Robinhood (HOOD) on Wednesday reported a 98% year-over-year jump in second-quarter crypto trading revenue, while easily beating Wall Street's earnings estimates as the company’s crypto ambitions and international expansion began to take shape. The popular trading platform posted net revenue of $160 million for crypto, up from $81 million in the same period last year. … Read more
The Bar Association of New York City has noticed that certain policy reforms are required to maintain the city’s position as a lucrative hub for crypto and Web3 activities. At present, even though the US has not deployed concrete rules to govern crypto, several major companies are experimenting with digital asset spaces in order to … Read more
Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion (roughly Rs. 1,23,000 crore), the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. The tech titan has found itself under pressure due to a general slowdown in … Read more
Apple’s AI-enhanced iPhone made a strong start, pushing quarterly sales ahead of Wall Street expectations, but a modest revenue forecast raised questions about whether that momentum will hold over the holiday sales season. A decline in China sales during the fourth quarter also concerned some analysts and investors, helping send shares down 1.4% in after-hours … Read more
Microsoft Surface Pro 10 and Surface Laptop 6 are expected to launch with Arm chips in May, as the company continues its push to add new AI features to its operating system for desktop computers and laptops. The firm is said to be confident that its upcoming Surface laptops for consumers — expected to be … Read more
Microsoft Surface Pro 10 and Surface Laptop 6 are expected to launch with Arm chips in May, as the company continues its push to add new AI features to its operating system for desktop computers and laptops. The firm is said to be confident that its upcoming Surface laptops for consumers — expected to be … Read more
Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump’s tariffs, sources told Reuters. The details of the push provide an insight into the US smartphone company’s … Read more
Apple CEO Tim Cook has reportedly made the development of true augmented reality (AR) glasses a “top priority” for the company, Bloomberg journalist Mark Gurman writes in his weekly Power On newsletter. The company has yet to officially confirm plans to work on a pair of AR glasses, while rivals like Google, Meta, and Snapchat … Read more
A study commissioned by Qualcomm found that its modem chips worked better than a rival component developed by Apple, especially for cellular customers in dense urban areas. The iPhone 16e, the first smartphone to use Apple’s in-house C1 modem, was slower to download and upload information on T-Mobile’s 5G network in New York City than … Read more