technology-industry
Latest stories covering technology-industry, with summaries and links to related coverage.
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Apple boss Tim Cook says prices to rise due to memory chip costs
news
3 min read
Apple plans to raise product prices due to a surge in memory chip costs. CEO Tim Cook stated that these price increases are "unavoidable" as the current situation regarding memory chips is "unsustainable."
Cisco workforce reductions
news
2 min read
Cisco reported Q3 FY26 earnings of $15.8 billion, reflecting a 12 percent year-over-year increase, alongside double-digit growth in both revenue and profit. The company acknowledged challenges such as a rapidly changing market, intensifying competition, and a global component shortage.
Tim Cook's Impeccable Timing
opinion
13 min read
Tim Cook will transition to the role of Executive Chairman at Apple on September 1. His tenure as CEO has been marked by significant financial success for the company.