Tech Archives - Page 133 of 1385

4 minute read

CMGE Turns Its Game To e-Sports With New Tie-Up

April 30, 9:46 AM

Key Takeaways: CMGE said it has formed a partnership with Guangzhou Chaojing Investment aimed at tapping the latter’s strong position in e-sports CMGE’s shares rose 3.2% on the news and have rallied 30% in the past week on renewed investors interest in the gaming sector after a prolonged crackdown that is now easing

CMGEF

2 minute read

PayPal Raises Annual Outlook, Expands Q1 Margins Amid Competitive Pressure from Apple

By Anusuya Lahiri

April 30, 9:33 AM

PayPal (PYPL) reported Q1 revenue of $7.7B, beating estimates. Total payment volumes increased 14% and operating margin expanded. Q2 and FY24 outlook positive.

AAPL

2 minute read

Apple’s iPads Playing Crucial Role In Russia-Ukraine War: Kyiv Is Using Them To Control Western Weapons, Says US Defense Undersecretary

By Rounak Jain

April 30, 9:13 AM

Apple's iPads are being retrofitted in Ukraine Air Force's fighter jets. This allows iPads to be used to control Western weapons in the ongoing Russia-Ukraine war.

AAPL

2 minute read

Goldman Sachs Tempers Investor Excitement On Tesla Self-Driving Tech In China: ‘Not Yet An Eyes-Off, Unsupervised Product’

By Piero Cingari

April 30, 9:01 AM

Goldman Sachs is keeping excitement over Tesla's partnership with Baidu in check. FSD faces regulatory hurdles in China, one analyst notes.

BIDU

2 minute read

Google Announces Layoffs Across Key Teams as It Gears Up for I/O Developer Conference

By Anusuya Lahiri

April 30, 8:56 AM

Google confirms layoffs in vital teams ahead of annual I/O conference, aiming to align resources with product priorities and reduce bureaucracy.

AMZN

1 minute read

Top Tesla Rival BYD Recalls Over 16,000 Seagull EVs Over Faulty Reversing Cameras

By Anan Ashraf

April 30, 8:42 AM

As for a solution, the company said that it will deploy an over-the-air software upgrade to fix the issue.

BYDDF

2 minute read

Will AI Ignite AMD’s Stock? Q1 Earnings To Test Investor Confidence Today

By Shanthi Rexaline

April 30, 8:22 AM

Santa Clara, California-based AMD is widely expected to report a modest year-over-year increase in first-quarter earnings and revenue.

AMD

2 minute read

California Love Fadin’ For Tesla? EV Giant’s Registrations Plummet As Rivian, Mercedes And BMW Gain Ground

By Anan Ashraf

April 30, 8:03 AM

Tesla registrations in California fell 8% in the first quarter from a year earlier to 50,025 units, marking a second consecutive quarterly drop in the state.

TSLA

2 minute read

Elon Musk Cracks Whip Harder: 2 More Senior Tesla Execs Reportedly Exit As CEO Demands ‘Absolutely Hardcore’ Workforce, Cost Cuts

By Anan Ashraf

April 30, 7:45 AM

Musk reportedly also wrote in the email that he would ask for the resignation of any executive who retains more than three people who don't "obviously pass" his criteria starting Tuesday.

TSLA

2 minute read

Tesla Rival Stellantis Q1 Revenue Declines 12% Amid Preparations For New Product Wave In Second Half

By Pooja Rajkumari

April 30, 7:28 AM

Tesla rivalÂ Stellantis N.V. (NYSE:STLA) announced its first-quarter shipment and revenue report on Tuesday, which showed a 12% decrease…

STLA