technology
Technology
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Xiaomi launches faster version of flagship EV in challenge to Tesla
Date: October 29, 2024
BEIJING (Reuters) – Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as the fastest four-door car in production in a direct challenge to the likes of Tesla and Porsche. Xiaomi, still better known for smartphones and home appliances than cars, entered China’s crowded EV...
Apple set for biggest revenue jump in two years on iPhone demand in China
Date: October 29, 2024
By Akash Sriram and Aditya Soni (Reuters) – Apple is expected to report its biggest quarterly revenue jump in two years on Thursday, with iPhone demand faring better than recent years toward the end of the company’s annual release cycle, especially in China. The results will provide investors the first hints of demand for the...
Xiaomi chief touts Nurburgring record ahead of EV launch
Date: October 29, 2024
BEIJING (Reuters) – A prototype Chinese electric vehicle has set a record lap time at Germany’s grueling Nurburgring track, its maker Xiaomi said on Tuesday just hours before a company event expected to reveal the production model of the car. Xiaomi Chief Executive Lei Jun said on Chinese social media platform Weibo the SU7 Ultra...
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back
Date: October 29, 2024
By Arsheeya Bajwa (Reuters) – Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker. Shareholders have turned their focus to CEO Pat Gelsinger’s attempts to salvage the company’s lost market lead...
Microsoft’s AI demand under scrutiny as investors seek payday
Date: October 28, 2024
By Aditya Soni (Reuters) – Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday, while investors await signs of AI demand amid growing worries about the slow payoff from hefty investments in the technology. The software giant is widely seen as the front-runner in the race to capitalize on...
Software Architect Plays Critical Role in Streamlining Financial Unification Across Significant Corporate Acquisitions
Date: October 25, 2024
By: Rena Marie The financial sector is changing rapidly. Successful companies adopt technology to improve the accuracy and security of their economic systems. Vijaya Kanaparthi comments on this shift: “Success today requires both human insight and advanced technology to manage the complexities of modern finance.” With 17 years of experience, Vijaya Kanaparthi has impacted the...