When Apple unveiled the iPhone in 2007, the late Steve Jobs proclaimed it as a “revolutionary product” that would redefine the smartphone category. However, the initial reception was far from what investors had hoped for. The first few days of sales were a disappointment, leading some to believe that the product was dead on arrival.
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In a recent court filing, it was revealed that Binance founder Changpeng “CZ” Zhao had requested to travel to the United Arab Emirates (UAE) for what was described as “hospitalization and surgery” of an undisclosed person in his life. Despite offering to post his Binance equity, worth $4.5 billion, as security for his return to
In a recent regulatory filing, Hewlett Packard Enterprise (HPE) admitted that its cloud-based email system fell victim to a cyber attack orchestrated by the Russian state-sponsored hacking group known as Midnight Blizzard or Cozy Bear. The breach occurred in May 2023, and HPE was informed about it in December of the same year. This article
SAP, the German software company, recently announced its plans to implement a restructuring program for 2024, which will involve voluntary buyouts or job changes for 8,000 employees. This move is part of SAP’s effort to reposition itself for faster growth and capitalize on the potential of artificial intelligence. While the company aims to maintain its
Apple’s highly anticipated Vision Pro quickly sold out after preorders opened on Friday, causing shipping times to increase to five to seven weeks within a matter of hours. However, according to top Apple analyst Ming-Chi Kuo of TF International Securities, these extended shipping times remained unchanged 48 hours after preorders opened. This could indicate a
After a long-standing battle with antitrust regulators in Europe, Apple has finally offered concessions to gain approval for its Apple Pay mobile wallet feature. This move comes after the European Commission raised concerns about Apple’s exclusive control over its iOS operating system, restricting third-party mobile wallet developers’ access to its payment technology. In this article,
OpenAI’s recent partnership with Arizona State University (ASU) marks an important milestone for both entities. With ASU gaining full access to OpenAI’s ChatGPT Enterprise, the possibilities for incorporating artificial intelligence (AI) into various aspects of education are vast. This new venture aims to revolutionize coursework, tutoring, research, and more. By analyzing this groundbreaking partnership, we
German startup Vay has made its highly anticipated entry into the U.S. market with its pioneering “teledriving” solution. This move places Vay in direct competition with well-established American players in the mobility technology space. Despite the significant funding it has received, Vay faces the challenge of establishing itself in a highly competitive market dominated by
Elon Musk, the enigmatic CEO of Tesla and SpaceX, is no stranger to controversy. However, his latest announcement has raised eyebrows and sparked a new wave of speculation. Musk expressed his desire to obtain approximately 25% of voting control over Tesla, the electric vehicle giant he co-founded. This move comes as a surprise, considering Musk
Microsoft has recently announced that its Copilot virtual assistant will now be available for small businesses. In addition, consumers who subscribe to the Microsoft 365 software can access a paid version of Copilot. These updates aim to expose more customers to generative artificial intelligence, which was popularized by OpenAI’s ChatGPT chatbot last year. By expanding