Chinese automaker BYD has announced a broad range of price reductions on its electric and plug-in hybrid vehicles, with discounts reaching up to 34% on select models. The incentives, available through the end of June, are aimed at stimulating demand amid growing inventory levels. The discounts affect models from both the Ocean and Dynasty series. The entry-level Ocean Seagull is now priced at RMB 55,800 ($7,750), a 20% decrease from its previous RMB 69,800. The Ocean Dolphin has been reduced 22% to RMB 77,800, while the plug-in hybrid Ocean Seal 07 DM-i sees the sharpest cut, down from RMB 155,800…
Author: Marco Rossi
Broadcom reassured investors about artificial intelligence (AI) chip demand on Thursday, issuing a robust second-quarter forecast and hinting at new hyperscale customers that could further bolster revenue in a competitive semiconductor market. The chipmaker projected revenue of approximately $14.90 billion for the quarter, surpassing LSEG estimates of $14.76 billion. The announcement alleviated fears about slowing AI chip demand, which had been sparked by Marvell Technology’s (MRVL.O) weaker outlook a day earlier. Broadcom shares, which had closed down 6%, surged 14% in extended trading following the earnings report. CEO Hock Tan stated that revenue from AI semiconductors is expected to reach…
Spotify has acknowledged a technical issue that caused some Premium subscribers to hear ads despite paying for an ad-free experience. The company confirmed the problem in a post on X (formerly Twitter) on Thursday, directing users to its Community website, where reports of the issue have been surfacing over the past four weeks. Issue and Response Spotify clarified to TechCrunch that this latest issue is separate from a previously reported bug and affected only a small number of users. The company said it has deployed a fix, though its X account has yet to confirm its release. In the meantime,…
Garmin has begun rolling out System Software 20.22, the latest stable update for its Fenix 7 series, Fenix 7 Pro, and other compatible smartwatches, including the Tactix 7, Epix 2, and Enduro 2. The update, which follows the release of System Software 20.16 less than a month ago, aims to address bugs and stability issues that arose in previous firmware versions. The company had initially introduced System Software 20.16 with over 20 improvements, but users quickly reported new issues, prompting Garmin to re-engage its public Beta Program for further testing. Among the most notable problems were external heart rate sensors…