Month: February 2024

Apple breaks year-long streak of falling revenue with strong holiday sales

Slumping global demand for smartphones did not bring down earnings, but investors were wary of decline in sales in China Apple has ended the quarter with its first revenue gain in over a year, but the company still struggled to cope with a decline in global smartphone demand. The company posted $119.58bn in revenue and …

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Amazon profits surge on strong trading season and cloud computing growth

World’s largest retailer clears Wall Street expectations with $170bn revenue as it continued to cut jobs in recent weeks Profits at Amazon have surged on strong seasonal trading and robust growth in its powerhouse cloud computing business. The world’s largest retailer generated revenue of $170bn in the three months to December, up 14% on the …

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Floating sauna rescues Tesla driver and passenger from Oslo fjord – video

Two occupants of a car that plunged into a freezing Oslo fjord escaped unharmed when a floating sauna came to their rescue, Norwegian police have said. A video obtained by NTB on Thursday shows the Tesla, partially submerged in the water, with its occupants sitting on the roof. The car can be seen sinking under …

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Elon Musk’s unlikely foe in $56bn pay defeat: US thrash metal drummer

Musician Richard Tornetta brought case against Musk, who suffered one of the biggest legal losses in US history this week Elon Musk suffered one of the biggest legal losses in US history this week when the Tesla chief executive was stripped of his $56bn pay package in a case brought by an unlikely opponent: a …

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Kids are on their phones more than ever. We asked parents what they’re doing about it

From phone curfews to leading by example, parents from around the world share views on their children’s screen time From bizarre TikTok fads to evading parental controls, managing your child’s relationship with screens can be a minefield. By age 11, 91% of children in the UK own a smartphone, according to data from the country’s …

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The man who owes Nintendo $14m: Gary Bowser and gaming’s most infamous piracy case

The hacker whose involvement with anti-piracy software ended in a jail sentence has emerged from prison struggling to make rent as he starts paying his fine. ‘It could be worse,’ he says In April 2023, a 54-year-old programmer named Gary Bowser was released from prison having served 14 months of a 40-month sentence. Good behaviour …

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Elon Musk acts to move Tesla legal base to Texas after pay package ruling

Tycoon announces shareholder vote on relocating after Delaware judge strikes down $56bn pay package as ‘unfathomable’ Nils Pratley: three cheers for the Delaware judge Elon Musk has announced Tesla will hold a vote on moving the company’s legal base to Texas after the state of Delaware threw out his $56bn pay package at the electric …

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More than half of UK undergraduates say they use AI to help with essays

Teachers also using the generative technology to aid with lesson planning, with hopes it could ease the burden of their workload More than half of undergraduates say they consult artificial intelligence programmes to help with their essays, while schools are trialling its use in the classroom. A survey of more than 1,000 UK undergraduates, conducted …

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‘I’m Singaporean’: TikTok CEO grilled by US Senator repeatedly about ties with China – video

US senator Tom Cotton repeatedly asked TikTok’s Singaporean chief Shou Zi Chew about his ties with China and if he had ever belonged to the Chinese Communist party during a hearing over alleged online harms to children. It was the first appearance by Chew before lawmakers in the US since March, when the Chinese-owned short …

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At last, a new politics podcast that promises to be more than a ‘dadcast’

Three esteemed lawyers team up to look at the news through a legal lens in Law and Disorder. Plus: five of the best wellness podcasts • Don’t get Hear Here delivered to your inbox? Sign up here Are podcasts all populated by centrist ex-politicians offering remainer hot takes? It can feel like it. We mentioned …

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