Tim Cook’s love for China helps Xi fight fears of economic slump

Tim Cook’s love for China helps Xi fight fears of economic slump

China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic endorsements from chief executives of top global companies. Days after he opened an expansive new retail store in Shanghai and pledged a fresh investment in applied research in the country, Apple Inc. Chief Executive … Read more

BofA’s Hartnett says US tech in a bubble that’s waiting to pop

BofA’s Hartnett says US tech in a bubble that’s waiting to pop

A host of similarities between tech stocks now and previous bubbles suggest the Magnificent Seven is nearing — but not yet at — levels that may lead it to pop, according to Bank of America Corp. strategists. They cite a handful of indicators, such as bond yields, valuations and price action, that suggest there are … Read more

Apple opens new office in Bengaluru, 100 per cent green, 15-floors and space for 1200 employees inside 

Apple opens new office in Bengaluru, 100 per cent green, 15-floors and space for 1200 employees inside 

Apple has opened a brand-new office in the heart of Bengaluru, and it’s making waves for all the right reasons. The 15-story building, located near famous spots like the parliament and cricket stadium, is more than just a workplace – it’s a space designed for creativity, well-being, and innovation. Situated close to public transport at … Read more

US Supreme Court snubs Apple-Epic Games legal battle

US Supreme Court snubs Apple-Epic Games legal battle

WASHINGTON: The U.S. Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court’s decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game “Fortnite.” The justices also turned … Read more

Microsoft tops Apple to become most valuable public company

Microsoft tops Apple to become most valuable public company

For more than a decade, Apple was the stock market’s undisputed king. It first overtook Exxon Mobil Corp. as the world’s most valuable public company in 2011 and held the title almost without interruption. But a transfer of power has begun. On Friday, Microsoft surpassed Apple, claiming the crown after its market value surged by … Read more

Pegasus infection found on Indian journalists’ phones after Apple alert: Amnesty International

Pegasus infection found on Indian journalists’ phones after Apple alert: Amnesty International

Representational image only. The Pegasus spyware, which the Union government has not categorically denied buying or using, allows attackers to extract all the contents of smartphones by leveraging software weaknesses that are known to a select few hackers, and sold for millions of dollars.  The Wire news website’s editor Siddharth Varadarajan and another journalist in … Read more

Tesla’s dimming growth puts seven biggest S&P500 companies under spotlight

Tesla’s dimming growth puts seven biggest S&P500 companies under spotlight

Tesla Inc.’s massive valuation has put it among the biggest firms making up the backbone of the US stock market this year. It’s also the biggest underperformer in that group, and there are signs Wall Street’s excitement is fading. The EV behemoth stands out as the only one of the seven biggest companies in the … Read more

How Microsoft vs Google turns into a battle between two Indians

How Microsoft vs Google turns into a battle between two Indians

In a federal courtroom in Washington DC, Microsoft CEO Satya Nadella took the stand on Monday, testifying at an anti-trust trial against Google. The two tech giants, often seen as pillars of the Indian tech world, are now rivals in a heated battle. While Nadella never directly mentioned Sundar Pichai, Google‘s CEO, he didn’t hold … Read more