Apple’s best revenue growth in three years failed to impress, with shares down about 1% in volatile trading on Friday, as investors questioned whether a tariff-driven surge in iPhone sales would last. ARTICLE CONTINUES BELOW VIDEO A rush to buy iPhones ahead of potential U.S. tariff-driven price increases, along with China subsidies and upbeat demand […]
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SpaceX’s Starlink satellite network was back up and running on Friday as engineers hunted for the root cause of one of its biggest international outages the night before, a rare disruption for the powerful internet system set off by an internal software failure. Users in the U.S. and Europe began experiencing the outage at around […]
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OpenAI is planning to take a cut from online product sales made through ChatGPT by integrating a payment checkout system into the chatbot, the Financial Times reported on Wednesday, citing multiple people familiar with the proposals. Merchants that fulfill orders through the payment system will pay a commission to OpenAI, the report said. The move […]
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YouTube is looking to clamp down on content creators who generate revenue from “inauthentic” videos, including mass-produced and repetitive content. The Alphabet-owned company has said it will update its YouTube Partner Program (YPP) monetisation policies on July 15, to require creators to upload “original” and “authentic” content. The updated monetisation policies will contain more detailed […]
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Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street’s most-favored stocks. Shares of the leading chip designer rose as much as 2.8% to an all-time high of $164.42, benefiting from an ongoing […]
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YouTube has struggled to compete with TikTok, the app that got its start hosting lip-sync and dance videos and has subsequently burgeoned to 1 billion monthly users YouTube has struggled to compete with TikTok, the app that got its start hosting lip-sync and dance videos and has subsequently burgeoned to 1 billion monthly users YouTube […]
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Jio Haptik is seeing an uptake in business in the e-commerce segment, new age companies like Fintech and other start-ups. Jio Haptik is seeing an uptake in business in the e-commerce segment, new age companies like Fintech and other start-ups. AI conversational platform Jio Haptik expects a minimum 10-fold growth in its revenue to about […]
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Amazon’s $121.2 billion in revenue went well past estimates of $119 billion, helping stock climb higher Amazon’s $121.2 billion in revenue went well past estimates of $119 billion, helping stock climb higher Amazon on Thursday reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its stock sharply higher. (Sign up to […]
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From July 18, tax hikes will kick in for over two dozen goods and services, ranging from unbranded food items, curd and butter milk to low-cost hotels, cheques and maps, the Goods and Services Tax (GST) Council decided after a marathon two-day meet that concluded on Wednesday. At the same time, tax rates will be […]
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The Greater Chennai Corporation has formulated an action plan to improve its own source of revenue. Integration of databases of other line agencies and use of GIS for reassessment of property form a crucial part of the action plan. The action plan is part of the World Bank’s Chennai City Partnership. Corporation Commissioner Gagandeep Singh Bedi has […]
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