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☆ Why foldable phones are so incredibly expensive
▼ + stars: | 2023-05-21 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

“I’ve owned practically every Pixel device,” said Pantons, 33, who has posted hundreds of YouTube videos about Pixel phones and other tech products. Premium partsThe flexible screen found on foldable phones is one of the biggest reasons why they cost so much. And the Google Pixel Fold has two: a 5.8-inch cover display and a 7.6-inch inner display. The new Google Pixel Fold phone Justin Sullivan/Getty ImagesOther components unique to foldables also drive up the cost. Foldable phones are also notoriously fragile.

☆ Google I/O event: first foldable phone, new tablets and more AI features
▼ + stars: | 2023-05-10 | by ( Samantha Kelly | ) edition.cnn.com time to read: +8 min

The Pixel FoldThe Google Pixel Fold is the company's first foray into foldable phones GoogleGoogle became the latest tech company to unveil a foldable smartphone. Like other foldables, the $1799 Pixel Fold features a vertical hinge that can be opened to reveal a tablet-like display. The Pixel Fold is very much a phone first: when it’s unfolded, it opens up into a 7.6-inch screen, and moves on Google’s custom-built 180-degree hinge. Under the hood, the 11-inch tablet is powered by Google’s Tensor G2 chips, which bring long-lasting battery life and AI features to the device. AI features coming to searchGoogle is also moving forward with plans to bring AI chat features to its core search engine amid a renewed arms race over the technology in Silicon Valley.

☆ Motorola Solutions CEO: We still have supply chain challenges throughout the balance of the year
▼ + stars: | 2023-05-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMotorola Solutions CEO: We still have supply chain challenges throughout the balance of the yearMotorola Solutions CEO Greg Brown joins 'Squawk on the Street' to discuss company earnings, investing in security, and A.I.

☆ Morning Bid: Hike and hold, bank angst and Apple
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +5 min

As the Fed delivered what markets assume will be the last rate hike of a brutal 13-month, 500-basis-point tightening cycle, further aftershocks from the March bank blowups reverberated in the background. And given they had advance knowledge of next week's quarterly loan survey before Wednesday's rate decision, it suggests the bigger picture they see remains somewhat equivocal. Norway's central bank raised interest rates as expected and signalled more to come. Events to watch for on Thursday:* European Central Bank policy decision, statement and news conference* U.S. first quarter unit labor costs and productivity, April layoffs, March trade balance, weekly jobless claims. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ This is Google’s new folding phone
▼ + stars: | 2023-05-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +2 min

CNN —Just a few days ahead of its product launch, Google unveiled an early look at its first foldable smartphone. In a video posted to Twitter and YouTube, the company teased a Pixel phone with a vertical hinge that can be opened to reveal a tablet-like display. According to ABI Research, foldable and flexible displays made up about 0.7% of the smartphone market in 2021, and in 2022 expected to fall just shy of 2%. Google's new Pixel Fold smartphone From Google StoreHigh price points have limited consumer adoption, too. The Pixel Fold is rumored to start at $1,700.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

A five-year average one-day gain of 0.5% or more after reporting The stocks have beaten earnings expectations 75% of the time over a five-year period. It beats earnings expectations by a median of 16.06% over 10 years. Shares of Garmin stock has gained 5.8% so far in 2023, and the company will report earnings on May 3. The company beats earnings expectations by 3.58% over a five-year period, while beating overall 85% of the time over the same timespan. The company also has an unblemished record over the past five years, beating earnings expectations 100% of the time.

☆ EU sets out patent rules for smart technology to limit law suits
▼ + stars: | 2023-04-27 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

SEPs protect technology such as for 5G, Wi-Fi or Bluetooth that is needed by equipment producers to comply with international standards. Under the proposals from the European Union executive, patent holders in the fields of telecoms, computers, payment terminals and other smart technology, will be required to register their essential patents with the EU Intellectual Property Office (EUIPO). The EU proposal also includes a new supplementary protection certificate to extend a patent by five years for pharmaceutical or plant protection products. This would complement the EU unitary patent that will be launched on June 1. The rules need to be agreed with EU countries and the European Parliament before they can become law and may be amended.

Mehta pressed him, for example, on if being dominant in search means that Google's search engine will improve faster than its competitors. In particular, he said, Google should not have made agreements with Apple that requires that Google be the default search engine. Google argued in court filings that the payments at issue are legal revenue-sharing deals and not illegal efforts to exclude rivals. Since this lawsuit was filed, Google has been hit with other antitrust complaints. The Justice Department filed a second lawsuit in January accusing the company of abusing its dominance of the digital advertising business.

Mehta pressed him, for example, on if being dominant in search means that Google's search engine will improve faster than its competitors. Google's Schmidtlein replied: "Offering a superior product, winning business on the merits is never unlawful." Google has argued in court filings that the payments at issue are legal revenue-sharing deals and not illegal efforts to exclude rivals. Since this lawsuit was filed, Google has been hit with other antitrust complaints. The Justice Department filed a second lawsuit in January accusing the company of abusing its dominance of the digital advertising business.

