Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.Global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung, at 20.8% market share, clinching the top phone-maker spot from Apple.The iPhone-maker’s steep sales decline comes after its strong performance in the December quarter when it overtook Samsung as the wo ...

Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector.A deal could be announced soon, said the source, who requested anonymity as the discussions are confidential.The price being discussed is below Informatica’s current share price of $38.48, according to the Wall Street Journal, which first reported the talks between Salesforce and Informatica.Sa ...

The driver of an electric Ford SUV involved in a fatal crash earlier this year was using the automaker’s self-driving technology at the time of the reck, federal investigators concluded on Thursday.The National Transportation Safety Board said in a preliminary report that the Ford Mustang Mach-E involved in the deadly accident on on Interstate Highway 10 in San Antonio, Texas, on Feb. 24 had “Blue Cruise” in use. Based on data from the vehicle, the Ford driver had been operating in Blue Cruise — which Ford ...

JPMorgan Chase continued to warn investors Friday that it expects an “uncertain” year for markets and the global economy, citing stubbornly high inflation and ongoing geopolitical tensions.The remarks came as JPMorgan — as well as its major competitors Citigroup and Wells Fargo — reported their first quarter results. JPMorgan had a modest 6% rise in the first quarter while Wells Fargo reported a decline in profit versus a year ago, although the result beat Wall Street’s expectations. Citigroup’s earnings al ...

Core Viewpoint - Morgan Stanley's wealth management division is under investigation by multiple regulators regarding its client identity verification and monitoring practices [1][1][1] Regulatory Involvement - The investigation involves the Securities and Exchange Commission, the Office of the Comptroller of the Currency, and other offices within the Treasury Department [1][1][1] Key Issues Under Investigation - The main focus is on whether Morgan Stanley has adequately investigated the identities of prospective clients and the sources of their wealth [1][1][1] - Additional scrutiny is directed towards the bank's monitoring of financial activities, particularly concerning international clients [1][1][1] Market Reaction - Following the news, Morgan Stanley's shares experienced a decline of 4.5% on Thursday [1][1][1]

Former Clinton adviser Declan Kelly has been quietly helping troubled manufacturer Boeing as the company faces a slew of safety concerns, The Post has learned.Kelly — who resigned from his consulting firm Teneo in 2021, after accusations of inappropriately touching six employees at a charity event — had been advising Boeing former CEO Dave Calhoun on his communications strategy for the last two years, sources told The Post. Now, Kelly is working with the Boeing board of directors to find Calhoun’s replacem ...

Former Clinton adviser Declan Kelly has been quietly helping troubled manufacturer Boeing as the company faces a slew of safety concerns, The Post has learned.Kelly — who resigned from his consulting firm Teneo in 2021, after accusations of inappropriately touching six employees at a charity event — had been advising Boeing former CEO Dave Calhoun on his communications strategy for the last two years, sources told The Post. Now, Kelly is working with the Boeing board of directors to find Calhoun’s replacem ...

Apple Vision Pro users are reporting that their high-priced goggles are giving them black eyes, headaches and neck pain.Emily Olman, head of marketing at the California-based real estate photography firm Hopscotch International, told MarketWatch that she suffered two “superdark black eyes” after wearing the Vision Pro for the first time.“I wasn’t able to use it very much the first few weeks because the fit was just off,” she said. 3 Apple Vision Pro users are complaining about headaches, black eyes and ne ...

Costco has struck gold by selling its one-ounce bullion bars — so much so that the big-box retailer is reportedly raking in as much as $200 million a month as the price of the precious metal skyrockets.Revenue “may now be running” at $100 million to $200 million monthly, Wells Fargo said, according to CNBC — a rapid acceleration from the $100 million sold in one-ounce gold bars in its fiscal first quarter that ended in late 2023.“Our work suggests there has been significant interest given COST’s aggressive ...

A viral social media video about a $25 McDonald’s “deal” recently sparked an online debate about California’s minimum wage increase.A TikTok user who posts videos under the username @shannon_montipaya shared the video on Mar. 27. She was in the drive-thru of a Southern California McDonald’s location when she saw a sign for a 40-piece Chicken McNugget meal deal, which also included two large fries.The price of the meal bundle was $25.39 – including sales tax, it would come to roughly $27. In the video, the s ...