Hedge Fund Investors Pull $100B From Market As Stock Pickers Underperform
Hedge fund managers kept busy in 2023 buying stocks they thought would perform well and betting against stocks they believed would fall.
Apple Is Playing It Cool In AI Race, But Top Fund Manager Says It May Be Priming To Lead Another ‘Revolution’
Apple's delayed AI foray shouldn't worry investors as it would ultimately make it big, given its massive ecosystem of users, according to a fund manager.
Three Sentences That Saved Apple’s Macintosh 1984 Launch And Underlined Steve Jobs’ Leadership
Steve Jobs-led Apple launched the original Macintosh in 1984. However, it wasn't always smooth sailing for Jobs and his Macintosh team.
Key Apple Hire Departs Microsoft’s AI And Mixed Reality Division, Report Says
Caballero, who previously served as Apple's president of engineering, was hired by Microsoft to work on devices such as HoloLens in the company's mixed reality and AI organization.
Sorry, MrBeast: You Are Better Off On YouTube Than On Elon Musk’s X — New Data Just Proves It
Data from YouTube vindicates MrBeast's decision to stick to the video streaming service instead of X, and it's 194 times more profitable.
EV Giant Tesla Managed To Sell Just 1 Model Y In This Asian Country Last Month
However, the downturn in sales isn't exclusive to Tesla.
Nvidia Is Banking On Chatbots, AI To Speed Up Chip Design Amid Growing Demand: Report
While AI-based tools have their limitations, they are proving to be invaluable for training new chip designers, writing hardware languages, and reporting bugs.
Uber Rival Wheely Launches In Dubai, Targeting Wealthy Clientele With High-End Electric Cars
Wheely, a luxury-focused ride-hailing service, is set to launch in Dubai, posing a challenge to the market's current leader, Uber-owned Careem. The London-based company is targeting affluent clients with a fleet of electric cars.
California Judge Urges GM’s Cruise To Raise Settlement Offer By 1.5x In Robotaxi Accident Case
Cruise last month had proposed a $75,000 settlement to address the ongoing investigation into the accident.
Apple iPhone 16’s Rumored Camera Redesign May Boost Spatial Video Recording Capabilities For Vision Pro
Apple is gearing up to turn the upcoming iPhone 16 into a recorder for its $3500 mixed reality headset Vision Pro with a redesigned camera.