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Tesla is so desperate for sales it's started advertising, something Elon Musk famously said he 'hates'
Business Insider· 2024-03-30 17:06
Tesla is finally resorting to ads — something Elon Musk has avoided for years.The company upped its ad spending to $6.4 million in 2023, The Wall Street Journal reported.Investors are losing patience with Tesla amid stiff EV competition and managerial chaos. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email addr ...
Microsoft and OpenAI plan to build a $100 billion supercomputer to power artificial intelligence: report
Business Insider· 2024-03-30 00:11
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMicrosoft and OpenAI are planning an unprecedented supercomputer that uses millions of specialized server chips and could cost up to $100 billion, The Information reported this week.The US-based s ...
Consulting firms are cutting projections and tightening their belts as demand for their work slows
Business Insider· 2024-03-23 19:09
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Times are tough for the consulting business.Professional services firm Accenture has cut its revenue forecast for 2024, according to its quarterly report. The firm previously said it was expecting revenues to grow between 2% to 5% this year but is now expecting a growth rate more like 1% to 3%.Accenture's chief executive Julie Sweet told analysts in a call that clients continue to cut back. Related storie ...
All the ways Apple is a monopoly, according to its critics
Business Insider· 2024-03-23 17:54
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Justice Department hit Apple with a sweeping lawsuit on Thursday, accusing it of "delaying, degrading, or outright blocking" competitors in the smartphone market.It's the latest punch the DOJ ...
Here's how long the Apple vs. DOJ battle could last
Business Insider· 2024-03-22 18:05
The DOJ's antitrust lawsuit against Apple could take years to reach a conclusion.But a settlement "in some form" is likely to be reached sooner, Wedbush analysts predict.The impact of a settlement on Apple's business would vary depending on the level of any concessions. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...
Apple warns of a 'dangerous precedent' if the DOJ wins its lawsuit
Business Insider· 2024-03-22 18:03
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple is facing a potentially existential legal challenge.A lawsuit filed Thursday by the US Department of Justice, along with 16 attorneys general, accuses the company of a raft of anti-competiti ...
Apple's nightmarish year keeps getting worse
Business Insider· 2024-03-22 17:56
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple is having an epically bad year, and it's only March.On Thursday, the US Department of Justice sued Apple, accusing the iPhone maker of using anti-competitive practices to dominate the smartp ...
Apple is gearing up for battle as it fights fires on 3 fronts
Business Insider· 2024-03-22 13:08
Apple is gearing up for the battle of a lifetime. The iPhone maker was hit with a landmark antitrust lawsuit by the Department of Justice on Thursday.It comes as Apple also grapples with issues in two of its other biggest markets: China and Europe. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address B ...
Google must be thrilled that the DOJ zeroed in on Apple's janky green messages
Business Insider· 2024-03-21 16:21
The DOJ is suing Apple, accusing the tech giant of anti-competitive and monopolistic practices.The suit accuses Apple of making iPhone users' texting experience with Android users worse.Google has railed against the green message bubbles for years. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address B ...
Apple hit with antitrust lawsuit from DOJ
Business Insider· 2024-03-21 14:50
The US Department of Justice filed an antitrust lawsuit against Apple on Thursday.The suit accused Apple of barring rivals from being able to offer competing products on iPhones.It's the latest move by US and EU regulators to stop what they deem anti-competitive tactics. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...