Apple iPhone first quarter shipments sink as Chinese challengers rise; Samsung regains top spot
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UL Solutions tops revenue estimates in first quarter as a public company
Profit was flat in the first quarter, but the company is expecting to benefit from the “electrification of everything” trend.MarketWatch - Business -
Apple Slashes iPhone Prices in China
As chief Chinesecompetitor Huawei steps up competition, Apple offers huge discounts to stem sales slump.Inc. - Business - Apple -
Samsung trolls Apple after failed iPad Pro "crush" ad
Samsung piles on with its on ad after Apple apologizes for a spot that it acknowledged "missed the mark."CBS News - Top stories - Apple -
Apple agrees to $35 million settlement with some iPhone 7 users
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.CBS News - Top stories - Apple -
Apple has lost its shine. Here’s what can help it regain luster.
Apple historically has managed to be both a Wall Street and Silicon Valley darling. Now, it’s worth asking whether the company will remain either one.MarketWatch - Business - Apple -
First aid shipment driven across new Gaza pier
The U.S. military said the first aid shipment was driven across the new U.S.-built Gaza pier on Friday, ramping up the delivery of humanitarian assistance for Palestinians who are facing deprivation and hunger in Gaza. U.S. Central Command said ...The Hill - Politics -
Apple could owe you up to $349 in the iPhone 7 settlement. The deadline to register is coming up.
To qualify, you’ll need a piece of information from Apple.MarketWatch - Business - Apple -
People who had an iPhone 7 may qualify for piece of $35 million Apple settlement
If you were once an owner of the iPhone 7, or its larger sibling the iPhone 7 Plus, you could qualify for a piece of the $35 million settlement Apple has agreed to pay out.The Hill - Politics - Apple -
How Apple's AI push could do more than just reignite iPhone sales
Melius Research believes Apple's AI-enhanced iPhones could boost multiple parts of the technology giant's business.CNBC - Business - Apple -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
US Supreme Court rejects challenge to top consumer finance agency
Case had questioned the constitutionality of financing for the Consumer Financial Protection BureauFinancial Times - Business -
Retro Gaming Emulators Are Topping iOS and Apple TV Charts, Including One For PSP
Apple recently changed App Store guidelines to allow retro-gaming emulators to be downloaded on iOS, and that's led to a flood of such apps on the storefront. Now, the popular PSP emulator PPSSPP is sizzling the sales charts, as is the ...GameSpot - Tech - Apple -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Pacers score 39 points in first quarter vs. Knicks to set a Game 7 record
The Indiana Pacers scored 39 points in the first quarter Sunday against the New York Knicks, the most in a Game 7 since detailed play-by-play began being kept in 1997ABC News - Sports - NBA -
Trump Media had less than $1 million in revenue during the first quarter
The revenue total came largely from advertising, the Truth Social parent said.MarketWatch - Business - Donald Trump -
DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million
Trump Media, the parent company of Donald Trump's Truth Social, debuted on the Nasdaq stock exchange in March.CNBC - Business - Donald Trump -
Trump Media lost $327.6 million in the first quarter of the year on revenue of just $770,500
Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday ...NBC News - Top stories - Donald Trump -
Trump Media and Technology Group posts more than $300 million net loss in first public quarter
Trump Media and Technology Group, the owner of social networking site Truth Social, lost more than $300 million last quarterABC News - Tech - Donald Trump -
Trump Media says it booked less than $1 million in first-quarter sales
Trump Media posted a loss of $327.6 million in the first quarter because of a financial transaction.CBS News - Top stories - Donald Trump -
The End of ‘iPhone’
Ken Segall is the reason so many Apple products start with “i.” Now he says it’s time to drop the prefix entirely.Wired - Tech -
Chinese EV maker Xpeng aims to deliver its first flying car in 2026
Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside.CNBC - Business -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
MLB Power Rankings: The AL and NL Central are rising -- which teams are in our top 10?
While some of the usual players dominate our list, five of our top teams this week are from two unexpected divisions.ESPN - Sports - MLB -
Sketchy Politics: Sunak's sinking feeling
The FT's UK political commentator Robert Shrimsley and deputy opinion editor Miranda Green sketch out Rishi Sunak's defectors, the fallout from the recent elections, and political drama in ScotlandFinancial Times - World -
Why Caitlin Clark's roller-coaster first week is actually a boost for the WNBA as league rises in popularity
While Clark has struggled to shoot efficiently thus far, she's producing historic offensive numbers from a volume perspectiveCBS Sports - Sports -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
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Manchester City wins Premier League to become first team to win four straight English top-flight titles
Manchester City wins Premier League to become first team to win four straight English top-flight titlesABC News - Sports - Premier League -
All The Best Deals In Samsung's Discover Sales Event
Select Samsung products are on sale during the company's week-long Discover Samsung Sales event, which kicked off today and runs through May 26. The online deals cover everything from TVs, smartphones, and PC monitors to microwaves, refrigerators, ...GameSpot - Tech -
'We need it to be faster,' says Ukraine's ambassador about arms shipments
The Ukrainian ambassador to the U.S. urged American leaders on Sunday to speed up shipments of arms and aid to the country as it struggles to defend against the Russian military. “There is no such thing as fast enough when we are up against such a ...The Hill - Politics - Ukraine -
Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
Report: New, Slimmer iPhone Coming in 2025
A leading tech news site say Apple will release a pricier, thinner model in September 2025, along with the iPhone 17.Inc. - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
10 Best Deals From the Discover Samsung Sale: TVs, Smartphones, Headphones
During Samsung’s seasonal sale event, you can save on Galaxy smartphones and smartwatches, Frame TVs, and more.Wired - Tech -
Samsung Frame TVs are as low as $798 ahead of Memorial Day
Don't miss these price cuts on older models of the reader-favorite Frame TV as part of Walmart's clearance deals.CBS News - Top stories -
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Israel’s leaders put on the spot over Gaza war
Application by ICC prosecutor for arrest warrant for Benjamin Netanyahu loaded with symbolic and practical implicationsFinancial Times - Business - Israel -
A misguided move on Chinese tariffs
New Biden levies on Beijing undermine the global economy and the climate transitionFinancial Times - World