Financial
Apple earned over US$10 billion from U.S. App Store commissions in 2024
Apple made over US$10B in 2024 from U.S. App Store commissions, as a court...
Financial sector outages cost US$2.2 million per hour, says New Relic report
Financial firms face US$2.2M/hour in outage costs; New Relic report shows...
Spotify sees record operating income and adds 5 million new premium users
Spotify adds 5M new premium users and hits record income as AI playlists...
Tesla profits drop sharply as sales weaken and Musk backlash grows
Tesla’s profits fall 71% as sales dip, political backlash grows, and hopes...
Intel prepares for major layoffs ahead of Q1 earnings
Intel plans to cut over 21,000 jobs this week, aiming to rebuild its focus...
GenAI investment could unlock ‘co-working’ future in financial services, says Moody’s
Moody’s sees GenAI transforming finance with AI co-workers, helping firms...
Shoppers rush to Apple Stores as price fears grow
US iPhone buyers rush to stores as tariffs rise; Apple flies in stock to...
Airwallex reports strong revenue growth in Singapore and reveals SME trends for 2025
Airwallex reports 153% revenue growth in Singapore for 2024 and unveils...
Qualcomm expands AI research with MovianAI acquisition
Qualcomm has acquired Vietnamese AI research firm MovianAI to boost its AI...
Huawei reports 38% revenue surge as smartphone sales soar
Despite US sanctions, Huawei’s consumer business revenue surged 38% in...