Business News

JPM tracker sees iPhone 15 shipment times staying static, Pro models improving
2024-05-04 01:26:00
Delivery lead times are starting to improve for the iPhone 15 generation post-launch, but not quite to the levels of the iPhone 14 collection.
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
2024-05-04 00:52:52
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.
Charting a cost-efficient path to a renewable energy grid for Australia
2024-05-03 19:55:24
A model charts the most cost-efficient path to a fully renewable electricity grid for Australia.
Biden grants automakers some flexibility on battery minerals in final EV tax credit rules
2024-05-03 15:34:10
Imperceptible minerals, like graphite, won’t count until 2027.
Microsoft overhaul treats security as “top priority” after a series of failures
2024-05-03 15:34:10
Microsoft outlines its security overhaul.
Heat wave swells Asia's appetite for air-conditioning
2024-05-03 12:25:38
A record-breaking heat wave is broiling parts of Asia, helping drive surging demand for cooling options, including air-conditioning.
Apple profit ebbs as iPhone sales under pressure
2024-05-03 08:23:28
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
Apple buys back record stock and increases shareholder dividend
2024-05-02 23:32:08
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.
US judge grills both sides in landmark Google antitrust trial
2024-05-02 21:19:43
A US judge on Thursday pushed against the central pleas of both US government and Google lawyers as he heard their closing arguments at a landmark antitrust trial in Washington.
Leveraging robots to help make wind turbine blades
2024-05-02 20:55:31
Researchers at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) have successfully leveraged robotic assistance in the manufacture of wind turbine blades, allowing for the elimination of difficult working conditions for humans and the potential to improve the consistency of the product.
Listen to the Apple (AAPL) Q2 2024 earnings call here
2024-05-02 19:57:55
Come and hear Tim Cook discuss how Apple performed in its second reporting period of 2024.
Whistleblower at key Boeing supplier dies after sudden illness
2024-05-02 17:53:07
Joshua Dean was a quality inspector at Spirit AeroSystems, which builds the bulk of the 737 Max for Boeing, and recently died from a fast-spreading infection.
Broadband internet services are disrupted in most parts of Nepal
2024-05-02 16:33:37
Broadband internet was disrupted in many parts of Nepal on Thursday as Indian vendors from whom most Nepali private operators source the bandwidth stopped providing the services because of payment defaults.
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
2024-05-02 16:33:36
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly, with firms in information technology, and in locations like Colorado and the District of Columbia, leading the way, according to a new paper from U.S. Census Bureau researchers.
Electricity from farm waste: How biogas could help Malawians with no power
2024-05-02 16:33:36
In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the world's lowest electricity access rates—just 14.1% of the total population have access to the main grid. In rural areas, the electrification access rate is even lower, estimated at 5.6% in 2021.
Artists from Universal Music Group are heading back to TikTok as new licensing deal reached
2024-05-02 12:09:06
Artists from Universal Music Group, which include Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an approximately three-month long dispute.
Can AI-powered drive-throughs save the day for fast food operators?
2024-05-02 11:09:45
It didn't take long for Harshraj Ghai to respond to the impact of California's new $20 an hour minimum wage for his 3,700 fast-food employees.
Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
2024-05-02 09:50:15
Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday.
Microsoft makes renewable energy deal with Canada's Brookfield
2024-05-02 09:32:25
Microsoft and Canada's Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said on Tuesday.
How to build and protect skills in our modern workplace, a world filled with AI and robots
2024-05-01 23:26:03
Researcher and technologist Matt Beane, an assistant professor in the Technology Management Department at UC Santa Barbara, is calling attention to an immediate and hidden concern in the modern workplace—and offering a surprising path forward.

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