Author: GT

SAN FRANCISCO (AP) — Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during its springtime quarter, but the trendsetting tech company still faces a bumpy road ahead that could lead to higher iPhone prices.The April-June results released Thursday came against a backdrop of adversity that has been raising worries about the trajectory of a longtime tech kingpin that expects to absorb a setback of nearly $2 billion from the tariffs that President Donald Trump has already imposed and others in the pipeline. Despite the doubts, Apple remains a moneymaking…

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024.Timothy A. Clary | AFP | Getty ImagesReddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance.Here’s how the company did compared with LSEG estimates:Earnings per share: 45 cents vs. 19 cents expectedRevenue: $500 million vs. $426 million expectedReddit’s sales grew 78% year-over-year in the second quarter and was 17% above consensus estimates, representing the biggest beat in its short history as a public company. Net income came in at $89…

Quora’s AI platform Poe announced on Thursday that it’s releasing an API that allows developers to easily access different models or bots for their own applications. The API doesn’t require a separate fee. Instead, usage is tracked via Poe’s existing point-based subscription plans, where each model call costs a set number of points. For instance, low-quality image generation through GPT-4o in a 1:1 aspect ratio and 1024 x 1024 size would cost 328 points. Today, Poe’s plans include the $4.99 per month plan (10,000 points per day), the $19.99/mo plan (1 million points per month), the $49.99/mo plan (2.5 million…

At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown to include too many apps to keep up with and not enough time…

MOKOPANE, South Africa. (AP) — A South African university launched an anti-poaching campaign Thursday to inject the horns of rhinos with radioactive isotopes that it says are harmless for the animals but which can be detected by customs agents. Under the collaborative project among University of the Witwatersrand, nuclear energy officials and conservationists, five rhinos were injected Thursday in what the university hopes will be the mass injection of the declining rhino population.Last year, about 20 rhinos at a sanctuary were injected with isotopes as part of initial trials that paved the way for Thursday’s launch. The radioactive isotopes even…

The logo of semiconductor design firm Arm on a chip.Jakub Porzycki | Nurphoto | Getty ImagesShares of Arm Holdings plunged more than 13% on Thursday after the chip designer offered muted guidance for earnings.Second-quarter adjusted earnings will be between 29 cents and 37 cents per share, Arm said late Wednesday. Wall Street had projected 35 cents per share.The company forecast second-quarter revenue of $1.01 billion to $1.11 billion, which was in line with consensus estimates of $1.05 billion.The concerning outlook was amplified by commentary from Arm CEO Rene Haas, who indicated the company is considering designing its own processors. Arm…

It’s no longer taboo to meet your partner on the internet. The evidence is everywhere: It’s on your refrigerator door, where you’ve hung up the wedding invitations of friends who met on Tinder. It’s on your Instagram feed, where a friend shares a sappy post about her one-year anniversary with a woman she met on Hinge. But when Zeke Rothfels tells people that she met her husband online, she’s not talking about swiping left until she finally found the right guy. She’s talking about cultivating a relationship across the U.S.-Canada border with a man she met in a Facebook meme…

Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 9, 2025.Kevin Dietsch | Getty ImagesAmazon will report second-quarter results after the market close Thursday.Here’s what analysts surveyed by LSEG are expecting:Earnings per share: $1.33Revenue: $162.1 billionWall Street is also looking at other key revenue metrics:Amazon Web Services: $30.8 billion, according to StreetAccountAdvertising: $14.99 billion, according to StreetAccountThe company spooked investors in May when it warned in its earnings report that “tariff and trade policies,” as well as “recessionary fears,” could weigh on second-quarter results.Amazon CEO Andy Jassy said at the time…

WASHINGTON (AP) — China’s cyberspace regulators on Thursday summoned Nvidia over security concerns that its H20 chips can be tracked and turned off remotely, the Cyberspace Administration of China said on its website.In the meeting, Chinese regulators demanded that the U.S. chip company provide explanations on “backdoor safety risks” of its H20 chips to be sold in China and submit relevant materials, the office said.“Cybersecurity is critically important to us. NVIDIA does not have ‘backdoors’ in our chips that would give anyone a remote way to access or control them,” an Nvidia spokesperson said in a statement to AP.It came…

Meta CEO Mark Zuckerberg has laid out his blueprint for the future of AI, and it’s about giving you “personal superintelligence”.In a letter, the Meta chief painted a picture of what’s coming next, and he believes it’s closer than we think. He says his teams are already seeing early signs of progress.“Over the last few months we have begun to see glimpses of our AI systems improving themselves,” Zuckerberg wrote. “The improvement is slow for now, but undeniable. Developing superintelligence is now in sight.”So, what does he want to do with it? Forget AI that just automates boring office work,…