Enterprise

In recent months, the foreign smartphone market in China has encountered significant challenges, with November showcasing a remarkable decline in sales figures. This trend is particularly detrimental for Apple, the leading international smartphone manufacturer in the region. An analysis based on data provided by the China Academy of Information and Communications Technology (CAICT) indicates that

CNBC has launched the application process for its prestigious 2025 Disruptor 50 list, marking the thirteenth year of this initiative. As a significant benchmark in the entrepreneurial landscape, the Disruptor 50 seeks to uncover the most inventive venture-backed companies that are utilizing transformative technologies to confront evolving economic challenges and shifting consumer expectations. The deadline

In the competitive landscape of the Chinese smartphone market, Apple is taking decisive steps to retain its foothold as it prepares to usher in the Chinese New Year. With discounts on its flagship models, including significant price reductions on the iPhone 16 Pro and iPhone 16 Pro Max, Apple is responding strategically to the increasing

This week has proven to be a tumultuous one for Tesla, the renowned electric vehicle (EV) manufacturer. After starting the week on a worrying note, with a significant dip in share prices, the company’s stocks made a modest comeback by Friday. As the market closed on that day, shares climbed 0.7%, helping to erase earlier

The year 2024 has been nothing short of monumental for the cryptocurrency market, with Bitcoin establishing itself as the star performer among asset classes. Factors like the emergence of new Exchange Traded Funds (ETFs) and the anticipation of deregulation under a new presidential administration have generated excitement and propelled digital assets to unprecedented heights. However,

In a bold move signifying its ambition in the cutthroat world of artificial intelligence (AI), Alibaba announced on a Tuesday that it is slashing prices on its large language models (LLMs) by as much as 85%. This significant reduction comes from Alibaba Cloud, the e-commerce titan’s cloud computing arm, which highlighted its latest offering, the

As we stand on the brink of a new technological age, the energy demands fueled by artificial intelligence (AI) and cloud computing are reaching unprecedented levels. The U.S. Department of Energy projects that global electricity consumption may surge by as much as 75% by the year 2050, with the vast capabilities enthusiastically pursued by the

As tech titans face mounting pressures from competitors and regulators alike, Google’s Chief Executive Officer, Sundar Pichai, has made it abundantly clear that 2025 stands as a pivotal point in the company’s journey. In a recent address to employees, Pichai emphasized the urgency of innovation and the need to adopt a more agile corporate culture.

On a significant note, OpenAI has announced plans to transition from its current nonprofit format to a public benefit corporation (PBC) by 2025. This pivotal shift is intended to facilitate the company’s commercial aspirations by loosening certain nonprofit restrictions, enabling it to operate more like a high-growth startup. The motivation for this change appears to

In a significant step, the Biden administration announced on Monday the initiation of a comprehensive investigation into legacy Chinese semiconductors, which are integral components in various industries, including automotive, consumer electronics, and national defense. This action underscores ongoing concerns regarding China’s practices in its semiconductor sector, which the U.S. claims are not aligned with fair