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Apple’s iPhone sales in China plunge 24% as Huawei’s popularity surges

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

China to step up quantum computing, AI in tech self-sufficiency drive

BEIJING (Reuters) - China will formulate plans to develop emerging industries including quantum computing and continue striving to achieve self-sufficiency in technology, a government work report said

Stablecoin Tether exceeds $100 billion tokens in circulation

By Elizabeth Howcroft and Juby Babu LONDON (Reuters) -The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, as the price of bitcoin surged on Tuesday towards a record high

Google rolls out changes for users, apps developers as EU tech rules loom

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app

ADNOC says AI added $500 million of extra value in 2023

By Yousef Saba DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday. "The value was

Apple’s China iPhone sales plunge 24% in first six weeks of 2024, report says

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

Foxconn’s February revenue down 12.33% y/y, sees Q1 fall

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted

Apple China iPhone sales plunge 24% as Huawei’s popularity surges

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

Cryptoverse: Asian traders give bitcoin blast-off

By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) - Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for

China to step up quantum computing, AI efforts as it aims for tech self-sufficiency

BEIJING (Reuters) - China will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology, according to

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.