Alphabet is present in almost all major world economies. The parent company of Google and Youtube is one of the companies that can claim to have succeeded in penetrating almost every country in the world and sometimes even countries ruled by autocrats and dictators. One of these countries is China, the world’s second largest economy.
(Bloomberg) — When the US government blacklisted Huawei Technologies Co. as a national security threat, it cut the Chinese company off from buying American semiconductors and other critical technologies. Now Huawei may have a path around those restrictions. Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.One Big Option Trade Fueled S&P 500’s Midday Jump, Wells Fargo SaysMar-a-Lago
Today’s video focuses on Intel (NASDAQ: INTC) and a closer look at recent data for its upcoming A750 and A770 graphics cards. Nvidia (NASDAQ: NVDA) is also releasing new graphics cards, but Intel is trying to play a very niche market, and it might be a smart move.
Two years ago the European Commission outlined plans to force all tech companies to use a single charging port. Two years from now Apple AAPL will have to acquiesce to those plans after the regulatory commission passed new rules.
(Bloomberg) — Members of the European Parliament voted to force companies such as Apple Inc. to adapt products that don’t already feature a standard USB-C charger to use one. This would include iPhones, in Apple’s case.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.One Big Option Trade Fueled S&P 500’s Midday Jump, Wells Fargo SaysMar-a-Lago Documents Included Pardons, Emails, Le
BRUSSELS (Reuters) -Apple will have to change the charger for its iPhones in the European Union from autumn 2024 to comply with new rules introducing a single charging port for most electronic devices. The reform passed by an overwhelming majority in the European Parliament on Tuesday, the first of its kind anywhere in the world, potentially strengthens the EU’s role as a global standard-setter on telephone technology. The vote confirmed an earlier agreement among EU institutions.
Apple (NASDAQ: AAPL) sells hundreds of millions of devices each year. For those supplying parts or services necessary to get those devices into consumers’ hands, winning Apple’s business is a huge deal. Taiwan Semiconductor Manufacturing (NYSE: TSM) may be the only Apple supplier where the script is flipped.
(Bloomberg) — Elon Musk has teased something called “X, the everything app” after he buys Twitter Inc. Based on the billionaire’s past comments, that service could look a lot like Chinese super-app WeChat.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialLoretta Lynn, Coal Miner’s Daughter And Country Queen, DiesElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanStock Shorts Fold in Best Two-Day Rally Since 2020: Markets WrapBiden, Kishida Condemn
Neeva, an ad-free search engine launched last year by a former engineer and executive best known for spearheading Google’s advertising tech business, is about to land in Europe. The Mountain View, California-based company officially launched a subscription-only search engine in its domestic U.S. market in June last year, later going on to add a free “basic” tier to the mix with certain restrictions in place. In the intervening months, Neeva said it has amassed more than 600,000 users, the vast majority of which are on a free plan, and now the company is looking to markets farther afield in search of growth.
TOKYO (Reuters) -Sony Group Corp’s gaming business is looking at fresh investment to bolster its push into PC and mobile, a senior executive said, as the PlayStation 5 maker competes for talent with deep-pocketed rivals and as industry dealmaking heats up. “Further investments in areas that will strengthen the expansion on to PC, on to mobile and into live services, that’s definitely a possibility for us,” Hermen Hulst, head of PlayStation Studios, told Reuters in an interview without providing further detail. Sony, whose studios are known for single player console games such as “Spider-Man” and “God of War”, has outlined ambitious plans to release titles on PC and mobile and offer live service games, which provide continuous updated play.
Apple iPhone assembler Foxconn is preparing to make Beats headphones in India and hopes to eventually produce AirPods in the country as well, the report said, citing sources. Luxshare Precision Industry, a Chinese supplier to the iPhone maker, and its units also plan to help Apple make AirPods in India, according to the report. However, Luxshare is focusing more on its Vietnamese AirPods operations for now and could be slower than its competitors in starting meaningful production of Apple products in India, the Nikkei newspaper said.