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...However, its latest virtual reality goggles, PlayStation VR2, have been a slower burn. “It’s a bit of a challenging category right now,” Lempel said, although its own sales were “going well”....
...Analysts at Citi said in a note to clients on Monday that the three-way split was “a more extreme step than we had anticipated”....
...Seeking views from rivals is a necessary precursor to a formal investigation....
...Net income in the quarter fell 37 per cent from the same period a year earlier to €1.2bn....
...is a bit higher than our available capacity”....
...Embracer has lined up a new €900mn financing agreement through Asmodee, it said....
...“I’ve been in the industry for a long time and this is the fastest, most significant growth I’ve ever seen.”...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...ASML, the chip manufacturing equipment supplier, said the semiconductor industry was on track to recover in the second half of the year, even as it reported a 21 per cent drop in sales and lower-than-expected...
...hit a ceiling on its own platforms....
...From its Russian roots, LockBit has collaborated with an international criminal syndicate through a “ransomware as a service” model....
...“Consoles have proven that they are not a growth model for gaming — they top out at a very clear number.”...
...core component of Apple’s $85bn-a-year global services business....
...“From a nuts and bolts level, AI is just a transition from Intel being the king of the data centre to Nvidia being king of the data centre,” said Jonathan Goldberg of D2D Advisory, a tech consultancy....
...The news sent Uber’s shares up 14.4 per cent in New York on Wednesday to a new high of $79.15....
...However, Apple’s shares fell 0.5 per cent as its latest results confirmed investors’ fears about a slowdown in China, despite a promise from chief executive Tim Cook that it would launch new AI features...
...in a recent note to clients....
...Chip design toolmaker Synopsys has agreed to buy engineering software maker Ansys in a $35bn cash-and-stock deal, the latest sign of an upturn in tech dealmaking activity after a protracted lull....
...That uplift from Apple came in a year that was the worst in a decade for the smartphone market, with device shipments falling 3.2 per cent to 1.17bn units, IDC said....
...Chip design software company Synopsys has agreed to buy Ansys in a $35bn cash-and-stock deal in the latest sign of an upturn in tech dealmaking activity after a protracted lull....
...Plural, a tech investment firm led by some of Europe’s best known start-up founders, has raised €400mn to back the next generation of the region’s entrepreneurs at a time when funding is facing a downturn...
...Microsoft briefly usurped Apple to become the world’s most valuable public company on Thursday, as the boom in artificial intelligence brings a new twist to the decades-long rivalry between the two Big Tech...
...The move by the San Francisco-based group came after Facebook parent Meta announced its debut dividend this month, triggering a record leap in its stock price, while home rental site Airbnb expanded its...
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