August 8, 2023 Fujitsu, the Japanese multinational technology conglomerate, has announced that it will exit the European PC business in 2024. The move, confirmed by Fujitsu representatives, comes in response to changing market dynamics and the aftermath of more...
August 4, 2023 Intel's network and edge group has seen significant growth in recent years, but sales plummeted by a third to less than $2.9 billion, resulting in a $487 million loss. Intel attributed this decline to customers more...
August 3, 2023 Advanced Micro Devices (AMD) expects a solid year-end performance, fueled by the expected release of artificial-intelligence (AI) processors that might compete with Nvidia semiconductors. AMD CEO Lisa Su stated that manufacture of their flagship MI300 more...
August 1, 2023 Softbank Robotics Europe, the developer of the Nao and Pepper robots, is laying off 40% of its workforce. The company will also be divesting from its direct sales channel for Nao and Pepper, and will more...
July 31, 2023 Apple has taken a step against digital fingerprinting by forcing app developers to justify the use of sensitive APIs. The company says that this is an effort to discourage app makers from trying to track more...
July 31, 2023 Samsung Electronics reported a 95% drop in profits for the second quarter of 2023, blaming the decline in smartphone shipments. Samsung said that revenue for the quarter was 60.01 trillion Korean won (about $47.21 billion), more...
July 28, 2023 Roku beat analysts' expectations for second-quarter earnings and revenue, driven by a rebound in ad sales. The streaming device maker reported earnings per share of 20 cents on revenue of $847.2 million, compared to analysts' more...
July 27, 2023 Amazon's cloud division has drawn thousands of customers to try out its artificial intelligence (AI) service, Amazon Bedrock. The service lets businesses create applications with a range of AI models, including text generation, image generation, more...
July 27, 2023 Ebay has lowered its third-quarter profit forecast, sending its shares down 4.5% after the bell. The e-commerce platform said it expects profit to be between 96 cents and $1.01 per share, compared to analysts' estimates more...
July 27, 2023 Meta reported strong advertising revenue growth in the second quarter of 2023 as its revenue rose 11% to $32 billion, topping analysts' expectations. Ad revenue grew 12% in the quarter, faster than growth at Google. more...
