Newsfeeds Archive - Spark Newswire

2 minute read

Apple Revises Payment Options, Reportedly Ends ‘Buy Now, Pay Later’ Service

June 18, 5:39 AM

In a strategic overhaul of its financial offerings, Apple is reportedly discontinuing its 'Pay Later' BNPL service in favor of a comprehensive loan program. This new initiative, launching later this year, will support installment loans through Apple Pay, aligning with Apple's global expansion of flexible payment solutions.

AAPL

2 minute read

Bain Capital’s $5.6B PowerSchool Takeover Under Microscope

By Michael Juliano

June 10, 3:06 PM

Bain Capital's $5.6B takeover of PowerSchool is under scrutiny for conflicts of interest and inadequate price. Shareholders are being cashed out.

BLOK

2 minute read

Microsoft’s Xbox Division Unveils Game Releases And Expansions: Report

By Shivani Kumaresan

June 10, 6:28 AM

Microsoft unveiled all-digital Xbox Series X and S consoles, featuring a disc-less version and a special edition with 2 terabytes of storage, at its annual Xbox Games Showcase. Highlighting the event were new titles like "Doom: The Dark Ages" and the anticipated "Gears of War" sequel.

IYW

2 minute read

Microsoft Under FTC Investigation For Inflection AI Acquisition Strategy: Report

By Shivani Kumaresan

June 6, 6:25 AM

Microsoft Corp. is reportedly under FTC scrutiny for its $650 million deal with Inflection AI. The FTC is investigating if Microsoft designed the agreement to bypass antitrust review, potentially leading to fines and suspension of the deal. This investigation is part of the FTC's broader effort to monitor AI investments by major tech companies.

GOOGL

2 minute read

What’s Going On With Nvidia Stock On Wednesday?

By Anusuya Lahiri

June 5, 12:36 PM

Nvidia CEO plans increased investments in Taiwan, praising TSMC and other local tech suppliers. Stock up 197% in past year. Gain exposure with SMH, IYW.

INTC

2 minute read

Microsoft To Fund Startup That Enhances AI Deployment

By Shivani Kumaresan

June 4, 7:16 PM

Touchcast Inc., a startup focused on caching generative AI queries, is set to raise $100 million from venture backers, including Microsoft Corp. The New York-based company aims to reduce computational and energy requirements for models like OpenAI's GPT-4. CEO Edo Segal expects the new funding to push Touchcast's valuation to at least $350 million.

ACN

1 minute read

Apple’s Streaming Ambitions In China Continue Despite Geopolitical Tensions

By Anusuya Lahiri

June 4, 11:27 AM

Apple could partner with China Mobile to bring Apple TV+ to China, tapping into a potential market of over 200 million customers. Despite tensions, Apple has strengthened its presence and partnerships in China, with stock up 8% in the last year.

AAPL

2 minute read

Microsoft Faces Privacy Wrath Over Education Suite: Report

By Shivani Kumaresan

June 4, 6:00 AM

Microsoft reportedly faces scrutiny over privacy concerns in its online education software. NOYB alleges violations of EU regulations, prompting an investigation by the Austrian Data Protection Authority.

IYW

1 minute read

What’s Going On With Apple Stock On Tuesday?

By Anusuya Lahiri

May 28, 9:03 AM

Apple's iPhone sales in China increased by 52% in April, following a decline earlier this year. The company's stock price rose after the report.

AAPL

2 minute read

Kenya Set For Digital Revolution: Microsoft And G42’s Investment In AI And Cloud Infrastructure

By Shivani Kumaresan

May 22, 10:05 AM

Microsoft and AI company G42 announced a $1 billion investment to transform Kenya's digital landscape. This initiative, in partnership with Kenya's Ministry of Information, aims to establish a state-of-the-art green data center powered by renewable geothermal energy in Olkaria. The project will enhance digital skills training, boost cloud adoption, and improve connectivity, positioning Kenya as a digital leader in East Africa.

IYW