April 24, 2024
Apple’s Losses in China: Huawei’s Gain
Apple’s iPhone sales have dropped by 19% in the first quarter of 2024, while Huawei saw a staggering 69.7% increase in sales during the same period, according to a report from Counterpoint Research. This trend highlights a significant reshaping of the competitive...
April 21, 2024
Samsung Enters Emergency Mode with 6-Day Work Week for Executives
Samsung Group, one of South Korea’s largest conglomerates, has implemented a six-day work week for its executives amid growing business uncertainties. The decision follows a series of challenging market conditions, including a sharp depreciation of the Korean won,...
April 18, 2024
Goodbye App Store: Apple Finally Allows App Downloads from Third-Party Sites in the EU
Apple’s stronghold over iOS apps is undergoing a seismic shift in the European Union as the tech giant announces a groundbreaking change: the allowance of app downloads from third-party websites. This move, unveiled in compliance with the new Digital Markets Act (DMA),...
April 15, 2024
Apple Struggles Against Chinese Competitors as iPhone Shipments Decline
The global smartphone market witnessed a resurgence in the first quarter of the year, according to a report by IDC. However, amidst this overall growth, Apple Inc. faced a significant setback with a sharp decline in iPhone shipments, marking its worst performance since the...
April 14, 2024
BlackRock Assets Soar to Record $10.5 Trillion Amid Market Surge
BlackRock, the world’s largest asset manager, has reported record-breaking assets under management (AUM) of $10.5 trillion in the first quarter of the year, accompanied by a remarkable 36% surge in profit. The company attributed this exceptional performance to the...