Product that tells our story
Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely competitive global handset market. The move comes as memory chip prices climb amid a global shortage, suggesting Apple is willing to absorb some component cost pressure to make […]
The CEO of McDonald’s was ruthlessly mocked across social media after posting a viral video of himself struggling to chomp down on a new super-sized menu item — which he oddly called a “product” — at the fast food chain. The clip posted to social media last month shows McDonald’s CEO and Chairman Chris Kempczinski reluctantly […]
Most 15-year-olds worry about things like an upcoming math test or whether their crush likes them back. But a growing number of teenagers are using artificial intelligence to launch innovative tech companies, stressing about raising venture capital and product launches — not who they’ll take to prom. While teen tech founders are nothing new — […]
It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest […]
Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé […]
Samuel Boivin | Nurphoto | Getty Images Artificial intelligence companies are playing their biggest role yet at the Super Bowl, with all the major AI players buying ads to showcase their tools — both for consumers and for businesses — to the expected audience of as many as 130 million people. This year’s Super Bowl ads […]
Big Tech companies have seen over $1 trillion wiped from their market cap over the past week, as fears over AI spending sparked a sell-off. Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to market close on Thursday, as the companies’ earnings reports signaled huge continued capex […]
Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Big Food is slimming down. As both consumers and regulators push back against ultra-processed foods, the companies that make them have been splitting […]
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide a cause of death. “Lou arrived at IBM at a moment when the company’s future was genuinely uncertain. His leadership during that period […]
Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based electric-vehicle maker has top-shelf tech, deep-pocketed backers and highly praised cars. However, Lucid has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old […]
