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Apple Goes on the Offensive as iPhone Sales Slip in Its Biggest Overseas Market

Updated Jan. 16, 2024 4:48 am ETApple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market from rivals.The tech giant is running a promotion from Thursday through Sunday in China in which it is cutting the price of iPhones by the equivalent of up to $70. Other products will be discounted by up to $110. The promotion comes ahead of the weeklong Lunar New Year holiday beginning Feb. 10, a customary gift-giving season in China.Copyright ©2024

Apple to Remove Blood Oxygen Sensor From Watch to Avoid U.S. Ban, Rival Says

Updated Jan. 15, 2024 2:27 pm ETAppleis removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health.The company halted sales of some watch models briefly last month after a U.S. import ban went into effect stemming from an October ruling by the U.S. International Trade Commission. The trade agency found Apple had violated the patents of

Thomson Reuters Buys Majority Stake in Pagero

Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it closer toward full control of the latter.Apart from the key shareholders, including Summa Equity, Pagero’s chief executive Bengt Nilsson, several members of the management team and employees, have sold their stock to the company, Thomson Reuters said Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it

Chevy Blazer Troubles Add to GM’s EV Growing Pains

As one of the nation’s first owners of General Motors new electric Chevrolet Blazer, James Hattin was loving the SUV—before the problems began.On a trip from the mountains back to his home in Burbank, Calif., he and his wife heard weird clicking noises coming from the dashboard. A short time later, the cruise control went out. A few days after that, in his driveway, the car’s screens went blank and the car wouldn’t start.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

I Bought the World’s Hottest High-Tech E-Bike. Then Its Maker Went Bankrupt.

The VanMoof X3 was the perfect fit. Both my 6-foot-1 husband and my 5-foot-2 self could ride the e-bike comfortably. We live in Paris, and the X3 had many features to ward off thieves, including an integrated wheel lock, a motion-based alarm and location tracking via Apple’s Find My network.I’ve reviewed a number of e-bikes and ultimately chose VanMoof’s $2,300 X3 because it looked cool and ticked so many boxes. Then, last July, the Dutch e-bike maker declared bankruptcy.Copyright ©2024Dow Jones & Company, Inc. All

What if You Never Had to Charge Your Gadgets Again?

After decades of trying, consumer electronics companies are rolling out a solar technology that mimics photosynthesis in plants. It lets devices charge indoors and, in some cases, can eliminate batteries entirely.This new light-harvesting tech is fundamentally different from the crystalline silicon-based panels on rooftops and in solar farms, and also from the amorphous silicon cells on the kind of solar-powered calculators that were once ubiquitous. This new tech is based on principles first explored by chemists in the…

Why Big Tech Is Still Minding Its Bills

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence. Amazon and Alphabet are also currently generating just under $95 billion combined in annual free cash flow. Copyright ©2024Dow Jones & Company, Inc.

Apple Directors Al Gore, James Bell to Retire

Apple’s board of directors is getting a shake up.Longtime Apple board member Al Gore is retiring from the board, the company announced Thursday. The former U.S. vice president had been a board member since 2003, a witness of the company’s rise and transformation a few years after the return of co-founder Steve Jobs as chief executive.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Apple’s board of directors is getting a shake up.Longtime Apple board member Al Goreis

The Companies Cutting Jobs in 2024: Here’s the List

Listen to article(1 minute)Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared with the beginning of the year, while employees are quitting at a lower rate than before the pandemic began. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to

Intel to Buy Silicon Mobility SAS

Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric vehicle energy management.The purchase is one of the plans Intel announced at CES to bring its “AI everywhere strategy into the automotive market.”Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric