We live in a fast paced, frenetic world of constant innovation. Take our homes — they’re packed with a host of connected devices, from TVs that can stream high-definition movies to virtual assistants who respond to voice commands. The automotive sector is another area where new ideas and technologies are […]
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Apple had a record quarter in China with the highest ever number of iPhone upgrades
Customers try out iPhone 12 smartphones at an Apple store on October 23, 2020 in Shanghai, China. Wang Gang | Visual China Group | Getty Images GUANGZHOU, China — Apple raked in its highest ever revenue in the greater China region in the December quarter as a record number of […]
Apple says its big privacy change is coming in ‘early spring’ as conflict with Facebook heats up
A monorail train displaying Google signage moves past a billboard advertising Apple iPhone security during the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 7, 2019. Bloomberg | Bloomberg | Getty Images The long-awaited privacy update to Apple’s iPhone and iPad operating systems that could […]
Dr. Fauci says Covid vaccines can be easily adapted to new variants, drugmakers working on boosters
Pfizer and Moderna‘s current Covid-19 vaccines can be easily adapted to target new strains of the virus, something the drugmakers are already working on, White House health advisor Dr. Anthony Fauci said Wednesday. New strains of the coronavirus have emerged in the United Kingdom, South Africa and Brazil that have […]
China reports a growing shortage of factory workers
Employees work on a production line inside a Dongfeng Honda factory after lockdown measures in Wuhan, the capital of Hubei province and China’s epicentre of the novel coronavirus disease (COVID-19) outbreak, were further eased, April 8, 2020. Aly Song | Reuters BEIJING — Manufacturers in China are finding it more […]
This is Asia’s top-performing economy in the Covid pandemic — it’s not China
SINGAPORE — Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction at a time when many economies globally were weighed down by the coronavirus pandemic. Not every Asian economy has reported fourth-quarter and full-year economic numbers. But […]
Welcome to the super cycle: Apple just had the best quarter in the history of the smartphone
Apple reported blowout earnings on Wednesday. Even during a global pandemic, every single product line was up, leading to the company’s first quarter with over $100 billion in sales. But Apple is still best known for the iPhone, which accounted for nearly 59% of the company’s revenue during the holiday […]
Tesla shows off updated design for Model S
Tesla Model S Plaid Tesla Tesla on Wednesday showed off a major redesign to its electric sedan, the Model S, in its 2020 fourth quarter earnings report. The company shared pictures of its new interior and exterior of the car that’s set to launch later this year. It also introduced […]
Naive investors are getting dangerously caught up in a speculative bubble, all-star investor Rich Bernstein warns
Institutional Investor Hall of Famer Richard Bernstein warns retail investors will pay a big price for getting caught up in speculative trades. Bernstein, who has spent decades on Wall Street, cites the democratization of the market as a critical contributor to the excessive euphoria. He worries naiveté will ultimately put amateurs […]
Elon Musk explains how self-driving robotaxis will justify Tesla’s massive valuation
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Don’t count Elon Musk among the investors who think Tesla is overvalued, even with the stock up […]