with challenges due to oversupply and a decline in demand following…
