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If you’re looking for a bargain backpack or pair of shoes, Temu might seem like the ideal place to look. If you’re looking for a bargain stock, the price tag on Temu’s parent, PDD Holdings, certainly seems tempting.
Since PDD’s top management warned two weeks ago that rising competition would put downward pressure on its profits in the future, PDD stock has been trading 40% below its high for the year. As a result, PDD’s valuation, measured as a multiple of next year’s revenue, is now almost the same as th
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The Information
In its heyday, I used the PlayStation Portable (PSP) obsessively, but I haven't been pulled in by other handheld devices — no, not even the Nintendo Switch. That could change in the future as Sony is reportedly developing a new portable console that would offer games directly on-device, Bloomberg reports. Yes, the handheld device will allegedly have games right on the device, so you won't have to invest in a... Read more ›
3,757 fresh
A memo spotted by MacRumors indicated Apple Stores and Authorized Service Providers will be able to buy speakers as standalone components for the 14-inch and 16-inch M4 MacBook Pro with the M4 family of chips. A source added it’ll be an option for repairs on earlier MacBook Pro models with Apple silicon as well. Until now, the speaker repair process entailed replacing the whole top case, including the battery and... Read more ›
2,167 fresh
Sony is developing a portable version of the PlayStation 5, according to a new report. Read more Read more ›
1,996 fresh
The Garmin Fenix 7X Pro Sapphire Solar is one of the most high-performing, stylish, and sophisticated smartwatches available today. Read more ›
1,972 fresh
Vice President Sara Duterte said she had talked to a hitman to kill her boss if she herself were to be killed, saying she was making "no joke." Read more ›
1,458 fresh
It's hard to tell how Musk will impact Trump's EV agenda over the next four years. Read more ›
1,404 fresh
Larian has reportedly posted a €249m (£207m) pre-tax profit for 2023. This is, of course, thanks in no small part to the runaway success of the Dungeons and Dragon's-based Baldur's Gate 3. Read more Read more ›
1,035 fresh
The West focused for decades on advanced and complex systems over a sheer volume of weaponry. Russia's invasion of Ukraine shows that needs a rethink. Read more ›
1,021 fresh
The plane was a Boeing 737 en route from Leipzig, Germany. It made a "forced landing" near Lithuania's Vilnius airport, a DHL spokesperson said. Read more ›
761 fresh
Samsung says Apple is being left behind in the mobile market, and it could be years before Apple catches up. Read more ›
456 fresh
The FR600V isn't Kawasaki's most powerful lawn-mower engine, but it's got a string of good design features and an excellent manufacturer's warranty. Read more ›
452 fresh
Apple is not planning to make any significant changes to its AirPods Max headphones, a trustworthy Apple leaker claims. Read more ›
434 fresh
Removing your phone number and address from the internet can be exceedingly difficult. A multibillion-dollar lawsuit led by an unlikely privacy crusader could soon catalyze change for everyone. Read more ›
393 fresh
I moved from Canada to the UK and back again over the last five years. My husband and I had to declutter, and now, we live a minimalist lifestyle. Read more ›
371 fresh
Some key mortgage rates are moving up. Here's what to expect if you're in the market for a home loan. Read more ›
329 fresh
Realme has decided to separate the Neo series from the GT lineupRealme VP and Global Marketing President Xu Qi Chase made the announcement on Weibo. The GT will be the high-end "performance flagship series", while Neo will be the "midrange e-sports flagship". The first phone in the newly standalone series will be the Realme Neo7 in December. Xu Qi Chase highlighted previous achievements of the GT Neo phones' - the... Read more ›
315 fresh
Musk, who is set to advise President-elect Donald Trump on government efficiency, has said before that the F-35 program would lose to a drone fighter. Read more ›
307 fresh
If he does succeed DeSantis — a one-time Trump protége — the president-elect will secure yet another a valuable ally in Florida. Read more ›
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A reputable analyst predicts the iPhone 17 Air won't do well, but that a foldable iPhone might. Read more ›
245 fresh
The Information
Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more ›
41
Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
23
OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
17
To call the last two years “tepid” for tech initial public offerings would be an understatement. In the wake of a record-smashing high in 2021, IPO deal proceeds plummeted 94% in 2022 and have been slow to recover. But 2025 could be looking up, with some big names likely to hit exchanges. At a recent event about artificial intelligence’s impact on the IPO market, Anita Ramaswamy, The Information’s financial analysis... Read more ›
16
Techies know well that coaxing a large language model to give you a good answer can feel a bit like tricking a toddler. Developers have been known to write, “if you don’t give me the correct answer, I will be fired” in their prompts—successfully. That led to “prompt engineering,” a side hustle for techies who wanted to make easy money by writing and improving prompts for LLMs. Now, a host... Read more ›
15
There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
13
OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
9
In China, one of the biggest names in tech is Kai-Fu Lee, a Taiwan native and a bestselling author who used to head Google’s operations in the country. When Lee founded an artificial intelligence startup called 01.AI in Beijing in March last year, Chinese investors including Alibaba Group were so eager to back him that the startup became a unicorn just eight months later. But in the U.S., where Lee... Read more ›
6
Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
6
Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
5
Most popular sources
Business Insider
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29% 1 |
Tom's Hardware
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10% 3 |
Eurogamer.net
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10% 8 |
Gizmodo
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9% 3 |
CNET
|
7% 2 |
| View sources » | |
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25.11.2024 07:41
Last update: 07:36 EDT.
News rating updated: 14:30.
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