Technology

Apple iPhone 15 Pro deliveries slip to October in sign of demand

BLOOMBERG Apple Inc’s new iPhone 15 Pro quickly saw initial delivery times slip into October as the new flagship device went on sale for pre-orders, suggesting strong demand for the most-expensive models. Four iPhone 15 models became available for pre-order in several countries. The Pro Max, which starts at $1,199, saw its first deliveries slip from Sept. 22 to as ...

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Everything Apple Plans to Show on September 12: iPhone 15, Watches, AirPods

BLOOMBERG Apple Inc’s most important new product unveiling of the year gets underway on Tuesday, when the company will introduce the iPhone 15, new smartwatches and the latest AirPods. The event kicks off from the company’s headquarters in Cupertino, California, on September 12 at 10 am local time. The most significant new product will be the iPhone 15 Pro line, ...

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China seeks to broaden iPhone ban to state firms, agencies

BLOOMBERG China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc in its biggest foreign market and global production base. Several agencies have begun instructing staff not to bring their iPhones to work, people familiar with the matter said, affirming a previous ...

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Apple sets September 12 date for launch of iPhone 15, new watches

BLOOMBERG Apple Inc has set September 12 as the date for its biggest product-upgrade event of the year, when it’s set to unveil the iPhone 15 line and next-generation smartwatches. The company announced the plans on its website and via email under the tagline “Wonderlust.” The presentation will be streamed online at 10 am Pacific, with an accompanying event at ...

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HP drops on reduced profit, cash outlook as PC woes continue

BLOOMBERG HP Inc reduced its full-year cash flow and profit outlook, saying a rebound in the market for personal computers will take longer than expected. The shares declined about 8.4% in early trading. Free cash flow for the fiscal year ending in October will be $3 billion, the Palo Alto, California-based company said in a statement. It previously projected about ...

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Instacart files for IPO revealing profit, PepsiCo investment

BLOOMBERG Instacart joined chip designer Arm Holdings Ltd in moving ahead with an initial public offering, adding momentum to a return of high-profile listings. The largest US online grocery delivery company disclosed in its filing with the US Securities and Exchange Commission that PepsiCo will buy $175 million in preferred convertible stock. The company also revealed it turned a profit ...

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Google, Twitter, Facebook  Under EU scrutiny as new rules kick in

BLOOMBERG Meta Platforms Inc, Google and X, formerly known as Twitter, will need to adhere to strict new content moderation rules in the European Union (EU) when a new law governing social media platforms becomes legally enforceable. Alphabet Inc’s Google said that it’s making several changes to comply with the EU’s Digital Services Act (DSA), including expanding access to data ...

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Nvidia nears record high as AI demand fuels forecast

BLOOMBERG Nvidia Corp shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence (AI) race delivered a third-straight sales forecast that surpassed Wall Street estimate. Shares rose 8.7% to $512 before markets in New York opened on Thursday after Nvidia said sales will be about $16 billion in ...

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Snap appoints India head, announces revamp

BLOOMBERG Snap Inc is appointing a former Google executive to lead its India operations as it strives to become a major social media force in a key growth market. Pulkit Trivedi will start as Snap’s managing director for India, the Snapchat parent said. The company also announced a new, localised organisational structure for the region, with teams such as those ...

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Twilio unveils AI tools to broaden customer data

BLOOMBERG Twilio Inc is launching new AI-powered features in its suite of data management services, responding to customer demand on how best to use the emerging technology to expand their businesses. With the new tools, clients will be able to generate suggestions about marketing strategy and use internal data to build automated contact support services, the company announced ahead of ...

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