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Technology

Asides

Apple beats quarterly profit and sales estimates—led by record services revenue

Apple, which accounts for 7% of the S&P 500’s breadth, made $24.2 billion in profit during the first three months of 2023.

  • By Derek Saul
  • Forbes Staff

IBM plans to replace 7,800 human jobs with AI, report says

Some 7,800 human jobs could be replaced in the coming years by AI programs, IBM CEO Arvind Krishna told Bloomberg.

  • By Nicholas Reimann
  • Forbes Staff

Apple’s new savings account draws nearly $1 billion in deposits in first four days

While regional banks struggle to hold onto deposits, and maintain net interest margins, Apple and Goldman’s new savings account is showing big inflows.

  • By Emily Mason
  • Forbes Staff

‘I’ve never hired a writer better than ChatGPT’: How AI is upending the freelance world

“I’m really frankly worried that millions of people are going to be without a job by the end of this year.”

  • By Rashi Shrivastava

Mark Zuckerberg gets $10 billion richer after Meta’s latest home run

“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.

  • By Derek Saul
  • Forbes Staff

Meta stock surges to 14-month high even as Metaverse bleeds billions

The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.

  • By Derek Saul
  • Forbes Staff

‘Biggest launch of the year’: The tech masterminds behind sell-out Nike x Tiffany collab

In 2019, three ex-Google employees put their heads together to make hype drops a better experience for fans. Today, EQL has raised $25 million in capital and powered some of the world’s hottest hype drops successfully.

  • By Anastasia Santoreneos
  • Journalist & List Editor

China’s Mars rover is stuck sleeping after harsh martian winter

A buildup of dust means the rover, which spent months exploring Mars, may never be able to wake up.

  • By Robert Hart
  • Forbes Staff

Revealed: The top 25 companies to work for in Australia

COVID changed the way we work forever. Employees are now demanding more than just a paycheque; they want to work somewhere that aligns with their beliefs and values. So exactly what makes a company great to work at?

  • By Samuel Hussey
  • Head of News & Life

Billionaire Li Ka-Shing backs Aussie biocomputing startup combining AI and brain cells

Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by Horizons Ventures, the private investment arm of Hong Kong’s richest person, Li Ka-shing.

  • By Zinnia Lee
  • Forbes Staff
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