Shares of General Electric drop after announcing a $6.2 billion charge, but BlackBerry surges on news of a new software for connected cars. We also look at shares of Alphabet, on news Google is laying underwater cables to grow its cloud business.
Plus a preview of the Detroit Auto Show. We'll take a look at the hottest cars at the event and how new technologies, from connected vehicles and self-driving make their presence known.
And what to expect as Google, Facebook, and Twitter head to Capitol Hill. We break down what's in store with GBH's Daniel Ives and CFRA's Scott Kessler.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
Seth Schachner, Managing Director at Strat Americas, on Hollywood's latest blockbusters utilizing content creation. Plus, the future of YouTube and TikTok.