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Apps

Report: Premium phone sales grew 6% in 2023 as Apple’s market share declined

By Maria Deutscher Jan 2, 2024

Consumers bought 6% more premium smartphones in 2023 than a year earlier, according to a new report published today by Counterpoint Research. The premium smartphone category encompasses devices with a wholesale price of $600…

Blockchain

Bitcoin exceeds $45,000 as rally anticipates ETF approvals

By Kyt Dotson Jan 2, 2024

The price of bitcoin exceeded $45,000 this morning for the first time since April 2022 as the world’s largest cryptocurrency by market capitalization started the new year with a strong start. The rally is…

Infra

Looking ahead to Cisco Systems’ prospects in 2024

By Zeus Kerravala Jan 1, 2024

It was an interesting year for the world’s largest networking vendor. Cisco Systems Inc. put up record revenue and earnings despite a highly volatile macro environment affected by wars, social issues, inflation, rising interest…

Policy

US officials pressured ASML to cancel shipments of high-end chipmaking gear to China

By Mike Wheatley Jan 1, 2024

Dutch chipmaking machinery supplier ASML Holding NV gave in to a request by U.S. President Joe Biden to cancel some shipments of equipment to customers in China, weeks before a new export ban goes…

Security

Ransomware attack targets court services in Victoria, Australia

By Duncan Riley Jan 1, 2024

Court Services Victoria, an independent body that runs court services in Victoria, Australia, has been struck by a ransomware attack, with court recordings allegedly stolen. Officially described as a “cyber security incident” by CSV,…

Apps

China’s Baidu backs out of $3.6B acquisition of livestreaming platform provider Joyy

By Mike Wheatley Jan 1, 2024

Chinese internet giant Baidu Inc. has called off a proposed $3.6 billion acquisition of the livestreaming platform provider Joyy Inc. One of Baidu’s affiliate companies had agreed back in 2020 to acquire the Nasdaq-listed…

AI

US Supreme Court chief justice warns against risks of AI adoption in legal circles

By Mike Wheatley Jan 1, 2024

U.S. Supreme Court Chief Justice John Roberts urged “caution and humility” regarding the use of artificial intelligence in the legal field, in a report published Sunday, saying the technology is a “mixed blessing.” In…

AI

OpenAI’s annualized revenue reportedly tops $1.6B

By Maria Deutscher Jan 1, 2024

OpenAI’s annualized revenue has reportedly topped $1.6 billion a mere two months after reaching the $1.3 billion mark. The Information reported the milestone on Saturday, citing two people familiar with the matter. OpenAI’s sales…

Security

Chinese authorities arrest four in ransomware case involving ChatGPT

By Duncan Riley Dec 31, 2023

Four alleged cyberattackers have been arrested in mainland China for developing ransomware with the help of ChatGPT, the first case of its sort in the country. The South China Morning Post reported Friday that the…

Apps

The changing economics of open-source software

By David Strom Dec 31, 2023

The world of open-source software is about to go through another tectonic change. But unlike earlier changes brought about by corporate acquisitions, this time it’s thanks to the growing series of tech layoffs. These…

all stories

Report: Premium phone sales grew 6% in 2023 as Apple’s market share declined

Bitcoin exceeds $45,000 as rally anticipates ETF approvals

Looking ahead to Cisco Systems’ prospects in 2024

US officials pressured ASML to cancel shipments of high-end chipmaking gear to China

Ransomware attack targets court services in Victoria, Australia

China’s Baidu backs out of $3.6B acquisition of livestreaming platform provider Joyy

US Supreme Court chief justice warns against risks of AI adoption in legal circles

OpenAI’s annualized revenue reportedly tops $1.6B

Chinese authorities arrest four in ransomware case involving ChatGPT

The changing economics of open-source software

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