Pakistan’s mobile phone imports decline 12% in 7MFY25
On a year-on-year basis, mobile phone imports fall 30.66% in January 2025 to $135.127 million from $194.866 million in January 2024
Trump plans talks with China over TikTok ownership dispute
There's a lot of people interested in TikTok, and we have a chance to do something good by keeping it alive, says Trump
Microsoft unveils Majorana 1 chip to advance quantum computing
The company says the chip reduces errors in quantum calculations, making quantum computing a near-term breakthrough
Apple’s first in-house modem sets stage for Qualcomm phase-out
The chip debuts in the $599 iPhone 16e, with Apple planning to expand its use across future devices
iPhone 16e debuts as Apple’s cheapest new model, replacing iPhone SE
The launch comes at a pivotal moment as Apple looks to revive iPhone sales, which have declined 2% since peaking at $205.5 billion in 2022
Apple set to launch iPhone SE 4 today
Pre-orders are expected to begin on February 23, 2025, with deliveries starting from March 1
Elon Musk’s X in talks to raise funds at $44 billion valuation
The talk comes as Musk’s businesses rise post-Trump’s victory, with Tesla up 40%, SpaceX at $350 billion, and xAI seeking $10 billion
Apple warns UK browser rules may hurt innovation incentives
The company responds to the CMA investigation into mobile browsers, browser engine supply, and cloud gaming distribution through app stores
Google agrees to pay $340 million to settle Italy tax dispute
Prosecutors alleges that Google did not file and pay taxes on revenue generated in Italy
Former OpenAI CTO Mira Murati launches AI startup with former OpenAI team
Thinking Machines Lab aims to develop AI systems that integrate human values and expand AI applications beyond competitors
Elon Musk’s xAI rolls out Grok-3 to Premium+ subscribers on X
Grok-3 aims to compete with AI giants like the Chinese firm DeepSeek, Microsoft-backed OpenAI, and Alphabet's Google
Samsung Electronics adds semiconductor experts to board
The company seeks to regain competitiveness in the chip market after losing its lead in HBM chips used in Nvidia's GPUs to domestic rival SK Hynix
Samsung announces $2.11 billion cancellation of its own shares
The company’s board approves the retirement of 50.1 million common stocks and 6.91 million preferred stocks, with cancellation set for Thursday
Russia fines Google 3.8mn roubles for YouTube clip telling Russian troops how to surrender
Russia orders foreign platforms to remove illegal content and fines non-compliance
South Korea suspends new downloads of DeepSeek AI app over privacy issues
The suspension applies to new downloads of the app, although its web service remains accessible in the country