Apple Financial News

By Stephen Nellis

iOS 18 update may first be seen on the next generation of iPhones in September, before rolling out to other devices a few days later. However, even before the official announcement of iOS 18, a new leak has provided a glimpse of the names of iPhone models that could receive the iOS 18 update later this year.

(Updated — February 28, 2024 6:23 AM EST)

The news that Apple has shelved its autonomous car plan–Project Titan–has sent ripples across technology and automotive industries. The company has pumped untold resources into Titan for almost a decade. It is now apparently relocating some personnel in the Titan team to artificial intelligence research and development and probably letting the others go.

iPhone 16 series to arrive, rumours have already started to swirl about the expected changes the Cupertino-based tech giant may make to its iPhone 17 lineup, which will debut next year. According to a recent report from The Elec, Apple could be moving away from its current norm of using low-temperature polycrystalline silicon (LTPS) with the vanilla iPhone and Plus series.

Zvolv, a hyper-automation company with operations across India, US, MEA and ANZ, raised about $2 million from Silverneedle Ventures, along with participation from existing investors, JSW Ventures. Launched in 2018 by former employees of Apple and Texas Instruments Hardik Gandhi and Sujoy Chakravarty, Zvolv is a player in the LCNC (low-code/no-code) hyperautomation space in India.

China’s dominance in electronics exports in some key markets as manufacturers diversify supply chains away from the world’s factory to other parts of Asia, a new study shows. The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years. India’s electronics exports to the US as a ratio of China’s increased to 7.65% in November last year from 2.51% in November 2021, according to London-based Fathom Financial Consulting. In the UK, the share rose to 10% from 4.79%.

₹3,000. “We have been focusing on affordability and are working closely with our production and R&D teams to see what can be developed," Sharma added. The company, which launched the Xiaomi 14 series of smartphones in collaboration with camera maker Leica, is evaluating whether it can bring the more expensive Xiaomi 14 Ultra – priced at €1,499 – to India.

I got what looked like a nice email from Amazon last week. There were no spelling mistakes, so I figured it wasn’t a Russian bot and I could click on it. I was right. It was Amazon announcing a new initiative promoting Quebec products: “Les produits du Québec.” How the titans of globalization cower before the power of local interests!

artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand. The trend was on display at the telecom industry's biggest annual show, the four-day Mobile World Congress (MWC) which got underway Monday in Barcelona, where handset makers focused on the unique AI-powered features of their new flagship devices.

Napoleon's release date on OTT is nearing and the Ridley Scott’s magnum opus will be released on the streaming platform. 'Napoleon' is finally making its debut on Apple TV+ on Friday, March 1. The historical epic starring Joaquin Phoenix as the French leader and Vanessa Kirby as his wife Joséphine divided critics upon its release, for its unexpected tone and humor.

Vision Pro headset, Apple seems poised to explore new frontiers in the wearables market. Gurman's report suggests that Apple's foray into smart glasses aims to rival products like Amazon Echo Frames and Meta Ray-Bans, but with a futuristic twist. The envisioned Apple smart glasses are expected to integrate smart audio and artificial intelligence (AI) features, providing users with an advanced and immersive experience.

Investors are currently grappling with a dilemma with markets at a crossroads: should they maintain bullish bets or step to the sidelines, anticipating a correction?

Apple (NASDAQ:AAPL) will likely take a more aggressive approach to defend its market share in China as the tech giant’s recent challenges in that market and rising competition, most notably from Huawei (HW), put its leading position at risk.

chips race, now has to evaluate $21 billion of semiconductor proposals and divvy up taxpayer support between foreign chipmakers, local champions or some combination of the two. Israel’s Tower Semiconductor Ltd. is proposing a $9 billion plant, while India’s Tata Group has put forward an $8 billion chip fabrication unit, people familiar matter said. Both projects would be in Prime Minister Narendra Modi’s home state of Gujarat, the people said, declining to be named as the matter is not public. Semiconductors have grown into a key geopolitical battleground, with the US, Japan and China investing heavily in developing domestic capabilities. Modi’s push to turn India into a global manufacturing hub also includes luring international chipmakers to the country — a bid to catch up in the sector to save money on expensive imports and enhance a growing smartphone assembly industry.

Nvidia in recent days has made the Wall Street stock among the most popular bets for Indians who invest in US stocks. In volume terms, it is the second most popular stock on Vested Finance since the last 6 months with trading volumes of more than $25 million. Volumes have doubled month-on-month and last week it was crowned as the No. 1 trending stock by number of users and volumes on Vested Finance. The average trading volume per user is almost 5x in February 2024 compared to February 2023, said Viram Shah, CEO, Vested Finance.

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BEIJING – Chinese smartphone company Xiaomi believes it's identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market.

Hrishan has just received his annual bonus. In the past, he has spent similar windfalls frivolously, yielding no tangible benefits. Determined to be more purposeful this time, Hrishan is thinking of using the money to prepay some of his existing loans or following his friend’s suggestion to invest. He has a solid savings and investment strategy that he typically adheres to, but he’s also tempted to accelerate his goal of purchasing an Apple laptop, a long-standing aspiration. He has his eye on a new car as well. Hrishan is torn between the various options for using his bonus. Hrishan must assess whether he has factored in this extra income while drafting his budget and savings plan. If he has, he should adhere to the plan and not view the bonus as a supplement. However, if the bonus is indeed unexpected additional money, Hrishan needs to weigh his options and determine his course of action. While deliberating on the options, it would be prudent to transfer the money to a liquid fund to prevent impulsive spending. Repaying a high-interest loan would enable Hrishan to save on interest expense and release his regular income from EMI obligation. It is advisable to prioritise the settlement of credit card and personal loan debts, which typically attract higher interest rates, before considering partial repayment of home loan. If Hrishan perceives his current job as precarious or prefers flexibility in career, keeping his loan burden minimal might be wise.

Nvidia’s stock price jumped 16% on Thursday, increasing the company's market value by a staggering $273 billion in just one day, a record amount

Stocks clung to modest gains on Wall Street, enough to edge the S&P 500 index to another record high and its sixth winning week in the last seven