
IBM Beats Q3 Estimates but Shares Drop on Cautious Revenue Outlook
Oct 23, 2025 02:06 am UTC| Technology Business
International Business Machines (NYSE: IBM) reported stronger-than-expected third-quarter earnings, but its stock fell 4% in after-hours trading as investors reacted to a softer full-year revenue growth forecast. The tech...

Apple Cuts iPhone Air Production Amid Weak Demand, Shifts Focus to iPhone 17 Pro Models
Oct 22, 2025 10:22 am UTC| Business Technology
Apple is reportedly reducing production orders for its new iPhone Air and redirecting resources toward other iPhone 17 variants, according to Nikkei. The move follows weaker-than-expected consumer interest in the lighter,...

SoftBank Seeks Billions in Overseas Bonds to Accelerate AI Expansion
Oct 22, 2025 04:01 am UTC| Business Technology
SoftBank Group Corp. (TYO:9984) is once again tapping global debt markets as it ramps up investments in artificial intelligence. According to Bloomberg, the Japanese tech conglomerate plans to raise between $1.5 billion...

Samsung Launches Galaxy XR Headset with Google AI to Challenge Meta and Apple
Oct 22, 2025 03:50 am UTC| Business Technology
Samsung Electronics has officially entered the extended reality (XR) market with its new Galaxy XR headset, unveiled on Tuesday. Priced at $1,799, the device costs nearly half of Apples Vision Pro and is powered by Googles...

Alphabet Shares Fall as OpenAI Launches ChatGPT Atlas Browser to Challenge Chrome
Oct 22, 2025 01:43 am UTC| Business Technology
Alphabet Inc. (NASDAQ: GOOGL) shares fell 2.4% on Tuesday following OpenAIs surprise announcement of ChatGPT Atlas, a new AI-powered web browser designed to directly compete with Google Chrome. The launch, unveiled by...

Elon Musk and Acting NASA Chief Sean Duffy Clash Over Space Leadership and Moon Mission Plans
Oct 22, 2025 01:39 am UTC| Business Technology
Acting NASA Administrator and U.S. Transportation Secretary Sean Duffy engaged in a heated online exchange with SpaceX founder Elon Musk on Tuesday, sparking public attention over the future leadership of Americas space...

Amazon AWS Outage Disrupts Global Services, Now Restored After Major Internet Meltdown
Oct 21, 2025 04:09 am UTC| Business Technology
Amazon Web Services (AWS) has fully restored operations after a widespread outage on Monday that disrupted thousands of websites and apps worldwide, including Snapchat, Reddit, Venmo, and Zoom. The outage, originating from...