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iPhone shipments crashed nearly 20% in China because Apple charges too much: IDC

iPhone shipments crashed nearly 20% in China because Apple charges too much: IDC

‘s iPhone shipments fell 19.9 percent during the fourth quarter in China, according to the latest figures from research firm IDC . This was reflected in Apple‘s earnings release last month, when it said it booked during the quarter, down 27 percent from the year-ago quarter. Overall, Apple said iPhone […]

Samsung teases the first foldable smartphone expected to go on sale this year

Samsung teases the first foldable smartphone expected to go on sale this year

Samsung is holding an event on Feb. 20 where it‘s expected to unveil its latest family of Galaxy S10 phones. It will also at least tease a foldable phone, according to a video the company posted to YouTube on Monday. Samsung‘s video is titled “The Future Unfolds,” suggesting that it […]

FDA sends warning letter to 17 companies for ‘illegally selling‘ Alzheimer‘s treatments

FDA sends warning letter to 17 companies for ‘illegally selling‘ Alzheimer‘s treatments

The said Monday it sent warning letters to more than a dozen companies the agency said are “illegally selling” products that claim to prevent or cure Alzheimer‘s disease. Many of these products, which are often sold on websites and social media platforms, “have not been reviewed by the FDA and […]

‘Free-rider problem‘—Facebook co-founder Chris Hughes says he and other 0.1%-ers need to pay up

‘Free-rider problem‘—Facebook co-founder Chris Hughes says he and other 0.1%-ers need to pay up

Chris Hughes, co-founder of and an advocate for wealth equality, told CNBC on Monday that he and other ultrawealthy Americans should be paying higher taxes to help make life better for everyone in society. “We have a free-rider problem. The top 1-percent — and even more specifically the top 0.1-percent, […]

European stocks close higher ahead of US-China trade talks; Italian banks gain

European stocks close higher ahead of US-China trade talks; Italian banks gain

European stocks closed higher on Monday, with market participants looking ahead to a fresh round of U.S.-China trade talks this week.

Facebook steps up fact-checking in India before election

Facebook steps up fact-checking in India before election

has secured five new partnerships in India to widen its fact-checking program ahead of the country‘s general election due by May. On Monday, the tech giant announced it had partnered with India Today Group, Vishvas.news, Factly, Newsmobile, and Fact Crescendo, which were all certified through an international fact-checking network. The […]

Struggling Nvidia shares ‘likely to remain hamstrung,‘ Bernstein says in downgrade

Struggling Nvidia shares ‘likely to remain hamstrung,‘ Bernstein says in downgrade

Bernstein downgraded semiconductor stock on Monday to market perform from outperform, saying the company is facing severe challenges to growth and “headline risk [is] likely to continue increasing.” “Following the company‘s somewhat chilly guidance cut … we believe the shares are likely to remain hamstrung,” Bernstein analyst Stacy Rasgon said […]

Tesla‘s electric vehicle dominance is about to have ‘serious competition,‘ Morgan Stanley says

Tesla‘s electric vehicle dominance is about to have ‘serious competition,‘ Morgan Stanley says

‘s domination of the electric vehicle market is “unsustainable” and will soon be disrupted by start-up Rivian, Morgan Stanley analyst Adam Jonas said Monday. Jonas, whose thoughts on electric autos are widely followed on Wall Street, expects Rivian will be “the next serious competition from a ‘clean sheet‘ start-up with […]

Why getting a big tax refund isn‘t always a good thing

Why getting a big tax refund isn‘t always a good thing

If you are among the taxpayers expecting a refund this tax season, hold off on the champagne for a moment: A big check from the IRS isn‘t necessarily good news. The taxman kicked off the new filing season on Jan. 28, marking the first time taxpayers will be submitting their […]

The 10 best cities to buy your first home

The 10 best cities to buy your first home

Breaking into the housing market can be difficult, especially for beginners. But in some places it‘s more possible, and less stressful, than others. A identified the best cities for first-time homebuyers, where down payments are typically lower and mortgages can be easier to secure. The study ranked the 50 largest […]