April 23, 2024 In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a lukewarm reception to its latest technology offering. Initially set to distribute between 700,000 and 800,000 units in more...
February 8, 2024 The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal. Despite Microsoft's earlier court assurances of maintaining operational independence between the two companies, the recent layoffs suggest more...
January 31, 2024 Tesla's stock experienced a notable downturn following a Delaware court's decision to void CEO Elon Musk's massive $56 billion compensation package. The ruling, stemming from a lawsuit filed by a Tesla shareholder, concluded that Tesla's more...
January 15, 2024 Two of Canada’s biggest cybersecurity news and events providers have struck a partnership to better serve infosec pros. IT World Canada (ITWC), whose four news sites and two podcasts are seen and heard around the more...
January 11, 2024 In a notable shift in the tech industry, Microsoft has recently overtaken Apple to become the world's most valuable public company by market value. According to a MacRumors article, Apple's share price experienced a slight more...
January 9, 2024 In a warning that American data brokers need to be careful about selling precise geolocation information of mobile phone users, the U.S. Federal Trade Commission has proposed banning a major company from taking advantage of more...
December 14, 2023 X's ad revenue struggles amid boycotts. Elon Musk's X (formerly Twitter) is facing a significant downturn in advertising revenue. Insider sources revealed that X expects to end 2023 with around $2.5 billion in ad revenue, more...
December 14, 2023 The European Union recently enacted the EU AI Act, mandating that foundational AI models, including those by OpenAI, adhere to stringent transparency requirements before market introduction. OpenAI, categorized as high-risk under the EU's classification of more...
December 12, 2023 Broadcom revises VMware's licensing model, introducing significant subscription cost reductions and changes in response to earnings challenges. Broadcom, following its acquisition of VMware, has made a notable shift in VMware's licensing approach, including a substantial more...
December 12, 2023 Oracle experiences a downturn in share prices as revenue growth fails to meet market expectations, despite a notable rise in net income. Oracle Corporation's share prices have taken a hit after reporting lower-than-expected revenue growth, more...
