Consumer electronics

There may be another shoe to drop after Micron’s big outlook miss

Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter revenue of $6.8 billion to $7.6 billion, whereas analysts tracked by FactSet had been modeling $9.15 billion. Micron’s chief executive acknowledged that “the industry demand …

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Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says

Exactly how much bounce is left in this bear market? A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply …

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Atari turns 50, and the godfather of video games talks about how to change the world

“‘Schopenhauer always talked about creative destruction. New innovations often destroy old dominance. And that’s what you kind of want to do, because you’re not going to beat Microsoft at their game. But you can beat them at a game that you own.’” That’s Atari founder and mass-market video game creator Nolan Bushnell’s advice to the …

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Zendesk shares soar 35% after report of buyout deal

Zendesk Inc. ZEN, +1.29% shares soared 35% to $78.36 in after-hours trading Thursday following a report from The Wall Street Journal that the company is close to a deal with a group of buyout firms. A deal with a group that includes Hellman & Friedman LLC and Permira could be struck in the coming days …

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Tim Cook gives clearest hint yet that Apple’s building a headset

Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022 . Chris Tuite | AFP | Getty Images Apple CEO Tim Cook recently …

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Tesla stock has ‘gone on sale,’ according to one analyst. Here’s what investors should do

Tesla Inc. stock is caught up in the tech selloff as well as some company and industry headwinds, but that doesn’t mean investors should shy away from the “highly attractive entry point” the pullback has created. That’s from CFRA analyst Garrett Nelson, who said in a note Tuesday that even though Tesla TSLA, +9.35% shares …

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Apple Patent Explores Phone Charging Touch Keyboard

MacBook Pro 14photo: Caitlin McGarry/Gizmodo Apple’s MacBooks haven’t changed much over the past decade or so. Some of the latest models were recently redesigned with modern features, but their form remains that of traditional laptops. That isn’t due to a lack of ideas. Between each model refresh is a flood of patents conjured up by …

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Elon Musk had a bad week at Tesla, SpaceX and Twitter

Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images In what’s been a particularly eventful year for Elon Musk, this was a decidedly rough week. Tesla’s stock, which has …

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All the Ways You’re Setting Up Your TV Wrong

photo: Paolo De Gasperis (Shutterstock) This TikTok video from Kylo Sten begins with a bold claim: “I work in TV post production, and almost all of you guys are setting your TVs up wrong.” Below are Sten’s top three TV-set-up mistakes, plus a few of our own to add to the list. Turn off motion-smoothing …

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Sonos Sends Extra Speakers to Customers, Charges Them Too

Sonos Beam 2photo: Victoria Song/Gizmodo Sonos customers should check their bank accounts for charges on products they never ordered. After receiving, and in many cases being charged for, extra goods, disgruntled customers took to reddit late last week to warn others. ace The Verge reports, one customer placed an order for a single Move speaker …

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