Topic: bloomberg reporting
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Apple to Unveil Over 5 New Products in Coming Weeks
Apple is preparing a major wave of new hardware, including more than five products across MacBooks, displays, iPads, and a new iPhone model, signaling a significant refresh cycle. The launch centers on new Macs, featuring a low-cost MacBook with an A18 Pro chip and updated M5 MacBook Air and Pro ...
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Nvidia Invests Up to $1 Billion in AI Startup Poolside
Nvidia is planning a $500 million to $1 billion investment in Poolside, an AI platform for software development, as part of a larger $2 billion funding round valuing the startup at $12 billion. This investment continues Nvidia's previous support, having also contributed to Poolside's $500 million...
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Apple's Chip Chief Could Be Next Executive to Depart
Johny Srouji, Apple's senior vice president of hardware technologies, is seriously considering leaving the company, signaling significant executive transition. Apple is experiencing a wave of high-profile executive departures, including its AI chief, policy lead, and general counsel, accelerating...
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Google to Let Superfans Test Unreleased Pixel Phones
Google is launching a "Trusted Tester program" for fifteen Pixel Superfans to test and give feedback on an unreleased Pixel phone, marking a shift in product testing and community engagement. Participants must sign NDAs and use the prototype in special cases to hide its design, as Google embraces...
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Apple Reportedly Shelves Mac Pro Development
Apple has paused development of the Mac Pro, prioritizing the Mac Studio as its main professional desktop solution for the future. A significant Mac Pro update is not expected by 2026, as Apple is focusing on integrating the M5 Ultra chip into the Mac Studio instead. The Mac Pro has struggled to ...
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Microsoft's Xbox Price Hikes, Studio Closures Driven by Profit Goals
Microsoft's Xbox division is implementing price increases, studio shutdowns, and layoffs to meet a new corporate mandate for a 30% profit margin, set by CFO Amy Hood in late 2023. This target is significantly higher than the industry's typical 17-22% margin and more than double Xbox's 12% margin ...
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Tesla's Full Self-Driving Hits Major EU Roadblock
Tesla's plan to deploy Full Self-Driving (FSD) in Europe by February 2026 has been disputed by Dutch regulators, contradicting the company's earlier announcement of approval. The Netherlands Vehicle Authority clarified that a final decision on FSD approval is not guaranteed, emphasizing that traf...
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Apple Seeks Dismissal of Musk's OpenAI Lawsuit
Apple is seeking dismissal of Elon Musk's lawsuit, arguing the claims lack substance and fail to show genuine harm, describing them as unfounded speculation. Musk's companies allege Apple manipulated App Store algorithms to disadvantage competing chatbots like Grok and X, but Apple counters that ...
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Tim Cook Teases AI-Powered Apple Products & Services
Apple CEO Tim Cook announced a strategic focus on AI to power new categories of products and services, positioning the company to deliver profound user experiences. Cook expressed confidence in Apple's unique path amid competitive pressure, emphasizing its readiness to deeply integrate AI as a co...
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Meta Shuts Down Three VR Studios in Metaverse Cuts
Meta is laying off about 10% of its Reality Labs workforce and closing several VR game studios, including Twisted Pixel, Sanzaru, and Armature, as part of a strategic shift. The company is reallocating investment away from some metaverse software initiatives and toward the wearables market, such ...
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White House Reveals New Details on Potential TikTok Deal
A preliminary agreement has been reached to transition TikTok's U.S. operations to majority American ownership, with key terms settled but not yet formally signed. The restructured entity will have a board with six out of seven seats held by U.S. representatives, and the app's algorithm will be u...
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