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Apple stocks: Why are AAPL shares down? Morgan Stanley sounds warning over Siri AI updateAI update to Apple's Siri voice assistant unveiled on Monday garnered lacklustre reviews, spurring caution among investors who have seen te...- Apple bets on overdue Siri fix to close AI gapThe revamp, unveiled at its annual Worldwide Developers Conference in Cupertino, California, introduces "Siri AI," a more conversational as...
- Biocon’s Kiran Mazumdar-Shaw chooses niece Claire Mazumdar as successor: ReportBiocon founder Kiran Mazumdar-Shaw has announced her successor. Niece Claire Mazumdar will lead the company. Claire Mazumdar is the founder...
- Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
- Allbirds shares jump over 400% on plans to pivot to AI from sneakersFootwear maker Allbirds shares have surged dramatically. The company is now raising capital and pivoting towards AI computing infrastructur...
- US Stock Market | Nasdaq speeds up big tech entry with new fast-track index rulesNasdaq is changing its rules for the Nasdaq-100 index. New large companies can now join faster. This aims to keep the index updated with bi...
- CNBC to unify digital and TV news operations, cut nearly a dozen jobs, sources sayCNBC is undergoing a significant newsroom restructuring. This move aims to merge its television and digital operations. The changes will re...
- Wall Street ends choppy day lower after jobs dataThe U.S. added the fewest jobs in 2-1/2 years in June, although persistently strong wage growth pointed to still-tight labor market conditi...
- Israel's tech sector troubles, downturn continue in 2023: State agencyA global tech downturn began in the second half of 2022 when inflation and interest rates began to rise and supply chains faltered. In Isra...
- Israel's judicial proposals prompt startups to relocate: government agencyIsrael's high-tech sector employs 10% of the country's workforce accounting for around 15% of economic output, more than half of exports an...
- Nasdaq drives US stocks higher as interest rate worries easeThe benchmark S&P 500 and the Nasdaq closed the week higher on Friday after a moderation in wage increases and a decline in U.S. services a...
- Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumpsWhile some analysts have said a relinquishing of control could clear the way for the company to revive its initial public offering (IPO), t...
- Wall Street ends August with a whimper on Fed worryThe three main indexes suffered their biggest monthly percentage declines in August since 2015. After hitting a four-month high in mid-Augu...
- Nasdaq ends lower as tech slides; inflation concerns weighTechnology shares led losses on the S&P 500 and Nasdaq. Apple Inc, PayPal Holdings Inc and Nvidia Corp weighed most on both indexes. The S&...
- Wall Street rallies on vaccine bets, Goldman results"The Moderna news woke everybody up again that this is not going to last forever, and there is light at the end of the tunnel. That is why ...
- Nasdaq confirms bear market; economic worries sink Wall StreetThe mid-cap S&P 400 also confirmed it is in a bear market.
- Wall Street lower as UK vote, Comey testimony in focusInvestors will also watch out for the European Central Bank's meet, where policymakers are expected to take a more benign view of the econo...
- iGate CEO Ashok Vemuri resigns months after merger with CapgeminiVemuri, whose exit was widely speculated around the time Capgemini bought iGate, may walk away with a multi-million dollar exit package.
- For every H-1B visa, US technology companies hire 5 workers: NASDAQThe NASDAQ CEO argued there was a case to enact a more flexible and stable regime for legal immigration.
- Intel earnings slide 35% to $1.3 bnIntel, the world’s largest computer-chip maker, said third-quarter profit fell 35% amid price cuts and market share losses.
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