Business

SAN FRANCISCO — Apple on Wednesday introduced a new iPhone 16e model with a lower price tag as the company seeks to revive sales of its iconic device. Apple touted the iPhone 16e as having many features found in more expensive models, including Apple-tailored artificial intelligence features and integration with …

About half the middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley’s latest attempt to cut the automaker’s bloated costs, according to six people familiar with the matter.  About half the automaker’s middle managers won’t get stock bonuses …

Workers install the 2Africa undersea cable on the beach in Amanzimtoti, South Africa, February 7, 2023. — Reuters PARIS, France — Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence. The cable will …

Photo Credit: techstory.in HONDA Motor will resume talks with Nissan Motor to form the world’s fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down, the Financial Times (FT) reported on Tuesday citing a person familiar with discussions. Japan’s second- and third-largest automakers by sales after Toyota Motor had been in …

DeepSeek, a Chinese artificial intelligence startup, has temporarily paused downloads of its chatbot apps in South Korea while it works with local authorities to address privacy concerns, South Korean officials said Monday.  Company has agreed to work with privacy commissioner to strengthen protections. DeepSeek, a Chinese artificial intelligence startup, has …

Photo Credit: bilyonaryo.com BANGKOK — Thailand’s economy grew less than expected last year, official data showed Monday, while the outlook for 2025 is beset by fears about US President Donald Trump’s tough trade policy. Gross domestic product (GDP) expanded 2.5 percent, the Office of the National Economic and Social Development …

China’s Tencent says trialling own AI reasoning model alongside DeepSeek/MSN BEIJING — Chinese technology giant Tencent on Monday said it had started trialing its own artificial intelligence reasoning model after integrating DeepSeek into some of its products, saying the move would make responses “more ‘human’.” Insurgent Chinese AI startup DeepSeek …

For three weeks in November and December 2021, iconic Canadian clothing chains Bootlegger, Cleo and Ricki’s found themselves paralyzed —staring down the barrel of the “critical holiday season” but prevented by ransomware from moving inventory. The cyber-attack was just one of a host of problems that pushed their owners into …

POHANG, South Korea — Smoke billows from chimneys as factories churn in South Korea’s steelmaking heartland, now under threat from Washington’s swinging new tariffs on the port city’s largest export. The city of Pohang on South Korea’s east coast for decades pumped out the steel that fueled the country’s breakneck …

Photo Credit: cio.economictimes APPLE is planning to add Apple Intelligence to its Vision Pro headset, along with an updated mode for guest users and a spatial content app, as early as April, Bloomberg News reported on Saturday. The company plans to roll out the features as part of a software …