Business

Xbox is now £100 more expensive ... Xbox is now £100 more expensive than PS5 after Microsoft's August price hike Microsoft raised Xbox Series S and Series X prices across Europe and the UK on August 1 — and the increases are hard to swallow. today
Apple Posts Record $109.4B Quarter — ... Apple Posts Record $109.4B Quarter — Then Stock Drops 6% iPhone and Mac sales surged, but a services miss and weak forward guidance rattled investors despite Apple's best-ever June quarter. July 31, 2026, 1:02 p.m.
Samsung's phone unit posted its first-ever ... Samsung's phone unit posted its first-ever loss — and its own chip division is partly to blame Strong Galaxy S26 sales weren't enough to offset soaring memory chip costs, while Samsung's semiconductor arm broke records in the same quarter. July 30, 2026, 1:01 p.m.
EA's CEO got a $38.6M pay ... EA's CEO got a $38.6M pay package the same year he laid off Battlefield studio workers Andrew Wilson's compensation rose $8 million year-over-year while DICE, Criterion, Ripple Effect, and Motive all saw cuts after Battlefield 6's record launch. July 29, 2026, 6:55 p.m.
CATL made $10.4bn in profit last ... CATL made $10.4bn in profit last year — more than four major automakers combined The Chinese battery giant earns a 17% net margin while the car brands it supplies scrape by at 2–4%. That gap tells you everything about who's winning the EV transition. July 29, 2026, 12:41 p.m.
Apple reclaims world's most valuable company ... Apple reclaims world's most valuable company title from Nvidia Apple's market cap hit $4.94 trillion on July 27, nudging past Nvidia's $4.83 trillion as investors grow skeptical of big AI spending bets. July 28, 2026, 1:43 p.m.
Paramount-Warner Merger Frozen Until 2027 as ... Paramount-Warner Merger Frozen Until 2027 as States Win Court Battle A coalition of 12 US states blocked Hollywood's biggest-ever deal, forcing Paramount into a $7M-per-day penalty race while the companies wait out a federal trial. July 26, 2026, 1:44 p.m.
Honor rebrands with 'Dare to be' ... Honor rebrands with 'Dare to be' slogan and AI ambitions to rival Samsung and Apple The Chinese phone maker drops 'Go beyond,' adopts a new color, and sets its sights on becoming an AI ecosystem player in Europe. July 23, 2026, 7:33 p.m.
Samsung Galaxy Card Is Here: 5% ... Samsung Galaxy Card Is Here: 5% Back on Samsung Gear, Issued by Barclays Samsung's first credit card runs on Visa, integrates with Samsung Wallet, and beats Apple Card's rewards on hardware purchases — but only in the US for now. July 21, 2026, 3:12 p.m.
LG is closing its oldest China ... LG is closing its oldest China factory and walking away from budget audio The Huizhou plant, open since 1993, will stop production by October 2026 — LG is outsourcing cheap speakers to Chinese rivals and betting on premium audio instead. July 21, 2026, 2:32 p.m.
$111 Billion Paramount–Warner Merger Blocked by ... $111 Billion Paramount–Warner Merger Blocked by US States A California judge issued a temporary restraining order July 20, pausing the deal until at least August 3 after 12 states sued over monopoly concerns. July 21, 2026, 1:02 p.m.
TSMC Posts Record Profits — Then ... TSMC Posts Record Profits — Then Its Stock Fell Anyway A $40 billion quarter and 77% profit growth weren't enough to impress investors spooked by a massive capex hike and shrinking margin forecasts. July 19, 2026, 4:16 p.m.
Jensen Huang's leather jacket sells for ... Jensen Huang's leather jacket sells for $960,000 at Sotheby's The NVIDIA CEO's signed Tom Ford jacket fetched 16 times its pre-auction estimate, with all proceeds going to a nonprofit funding tech fellowships and residencies. July 19, 2026, 12:30 p.m.
Apple is hunting AI chip startups ... Apple is hunting AI chip startups as its in-house silicon falls short For the first time in decades, Apple is talking to chip startups and financial bankers about acquisitions — a sign its own server silicon can't keep up with AI demand. July 16, 2026, 3:15 a.m.
Third-party app stores are coming to ... Third-party app stores are coming to Google Play on July 22 A US court injunction — not a regulatory deal — forces Google to open its Play Store catalog to competing app stores for the first time. July 15, 2026, 8:28 p.m.
AI Premium: stock markets are pricing ... AI Premium: stock markets are pricing in AI gains before companies earn them A Yale-led study of 380 trillion AI tokens finds companies with high AI exposure earn 0.64% more per week — driven entirely by investor expectations, not actual profits. July 14, 2026, 4:10 p.m.
TSMC's June revenue jumped 68% — ... TSMC's June revenue jumped 68% — and the AI chip bottleneck just moved The world's dominant chipmaker posted $13.8B in a single month. Now the constraint isn't making chips — it's packaging them. July 14, 2026, 1:19 p.m.
Apple sues OpenAI for trade secret ... Apple sues OpenAI for trade secret theft, names 400+ poached engineers A federal lawsuit filed in Northern California accuses OpenAI of running a coordinated scheme to steal hardware secrets — and the company's IPO ambitions now hang in the balance. July 11, 2026, 3:49 a.m.
Apple locks in $30B Broadcom deal ... Apple locks in $30B Broadcom deal for 15 billion US-made chips through 2031 The agreement is the largest single commitment under Apple's American Manufacturing Program and covers the RF and wireless components that keep iPhones connected. July 10, 2026, 2:28 p.m.
Redmi sells 5.5 million phones in ... Redmi sells 5.5 million phones in six months — and the cheap model is doing all the heavy lifting The Redmi K90 and Turbo 5 lines have shifted 5.5 million units since launch, with the base K90 outselling its premium siblings six to one. July 7, 2026, 3:56 p.m.
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