Author: IQ TIMES MEDIA
The global memory chip shortage is catching up with Apple, Tim Cook says.The Apple CEO said on the company’s first-quarter earnings call that Apple is beginning to feel the effects of the memory shortage crisis, with rising prices expected to put pressure on margins ahead.The warning comes amid blockbuster demand for Apple’s newest products. Customer response to the latest iPhone lineup “exceeded our expectations,” with iPhone revenue jumping 23%, Cook said on the call Thursday.Apple reported revenue of $143.76 billion and earnings per share of $2.84, beating analyst estimates.The staggering iPhone demand left Apple exiting the December quarter with “very…
Apple exceeded expectations when it reported its quarterly earnings on Thursday, revealing that it made $143.8 billion in revenue for a 16% year-over-year increase. As analysts peppered CEO Tim Cook with softball questions during Apple’s earnings call, one analyst dared to ask the question that seemingly no one in Silicon Valley is willing to ask. “When I think about your AI initiatives, you know, it’s clear there are added costs associated with that… Many of your competitors have already integrated AI into their devices, and it’s just not clear yet what incremental monetization they’re seeing because of AI…,” started Morgan…
Three of Elon Musk’s companies — SpaceX, xAI, and Tesla — are in play for a potential merger. While the talks appear to be in the early stage, according to reports from Bloomberg and Reuters, it could eventually lead to at least one company folding into SpaceX. Two scenarios are being hashed out. In one, SpaceX and Tesla would merge, per Bloomberg, citing unnamed insiders. In another, SpaceX and aXI (which already owns Musk’s social media platform X) would combine. According to reporting by Reuters, a merger between SpaceX and xAI could take place ahead of a planned SpaceX IPO…
By Nancy LapidJan 29 (Reuters) – New U.S. nutrition guidelines issued in January by the Trump administration have abandoned the government’s long-standing practice of recommending specific limits on alcohol use in favor of simply advising people to drink less.The International Agency for Research on Cancer first classified alcohol as a carcinogen to humans in 1987. Evidence for this link from studies in humans and animals has strengthened since then, according to a January 2025 report from then-U.S. Surgeon General Dr. Vivek Murthy showing cancer risks rise modestly with consumption.Here is what research has shown about alcohol intake and cancer:WHICH CANCERS…
OpenAI, a company already valued at $500 billion, has made it known that it’s on the hunt for another $100 billion in investment. Such a funding round could lead the company’s valuation to shoot up to a titanic $830 billion. The Wall Street Journal is now reporting that Amazon may contribute at least $50 billion of that record-breaking investment. Not much is known about the potential deal, although the Journal notes that Amazon’s CEO, Andy Jassy, is currently leading the negotiations with OpenAI CEO Sam Altman. TechCrunch reached out to Amazon and OpenAI for comment. In its pursuit of additional…
Elon Musk starts and owns lots of companies. Maybe he’s going to change that, a bit: The world’s richest man is reportedly working on a plan to merge two of his most valuable companies into one megacompany.Musk, Reuters reports, wants to merge xAI — his very valuable AI company that has already merged with the company that used to be called Twitter — into SpaceX, his very valuable rocket company.”The combination would bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof,” Reuters says, suggesting that a combined company could help Musk build…
Big-screen TVs are more popular and affordable than ever. I’ve got a 75-inch set in my own living room, and it’s brought a new level of immersion to movie nights and gaming sessions. They’re a particularly great fit for big sports events, like Super Bowl watch parties, since the best 75-inch TVs pull you into the action in a way smaller screens just can’t. Of course, a big TV is pointless if its picture quality isn’t up to par. Performance can swing wildly from model to model. That’s why I’ve picked the best 75-inch and 77-inch TVs for different budgets…
NEW YORK (AP) — A man claiming to be an FBI agent showed up to a federal jail in New York City on Wednesday night and told officers he had a court order to release Luigi Mangione, authorities said. He’s now locked up there too.Mark Anderson, a 36-year-old Minnesota native who has a history of drug and other arrests and disclosed last year in court papers that he suffers from mental illness, was arrested and charged with impersonating a federal officer in a foiled bid to free Mangione from the Metropolitan Detention Center. Mangione is being held at the notorious…
Microsoft delivered a solid earnings report on Wednesday with $81.3 billion in revenue for the quarter (up 17%), net income profits of $38.3 billion (up 21%), and a record-breaking Microsoft cloud revenue of over $50 billion. But the stock was getting pounded on Thursday as investors worried about how much the tech giant was spending to build out its cloud and questioned whether that investment would pay off. Microsoft CEO Satya Nadella says the answer to that question is yes — and spent considerable time on the earnings call trying to make that point. Microsoft has spent almost as much…
A person’s genes play a far greater role in likely lifespan than previously thought, according to a major new study published Thursday in the journal Science.Using data from human twin studies, an international team of researchers arrived at the conclusion that the genetic contribution to how long we’re likely to live is as high as 55%.This new finding is strikingly higher than previous estimates, which have calculated the role of genetics in lifespan could range from 6% to 33%. It’s likely to intrigue — and perhaps disappoint — the fast-growing community of longevity influencers and self-described biohackers touting longer lives…