Kiwis around the country are partying to farewell 2020 and welcome in the new year. Thousands of people are in Victoria St West in central Auckland and got a close-up view for the fireworks display that went off at midnight from the Sky Tower. The crowd around the Sky Tower screamed with excitement at 11.45pm …
Senate Minority Leader Chuck Schumer said that Democrats would allow for votes limiting a liability shield for tech companies and establishing a commission to examine the 2020 election if the GOP agreed to hold a separate up-or-down vote on sending $2,000 checks to most Americans. “Just give us a vote on the House-passed bill, and …
Gene Munster told CNBC that Apple has a path to $200 per share. “It needs to be anchored in earnings. That’s the powerful piece about the Apple story,” the tech investor said. The former Wall Street analyst added that he believes Apple will be the best performer among FAANG stocks in 2021. Tech investor Gene …
Apple’s market cap jumped by almost $1 trillion this year, followed by Amazon, which increased by over $700 billion. Tesla catapulted into the ranks of the mega-cap companies after its stock surged almost ninefold. Nvidia more than doubled in value as demand picked up for its gaming and data center processors. Tech’s biggest companies just …
Right on schedule, one of SpaceX’s two drone ships left Port Canaveral on December 30th, heading into the Atlantic Ocean to prepare for the company’s first launch and landing of 2021. As always, rocket launches (and landings, in the case of SpaceX) are exceptionally complex events at risk of a wide range of possible delays, …
Daimler Trucks North America LLC agreed Thursday to pay a $30 million civil penalty to settle claims that the German automaker failed to recall vehicles in a timely fashion and comply with federal reporting requirements. Under the settlement, Daimler Trucks will be required to “develop and implement an advanced data analytics program to enhance its ability …
Apple is researching the use of geared hinges that would strengthen a foldable iPhone’s screen. These hinges could allow the iPhone to be folded both inwards like a book, and outwards to have a form of wraparound screen. Apple has previously applied for many patents about a foldable iPhone, ranging from slidable displays and scroll-like screens, to ones with articulated hinges. …
Samsung Electronics vice chairman Jay Y. Lee faces a nine-year prison term in the bribery case that contributed to the downfall of former president Park Guen-hye. Prosecutors argued that the length of the sentence is warranted because of Samsung’s power as the largest chaebol, or family-owned conglomerate, in South Korea. “Samsung is a group with …
HONG KONG (Reuters) – Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence. The takedowns come amid a crackdown on unlicensed games by Chinese authorities. Including the 39,000 games, Apple removed more than …