Techno

Latest news update about Technology from various trusted source.

5 things to know before the stock market opens Tuesday, October 18

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 17, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A real rally, or not? Stocks had a great day to …

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Semafor debuts in tough media environment

Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college educated readers, debuted Tuesday with intentions to bring transparency and clarity to a news business its co-founders believe has become too polarized. Semafor has been preparing for its …

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BYD shares jump after Chinese EV maker forecasts surging profits

Warren Buffett-backed BYD said it expects a more than 300% jump in third-quarter profit. Despite headwinds including a resurgence of Covid in China, rising material costs and a slowing economy, BYD has remained fairly resilient. Nathan Laine | Bloomberg | Getty Images Shares of Chinese electric carmaker BYD rose Tuesday …

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Microsoft confirms job cuts after calling for growth to slow

Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images A Microsoft spokesperson on Monday confirmed that the company let go of additional workers as the software maker’s revenue …

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Apple to launch a foldable iPad rather than iPhone in 2024: Analyst

Apple CEO Tim Cook speaks at an event at the Apple Park campus in Cupertino, California, on Sept. 7, 2022. At a presentation dubbed Far Out, Apple is set to unveil the iPhone 14 line, a fresh slate of smartwatches and new AirPods. Nic Coury | Bloomberg | Getty Images …

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‘She needs to pay her debt’

Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony two …

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Why smartphones deflated 22% while almost everything else is more expensive

Shoppers queue in like outside the Apple store during the launch day of the new iPhone 14 series smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Images The closely-watched consumer price index continues to show headline inflation in the U.S. hovering at levels …

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Hearing aids are now available over the counter at Walmart, Walgreens, CVS and Best Buy

Millions of Americans with hearing loss can now purchase hearing aids without a prescription or medical exam from Walgreens, CVS and Best Buy, according to the companies. Walgreens on Monday started selling over-the-counter hearing aids online and at its stores nationwide for $799 a pair. By comparison, the average cost …

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WWE stock hits 52-week high in Vince McMahon scandal aftermath

Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment is defying broader market trends this year. The company’s …

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Apple’s new iPad Pro tablets reportedly coming in the next few days

Apple’s 2021 12.9-inch iPad Pro Todd Haselton | CNBC Apple is set to announce a new 11-inch and 12.9-inch iPad Pro in the coming days, according to Bloomberg. It gives Apple a chance to get even more new products on store shelves ahead of the holiday shipping season, following the …

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