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The company reported an 8% increase of earnings at $90.1bn beating Wall Street expectations with net profit of $1.29 a share Apple’s quarterly earnings on Thursday revealed that the company is weathering the ongoing tech downturn better than its competitors, reporting revenue and profit that topped Wall Street targets. Revenue rose 8% this quarter to …

Apple weathers tech industry storm to top profit and revenue targets Read More »

Company sees drop in after-hours trading after issuing guidance on the holiday quarter that worried investors Amazon shares dropped close to 20% in after-hours trading on Thursday after the company said its all-important holiday shopping season would be smaller than expected. The company is the latest tech giant to disappoint Wall Street this week. After …

Amazon shares drop nearly 20% after company predicts weaker holiday sales Read More »

Virtual reality gamble is not paying off as Mark Zuckerberg appears to be going out on a limb with avatars After shares in Facebook’s parent, Meta, slumped by as much as 25% in the wake of abysmal quarterly results, critics intensified their calls for its chief executive to abandon his astronomically expensive pivot to the …

Meta shares dip is proof metaverse plan never really had legs Read More »

Tweet comes as advertisers fear one of his first moves as chief will be to restore Donald Trump’s account Elon Musk has claimed he has “acquired Twitter” in a post to the social network reassuring advertisers it will stay a safe place for their brands, amid fears one of his first actions as chief executive …

Elon Musk claims he has acquired Twitter amid Trump concerns Read More »

Speculation is rife about whether the insurer will pay a hacker who claims to have extracted 200GB of files Get our morning and afternoon news emails, free app or daily news podcast Two weeks after the Medibank cyber-attack, the question that remains unanswered is: will the company pay a ransom? Medibank said it has determined …

Medibank cyber-attack: should the health insurer pay a ransom for its customers’ data? Read More »

Study says deployment of technology in public by Met and South Wales police failed to meet standards Police should be banned from using live facial recognition technology in all public spaces because they are breaking ethical standards and human rights laws, a study has concluded. LFR involves linking cameras to databases containing photos of people. …

UK police use of live facial recognition unlawful and unethical, report finds Read More »

In this week’s newsletter: from zipline stunts to illegal parties, British Scandal charts the highs and lows of the former prime minister’s career. Plus: the five spookiest podcasts fit for Halloween. Sign up for the full article here High Low With EmRataWidely available, three episodes weeklyEmily Ratajkowski (above) has come a long way since exhibiting …

Best podcasts of the week: the full story of Boris Johnson’s rise and fall Read More »

The performance-capture body suits, the annoying helmet cams, the makeshift props … actors describe the experience of making video games ‘where there’s nowhere to hide’ The Call of Duty series is the action-movie blockbuster of the video game world. Loud, violent and filled with crazy stunts, these globetrotting military romps put their fictitious heroes through …

‘I need to do this scene upside down’: what it’s like to act in a Call of Duty game Read More »

Tesla CEO changes his profile to ‘Chief Twit’ as Friday deadline to finalize his takeover deal nears Elon Musk paid a visit to Twitter’s headquarters ahead of an end-of-week deadline to close his deal to buy the company, posting a video of himself in the company’s San Francisco lobby carrying a sink. “Entering Twitter HQ …

Elon Musk makes splashy visit to Twitter headquarters carrying sink Read More »

Facebook parent company’s revenue was 4% less than the same period last year as it struggles to compete with TikTok Shares in Meta dropped on Wednesday after the company announced mixed results in its third quarter earnings report, beating analyst predictions for revenue but offering a weak forecast for the upcoming quarter. The Facebook parent …

Meta shares drop as company announces mixed quarterly results Read More »