Apple, once a dominant player in the Chinese smartphone market, has seen its market share drop significantly in the second quarter. According to a report by Canalys, Apple's market share in China shrank to 14% in the second quarter, down from 15% in the first quarter and 16% in the same period a year ago.
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The highly anticipated revamp of Electronic Arts' college football game, EA Sports College Football 25, has taken the gaming world by storm. With the game officially debuting on Friday, many longtime fans of the series are experiencing a technological leap from a flip phone to an iPhone in terms of gameplay. The revamped features and
Michelle Mack, the ringleader of a nationwide organized retail crime operation that targeted major retailers such as Ulta Beauty and Sephora, has been sentenced to more than five years in a California state prison. Alongside her husband, Kenneth, she orchestrated a sophisticated operation from their mansion in Bonsall, California, overseeing a network of individuals who
General Motors has recently announced its plans to increase production of the Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year. The new SUV will come equipped with a standard 55-inch diagonal display across the dash, including a passenger-only screen, an “executive package” for the second
Macy's, a department store giant, recently announced that its board has decided to terminate negotiations with Arkhouse and Brigade, an activist group that was in talks to take the retailer private for $6.9 billion. The reason cited for this decision was the lack of certainty of financing and the failure to deliver compelling value. Despite
Amazon, as one of the largest e-commerce platforms globally, has always been known for its competitive pricing strategies. However, a recent incident involving Brandon Fishman and Mason Arnold sheds light on the downside of Amazon's automated pricing algorithms. The story revolves around a discount promotion at Target that inadvertently led to a loss of the
China has been making significant progress in the development and deployment of robotaxis in recent years. Local Chinese governments, from Beijing to Guangzhou, have been allowing domestic players to operate robotaxi rides for the public. This has led to a surge in the popularity of robotaxis, with videos about fully autonomous driving taxi experiences becoming
Intuit, the parent company of TurboTax, recently faced a setback in midday trading as its shares fell by nearly 4%. This decline was a result of the company's decision to cut 1,800 jobs, representing about 10% of its workforce. The move came as Intuit seeks to increase investments in artificial intelligence. However, it also announced
Etsy, the online marketplace that was once a haven for artisans and craft makers, has been experiencing a shift towards mass-produced, generic items in recent years. This influx of resellers has prompted Etsy's CEO, Josh Silverman, to take action in an effort to return the platform to its roots. A major overhaul of the site's
Investors face a challenging landscape of mixed economic signals and a soaring S&P 500 index. In such times of uncertainty, turning to research from top Wall Street analysts can provide guidance on stocks with strong fundamentals and growth potential. One such pick is Micron Technology (MU), a chipmaker that recently reported impressive results for the
The stock of Samsung Electronics reached its highest level since January 2021 following the announcement of better-than-expected profits for the second quarter. The South Korean tech giant saw an increase in its stock price by as much as 2.24% on Friday morning, trading at 86,500 Korean won ($62.73) according to LSEG data. This surge came
The recent $2.65 billion deal between Saks Fifth Avenue parent HBC and department store chain Neiman Marcus is a strategic move to boost their negotiating power with vendors and enhance their ability to control costs. In the midst of a luxury retail market grappling with slowing demand due to high interest rates and inflation, this
The European Union regulators have recently accused Meta, the parent company of Facebook, of violating antitrust rules by failing to comply with the bloc's regulations regarding its new ad-supported social networking service. The Commission has criticized Meta's ad-supported subscription option, labeling it as a “pay or consent” model, which essentially forces users to either pay
Mt. Gox, once the largest spot bitcoin exchange in the world, met a tragic end a decade ago after being hacked and declaring bankruptcy. The platform claimed to handle around 80% of all global dollar trades for bitcoin and was a pivotal player in the cryptocurrency market. The company, whose name was derived from “Magic: