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TCS, Tata Comm, Infosys in focus after NVIDIA pips Apple in market value

TCS, Tata Comm, Infosys in focus after NVIDIA pips Apple in market value

Thu, Jun 06, 2024

Tata Communications will build AI cloud platform in India by using NVIDIA's GH200 AI chip. TCS and Infosys have partnerships with the US chip giant for AI training of employees. Rashi Peripherals is the primary importer and distributor of NVIDIA's RTX cards in India, and Netweb Tech is in agreement with the chip firm to build GPU servers in India.

Apple shares notch all-time high ahead of developer conference

Apple shares notch all-time high ahead of developer conference

Tue, Jun 06, 2023

Shares of the world's most valuable listed company were last up 1.8% at $184.15. They have jumped nearly 40% in 2023, compared with an 11.5% rise in the benchmark S&P 500 (.SPX).

US stock market news: Dow Jones has best day since January 6 after Apple rally, jobs data

US stock market news: Dow Jones has best day since January 6 after Apple rally, jobs data

Sat, May 06, 2023

The Dow Jones Industrial Average (.DJI) rose 546.64 points, or 1.65%, to 33,674.38, the S&P 500 (.SPX) gained 75.03 points, or 1.85%, to 4,136.25 and the Nasdaq Composite (.IXIC) added 269.02 points, or 2.25%, to 12,235.41.

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Apple, Amazon end audiobook exclusivity deal

Apple, Amazon end audiobook exclusivity deal

Fri, Jan 20, 2017

"With the deletion of the exclusivity agreement, Apple will now have the opportunity to purchase digital audiobooks from other suppliers. This will enable a wider range of offer and lower prices for consumers," tech website theverge.com quoted Andreas Mundt, president, Germany`s Antitrust Agency, as saying.

India to consider Apple's request for incentives with 'open mind'

India to consider Apple's request for incentives with 'open mind'

Wed, Jan 18, 2017

Apple has sent a list of demands to the Indian government, seeking tax concessions and several other policy exceptions, as necessary pre-requisites before it starts production of its iPhones in India.

Smartphone revolution blazes on as iPhone turns 10

Smartphone revolution blazes on as iPhone turns 10

Sun, Jan 08, 2017

The smartphone continues to change the world a decade after the debut of the iPhone, even as Apple is under pressure to come up with a new wonder.

Apple cuts CEO Cook's pay as iPhone sales hit globally

Apple cuts CEO Cook's pay as iPhone sales hit globally

Sat, Jan 07, 2017

"According to a regulatory filing on Friday, Apple said its annual sales of $215.6 billion were 3.7 per cent below its target of $223.6 billion, and its operating income of $60 billion was 0.5 per cent short of the $60.3 billion target," The Wall Street Journal reported.

India reluctant to give special tax incentives to Apple to make iPhones

India reluctant to give special tax incentives to Apple to make iPhones

Thu, Jan 05, 2017

India is resisting Apple Inc`s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the US tech giant.

Apple confirms $1 bn investment in SoftBank

Apple confirms $1 bn investment in SoftBank

Thu, Jan 05, 2017

"Apple is planning to invest $1 billion in SoftBank`s Vision Fund. We have worked closely with SoftBank for many years and we believe their new fund will speed the development of technologies which may be strategically important to Apple," the company said in a statement.

Nintendo's mobile Mario game sets download record but pricing proves sticking point

Nintendo's mobile Mario game sets download record but pricing proves sticking point

Thu, Dec 22, 2016

But Nintendo shares have lost 13 percent since the launch as the latest game to feature the princess-rescuing Italian plumber received negative reviews from users mainly complaining about its $9.99 one-time cost, rather than the usual model of paying small amounts for special features.

Japan's TDK in talks to buy iPhone supplier InvenSense

Japan's TDK in talks to buy iPhone supplier InvenSense

Sat, Dec 10, 2016

Japanese electronic parts maker TDK Corporation is in talks to acquire InvenSense Inc, a US chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co, people familiar with the matter said on Friday.

Google tries new approach with voice on Pixel phone

Google tries new approach with voice on Pixel phone

Sat, Oct 29, 2016

About six months ago, people working on hardware and the voice-activated Google Assistant for the Pixel phone started sitting next to each other at the company`s Mountain View, California headquarters, hammering out minute details of its first phone.

Samsung chip sales in Q3 to ease Note 7 burn

Samsung chip sales in Q3 to ease Note 7 burn

Wed, Oct 05, 2016

Scarred by the global recall of its flagship smartphone, Samsung Electronics Co is set to report on Friday it still expects a small rise in third-quarter profit, analysts say, with healthy sales of memory chips and displays easing the pain.

BlackBerry exits smartphone design with outsourcing plan; shares up 4%

BlackBerry exits smartphone design with outsourcing plan; shares up 4%

Wed, Sep 28, 2016

BlackBerry will outsource the development and design of its smartphones, a product category it helped pioneer and popularise, as the Canadian company bets on software and managing rival devices, it said on Wednesday.

Apple iPhone 7 enters 30 more countries

Apple iPhone 7 enters 30 more countries

Sat, Sep 24, 2016

Coming in silver, gold, rose gold and the new black finish (jet black), iPhone 7 and iPhone 7 Plus will be available in 32GB, 128GB and 256GB models, starting at Rs 60,000, in India.

Taiwan's Foxconn invests $120 million in Chinese ride-hailing start-up Didi Chuxing

Thu, Sep 08, 2016

Taiwan's Foxconn has invested $119.9 million in Chinese ride-hailing firm Didi Chuxing via one of its subsidiaries, the world`s largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about $33.7 billion.

EU’s tax allegations have no basis in fact or law, says Apple Inc's Tim Cook

EU’s tax allegations have no basis in fact or law, says Apple Inc's Tim Cook

Wed, Aug 31, 2016

Written in response to the hefty tax bill amounting to $14.5 billion that Apple Inc would need to pay to European Commission, CEO Tim Cook fought back with an open letter on Tuesday.

Apple to boost investment despite tough market conditions in China

Apple to boost investment despite tough market conditions in China

Tue, Aug 16, 2016

Demand for Apple's phones has plummeted in China, and the government maintains a wary attitude towards foreign technology. This is at least the CEO's second trip to the country in four months.

Warren Buffett's Berkshire Hathaway raises stake in Apple by 55%

Tue, Aug 16, 2016

Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55%, boosting its bet on the iPhone and iPod maker even as prominent investors like Carl Icahn and George Soros have reduced theirs.

Apple Inc is threatening to crash Samsung`s expensive Olympics party

Apple Inc is threatening to crash Samsung`s expensive Olympics party

Wed, Aug 10, 2016

Samsung is mobile phone sponsor of the Rio Games and sells its handsets exclusively to hundreds of thousands of visitors flocking to Olympic venues - but Apple is tempting some of them outside with its own unofficial Games merchandise.

iPhone sales continue to drop, at 40 million in third quarter

iPhone sales continue to drop, at 40 million in third quarter

Wed, Jul 27, 2016

The company said that it sold 40 million iPhones in the third quarter ended June 30, 2016 and earned a revenue of $24 billion. Unfortunately, the revenue has fallen 27% on a sequential basis and 23% from the same period a year ago.

Why did Cook-Modi meeting make China uneasy?

Why did Cook-Modi meeting make China uneasy?

Mon, May 23, 2016

Apple's decision could affect the jobs of tens of thousands of Chinese workers.

Apple's CEO Tim Cook meets PM Modi to plot India strategy

Apple's CEO Tim Cook meets PM Modi to plot India strategy

Sat, May 21, 2016

Apple Inc chief Tim Cook met Indian Prime Minister Narendra Modi on Saturday, concluding a four-day trip to India that could set the stage for Apple's expansion plans in one of the world's fastest-growing smartphone markets.

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