Intel reveals chip plans
Gelsinger tries to put a silver lining into disappointing results
Despite Intel's disappointing results, the company used the announcement to reveal some of its chip plans.
US TikTok is likely to close rather than be sold
US kids will need therapy
The owner of TikTok, ByteDance, would prefer to shut down its loss-making application rather than sell it if the Chinese company uses all legal avenues to contest legislation that would ban the platform from app stores in the US.
Harddrive makers jack up the price of products
Hard cheese is all because of AI, and last year, it was Covid
Harddrive makers are increasing the prices of their products, blaming AI for a supply shortage caused by that other dog-ate-my-homework excuse, COVID-19.
Intel’s stocks slide after unimpressive results
Gelsinger’s plan is not making money fast enough
Intel’s stock dropped approximately nine per cent within an hour after its first-quarter results and guidance was released on 25 April, following the close of regular trading on Thursday.
Microsoft reports record results
All thanks to its AI moves
Software King of the World, Microsoft reported a 17 per cent increase in revenue to $61.9 billion (€55.63 billion), with $21.9 billion (€23.43 billion) in profits, up 20 per cent, and earnings of $2.94 (€3.15).