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Author Archives: Techme101
Apple says most US-bound iPhones no longer made in China
The technology giant says US tariffs will add around $900m to its costs this quarter.
Temu Blocks US Shoppers From Seeing Products Shipped From China
The American version of Temu abruptly began to show only “local” products days before the Trump administration was set to end a tariff loophole for small packages from China.
Venmo gaining ground in payments as Cash App struggles
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing steam.
Apple has managed tariffs so far, but Cook says it’s tough to predict beyond June
The vast majority of Apple’s products are “currently not subject” to Trump’s tariffs, CEO Tim Cook said. But beyond June, he didn’t say much.
Reddit’s AI play is for the Google crowd, not just the community scrollers
Reddit CEO Steve Huffman says there are two kinds of people who come to the social media platform: Scrollers and seekers. Scrollers are the ones who come to Reddit’s core product, which is community conversation and engaging about topics they’re … Continue reading
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Amazon CEO says 100,000 users now have Alexa+
Amazon’s upgraded digital assistant powered by generative AI, Alexa+, has rolled out to over 100,000 users, CEO Andy Jassy said on the company’s earnings call Thursday. While that’s a far cry from the 600 million Alexa devices out there, the … Continue reading
A Judge Says Meta’s AI Copyright Case Is About ‘the Next Taylor Swift’
Meta’s contentious AI copyright battle is heating up—and the court may be close to a ruling.
Nvidia CEO Jensen Huang gets first salary raise in a decade
Nvidia CEO Jensen Huang saw a 49% boost to his salary.
Apple’s Quarterly Earnings Tops Wall Street Expectations With $24.78 Billion Profit
Tim Cook, the company’s C.E.O., said he expected $900 million in extra costs this quarter because of President Trump’s tariffs.
Amazon’s Mixed Earnings Report Sends Share Prices Down
The company reported overall mixed results, sending share prices down in after-hours trading.