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Spencer Platt/Getty Images More countries are demanding oil imports coming in from the US. The key drivers are booming U.S. production, expanding pipeline and export capacity, and a slight discount on West Texas Intermediate prices. U.S. crude oil exports are surging and going to a growing number of buyers around the world, including to the […]
Millions of clocks across Europe are running more than six minutes late because of diplomatic tensions between Serbia and Kosovo. The situation is so bad it is literally impacting the European electrical grid. Unlike normal wall clocks and watches, which keep time using quartz crystals, electric clocks use the frequency of the power grid to […]
Millions of clocks across Europe are running more than six minutes late because of diplomatic tensions between Serbia and Kosovo. The situation is so bad it is literally impacting the European electrical grid. Unlike normal wall clocks and watches, which keep time using quartz crystals, electric clocks use the frequency of the power grid to […]
GUEST: At first glance, the artificial intelligence industry seems to be on fire, with tons of consumer demand and ample investor interest. In fact, VC investment in AI startups rose from just $ 3.2 billion in 2014 to more than $ 9.5 billion just in the first five months of 2017. There are countless exciting […]
Wall Street researchers KeyBanc Capital Markets and Bernstein have lowered their ratings for Apple shares due to slowing iPhone sales. This week, the firm reported weaker than expected iPhone sales for December. Read more “Soft iPhone sell-through suggests a saturated market and the lack of gross margin upside reduces our view of potential profit growth,” […]
Reuters Apple CEO Tim Cook on Wednesday made his first public comments on last year’s iPhone battery scandal, where the company admitted that it was slowing down some devices with older batteries. Apple had informed customers of the practice before it became a controversy, but they weren’t paying attention, Cook said. Still, Cook apologized, saying […]
Senator John Thune, chair of the Commerce, Science and Transportation Committee, has sent Apple CEO Tim Cook a letter with questions about the company’s decision to slow older models of iPhones, Reuters reports. In December, Apple admitted to slowing older iPhones in order to prevent spontaneous shutdowns and later reduced its battery replacement price to […]
Apple has issued an apology to its cusromers, following its admission that it intentionally slows down some iPhone models. The Cupertino-based company had issued a statement last week, following the publication of data from benchmarking tool Geekbench that appeared to show that some iOS updates deliberately throttled the performance of some Apple hardware. Geekbench developer […]
(Reuters) – China’s Huawei Technologies on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global reach with more premium products next year. The telecom equipment and smartphone maker expects 2017 revenue to rise 15 percent to 600 billion yuan ($ 92.08 […]
Following a strong backlash for conceding they reduced the processing speed of aging iPhones, Apple apologized to customers and lowered the price of the out-of-warranty battery replacements by $ 50. The tech giant is currently facing nine lawsuits in relation to how the company handles the power management of its batteries in older iPhones. In […]
