Tag: Mobile
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SpaceX’s mobile ambitions jolt US telecom market, analysts debate threat
Aug 4 : SpaceX’s ambition to build a full-fledged mobile service rattled investors in the U.S. wireless sector on Tuesday, as the company outlined plans that could eventually pit Starlink against industry leaders Verizon, AT&T and T-Mobile.SpaceX acquired 65 megahertz of wireless spectrum licenses from EchoSt
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AMD’s revenue climbs 50% and data center sales doubled, but the stock is down
AMD’s Data Center unit is driving the company’s growth, up 107% over last year.
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Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
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Snap’s stock jumps 10% on earnings beat and strong sales forecast
Snap beat analysts’ estimates across the board in its second-quarter earnings report.
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Tim Cook sees Apple’s hybrid AI strategy as a ‘competitive weapon’
Ahead of the launch of Siri AI, Apple’s outgoing CEO Tim Cook said the company will charge for artificial intelligence through iCloud.
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Reddit CEO says Google’s AI Overviews can’t replace ’10 blue links’ for referral traffic
Reddit CEO Steve Huffman said his company has to find ways to work around changes at Google, which is delivering less traffic than in the past.
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Reddit shares sink 7% on ‘choppy’ search referrals even as results blow past estimates
Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.
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Zuckerberg lays out Meta’s AI capacity dilemma: What to sell vs. what to keep
For investors anxious to hear more about Meta’s plans to make money from its big AI spending, Mark Zuckerberg said there’s a trade-off.
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Meta’s Reality Labs lost over $4.6 billion in second quarter
Meta’s Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.
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Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
“Cost went up, prices are going to go up,” Qualcomm CEO Cristiano Amon said in an interview.
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