New Delhi, June 25 (IANS) Apple’s decision to raise prices for select MacBook and iPad models marks a broader shift in the consumer electronics industry, with surging memory costs and AI-driven demand for semiconductors forcing manufacturers to reconsider pricing strategies, analysts said on Thursday.The price hikes come after Apple indicated that it could no longer fully absorb rising component costs, particularly for memory and storage chips that have witnessed sharp increases amid strong de…
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New Delhi, June 23 (IANS) China has manipulated its trade data to show that its current account surplus as a share of GDP is smaller that of Europe and managed to get this data accepted by the IMF, according to a report published by Council on Foreign Relations (CFR).“There is a particular chart that appears in most OECD and IMF publications on imbalances that paints a deceptive picture of the state of today’s world. It shows that Europe’s current account surplus was bigger, as a share of …
Seoul, June 19 (IANS) Seoul stocks traded sharply higher on Friday, buoyed by chips and other tech heavyweights, after topping the historic 9,000 landmark the previous session.The benchmark Korea Composite Stock Price Index (KOSPI) rose 200.67 points, or 2.21 percent, to 9,264.51, as of 11:20 a.m., after peaking above 9,300 at one point, reports Yonhap news agency.The index followed gains on Wall Street overnight, lead by major chipmakers, including Intel. The U.S. semiconductor company jumped a…
New Delhi, June 18 (IANS) US-based tech giant Apple may raise prices across some of its products as surging memory and storage chip costs due to an increase in demand from artificial intelligence (AI) data centres continue to put pressure on the company’s margins, according to a report.Speaking to The Wall Street Journal, Apple CEO Tim Cook said the company can no longer fully absorb the sharp increase in component costs and may eventually pass some of the burden on to consumers.”Unfortunately, …
Washington, June 13 (IANS) The US Department of Justice cleared Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, removing a major regulatory hurdle for a deal that would reshape the global entertainment industry by bringing together some of Hollywood’s most valuable film, television and streaming assets.After an eight-month antitrust investigation, the Justice Department said the $111 billion transaction was unlikely to harm competition in streaming services, television broad…
New Delhi, June 10 (IANS) Apple CEO Tim Cook on Wednesday congratulated Prime Minister Narendra Modi on becoming the longest serving PM in India’s history.“Congratulations on becoming the longest serving prime minister elected in India’s history, and thank you for supporting innovation that enriches people’s lives,” Cook posted on X.PM Modi posted on X that he is deeply touched by the good wishes conveyed by people from all walks of life today and over the last few days. “While I may…
New Delhi, June 9 (IANS) Apple on Tuesday announced a range of new features across its services ecosystem as part of its 2027 software releases, introducing artificial intelligence-powered enhancements to Maps, Wallet, Find My, Podcasts, iCloud and Fitness+.The company said the updates are designed to make everyday experiences more useful, intelligent and convenient for users across its devices.Announcing the new features, Eddy Cue said the company is focused on bringing powerful new capabilitie…
New Delhi, June 9 (IANS) At a time when regulatory scrutiny around children’s online safety is intensifying globally, Apple’s new parental control enhancements are consistent with its privacy-first positioning, analysts said on Tuesday.At the ‘WWDC 26’ annual conference, Apple unveiled its upcoming software releases that bring powerful and intuitive new features to help parents create safe digital experiences for kids.By setting up a child’s account, parents can immediately enable age-approp…
Cupertino (California), June 9 (IANS) Apple has unveiled its upcoming software releases that will deliver the next generation of Apple Intelligence and introduced Siri AI, an entirely new version of Siri that is profoundly more intelligent, knowledgeable and capable.According to the company, the releases also bring powerful and intuitive new features to help parents create safe digital experiences for kids, as well as improvements that further elevate the software design and performance of Apple…
New Delhi, June 8 (IANS) US-based technology giant Apple is expected to unveil a series of artificial intelligence (AI)-focused updates and new software capabilities as its annual Worldwide Developers Conference (WWDC) begins on Monday, according to multiple reports.The conference — which traditionally focuses on software and developer tools rather than hardware launches — is likely to provide insights into Apple’s evolving AI strategy as the company seeks to catch up with rivals in the rapidl…