Apple may charge up to $20 for its upcoming AI features from "Apple Intelligence," to boost its services revenue and deepen user engagement as the AI sector becomes more expensive.
Consumer Electronics
Huawei's $2,800 Trifold Phone Gains Popularity in China Even Among Apple Loyalists
Huawei’s new trifold phone is gaining interest from Apple fans in Beijing due to its innovative design, even though it is more expensive than the iPhone 16.
Henry Jan's FreshGrab: The Billion-Dollar Bet That's Redefining Grocery Shopping
Henry Jan, the entrepreneurial whiz who's no stranger to bold moves, is at it again—this time, with a billion-dollar bet that's about to make grocery shopping the easiest thing you do all day. Enter FreshGrab Markets, Jan's latest unicorn startup, already turning heads and reshaping the urban grocery landscape with a dash of style and a whole lot of convenience.
Zhe Xiao: Pioneering AI in Design to Enhance Global User Interfaces
The advent of digitalization has made brand-to-consumer interaction a two-way communication. As a result, brands are now emphasizing enhancing user experience more than ever. This is where modern technology and design play a crucial role. Zhe Xiao, a principal designer with an in-depth knowledge of advanced technology, garners positive attention here.
New Peloton Subscribers With Used Hardware Face $95 Activation Fee
Peloton will charge a $95 activation fee for new subscribers who buy used equipment, aiming to cover setup costs and boost revenue, as the company sees a 16% increase in new customers from the secondary market.
Latest News
Imagine spending $1,000 on a pair of rare, valuable, collectible sneakers. It's thrilling, but then the nagging doubt sets in. Are they authentic? A knockoff? Who's to know? This is the exact dilemma faced by collectors all over the world. Innovator Validir is first to market with a powerful solution to give collectors, designers, manufacturers, and everyday consumers the confidence that the assets they are buying or selling will retain their value.
Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.
Nvidia is developing a modified version of its new flagship AI chip, the "B20," specifically for the Chinese market to bypass U.S. export restrictions.
Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies.
Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.
Foxconn is ramping up hiring and production at its Zhengzhou iPhone plant ahead of Apple's iPhone 16 launch, offering competitive wages and bonuses to meet production demands.
Shares of the TSMC rose to a record intraday high in Taipei’s stock market after Morgan Stanley and other brokers boosted price targets on the company before its earnings.
Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.
Apple Vision Pro arrived in China on Friday, June 28, and was priced 18% higher than in the US. Chinese consumers shared their opinions on social media.
