Margrethe Vestager, the European Commission’s top antitrust official, said Friday that Apple is in breach of competition law because it charges app developers high commission fees and forbids them from telling users about cheaper alternatives. “Our preliminary conclusion is that Apple abused its dominant position for the distribution of music streaming apps through its app … Read more
The company on Wednesday reported revenues of $89.6 billion and a profit of $23.6 billion for the three months ending March 27, blowing past analyst forecasts. The company also authorized a $90 billion share buyback, it said. Apple shares surged more than 3% after-hours following the report. “This quarter reflects both the enduring ways our … Read more
Growing up, the now 58-year-old Japanese acupuncturist felt pressure to conform to Japan’s rules-based society, and to become a model worker and wife. She married young and had three children, but later divorced and says she still struggles to make ends meet. “I’m sure some Japanese people question this way of life where we take … Read more
The government had locked down the country’s entire population in a dramatic step to fight the coronavirus pandemic. Company founders feared the restrictions would leave them in a severe funding crunch that could hurt their ability to expand, pay salaries or even stay afloat. The mood a year later is very different, despite a brutal … Read more
CEO Pat Gelsinger told Reuters on Monday that Intel is in talks with companies that design chips for carmakers about manufacturing those chips in its factories. Intel (INTC) could be producing the chips within six to nine months, he said. That increased supply would be a big help to automakers that have faced production delays, … Read more
New York: Mobile health technology can help induce lifestyle behaviour changes and improve medication adherence among older adults aged 60 and above with existing heart disease, said a statement by the American Heart Association. The scientific statement, published in the American Heart Association journal Circulation: Cardiovascular Quality and Outcomes, highlights research from 26 studies from … Read more
Now the gaming retailer is working to turn things around: Along with the earnings report, it outlined changes aimed at transforming itself into “a customer-obsessed technology company that delights gamers,” its CEO said Tuesday on a call with investors. GameStop (GME) reported net sales of $2.1 billion during the quarter, down 3% from the same … Read more
Ravid created an artificial intelligence-powered water meter called WINT. The unit integrates into existing pipe systems, where it can learn the normal water flow, detect when things go wrong, and shut off malfunctioning parts before any damage is done, according to Yaron Dycian, chief product and strategy officer at WINT Water Intelligence, a startup based … Read more
The app on Thursday introduced several new features aimed at making Google Maps more interactive, including one that makes it easier for users to share photos of locations they visit. The changes are just the latest in a string of updates in recent months, as Google (GOOGL) looks to make Maps not just a place … Read more
“Hi Emily, I’m wondering if you’ve written something regarding ethical considerations of large language models or something you could recommend from others?” she asked, referring to a buzzy kind of artificial intelligence software trained on text from an enormous number of webpages. “Sorry, I haven’t!” Bender quickly replied to Gebru, according to messages viewed by … Read more