Google has argued in court filings that the payments are legal revenue-sharing deals and not illegal efforts to exclude rivals. The case is being heard by Judge Amit Mehta of the U.S. District Court for the District of Columbia. Since this lawsuit was filed, Google has been hit with other antitrust complaints. The Justice Department filed a second lawsuit in January accusing the company of abusing its dominance of the digital advertising business. A group of states led by Texas also sued on ad tech in 2020 while states led by Utah filed a lawsuit in 2021 saying the company broke antitrust law in handling its play store.

☆ Father of cellphone says people will learn not to stare at their phones while crossing the street 'after a few people get run over'
▼ + stars: | 2023-04-03 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

"Father of the cellphone" Martin Cooper says he is "devastated" by pedestrian phone use, per AFP. The engineer's comment comes 50 years after he invented the world's first Motorola cellphone. Cooper told AFP that we are still at the "mindless staring phase" with our phones. A 2022 study on how pedestrians use their phones found that 14.4% of pedestrians don't pay attention to traffic when crossing. Despite the safety risks, Cooper told the AFP he isn't worried about the longterm dangers of unfettered cellphone usage.

☆ 50 years ago, he made the first cell phone call
▼ + stars: | 2023-04-03 | by ( Jennifer Korn | ) edition.cnn.com time to read: +5 min

“I’m calling you on a cell phone, but a real cell phone, a personal, handheld, portable cell phone,” Cooper, then an engineer at Motorola, said on the phone to Joel Engel, head of AT&T-owned Bell Labs. “I was not surprised that everybody has a cell phone,” Cooper, now 94, told CNN. Today, 97% of Americans own a cell phone of some kind, according to a 2021 study by Pew Research Center. I know there are disadvantages to the cell phone. “Overall, I think the cell phone has changed humanity for the better and that will continue in the future.”

☆ Stocks making the biggest premarket moves: Credit Suisse, Snap, Adobe, PagerDuty & more
▼ + stars: | 2023-03-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading:Credit Suisse — U.S.-listed shares of Credit Suisse gained nearly 6% after the Swiss bank said it will borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank. Occidental Petroleum — Shares rose nearly 1% after Warren Buffett's Berkshire Hathaway bought another 7.9 million shares, totaling $466.7 million. Baidu — U.S. listed shares of Baidu sank nearly 6% after the Chinese tech company unveiled its ChatGPT alternative, Ernie bot. PagerDuty — Shares rallied nearly 6% after the digital operations management platform's earnings and revenue topped estimates for the fourth quarter. Adjusted earnings per share came in at 8 cents per share, versus the 2 cents expected, per Refinitiv.

☆ JPMorgan upgrades telecom stock Motorola Solutions, sees more than 15% upside
▼ + stars: | 2023-03-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to build a long-term position in Motorola Solutions , according to JPMorgan. Analyst Paul Chung upgraded Motorola Solutions to overweight from neutral, saying the telecommunications equipment firm that was spun off from telephone company Motorola Mobility Holdings is looking attractive. Motorola Solutions, the maker of video equipment and other software solutions, separated from Motorola Mobility Holdings in 2011. Since then, Motorola Solutions shares have had just two down years, most recently in 2022, when it fell just 5% while the S & P 500 dropped 19%. MSI 1D mountain Motorola Solutions shares 1-day Motorola has record backlog levels that are expected to remain robust on an upgrade cycle.

☆ Stocks making the biggest moves midday: First Republic, Signet Jewelers, Snap and more
▼ + stars: | 2023-03-16 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

A customer walks past an ATM outside of a First Republic Bank branch in Manhattan Beach, California, on March 13, 2023. First Republic Bank — Shares of First Republic erased earlier losses and were last up about 22%. UiPath — The stock surged 17.5% after the automation software company reported fourth-quarter adjusted earnings per share of 15 cents, beating the StreetAccount estimate of 6 cents per share. Adobe — The software maker saw its stock jump nearly 5% after the company reported fiscal first-quarter results that topped Wall Street estimates. The Wall Street firm said the stock has fallen to levels that are attractive.

☆ Here are Thursday's biggest analyst calls: Credit Suisse, Amazon, Block, First Republic, FedEx & more
▼ + stars: | 2023-03-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: JPMorgan reiterates Amazon as overweight JPMorgan said growth deceleration concerns are overdone. Stifel upgrades FedEx to buy from hold Stifel said FedEx shares are compelling at current levels. JPMorgan reiterates Credit Suisse as overweight JPMorgan said it's standing by shares of the banking giant. JPMorgan upgrades Motorola Solutions to overweight from neutral JPMorgan called the telecom equipment company "high quality." Bank of America upgrades Takeda Pharmaceuticals to buy from neutral Bank of America said called Takeda a "stable value stock."

☆ As Apple rumors swirl, Chinese rivals launch foldable smartphones to challenge Samsung
▼ + stars: | 2023-03-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The near $1,700 device is Honor's attempt to challenge Samsung in the foldable smartphone market. Foldables hit global marketSamsung launched its first foldable phone in 2019 and really created this category of smarpthones. The Galaxy Fold series opens outwards like a book, while the Galaxy Z Flip opens up like a traditional flip phone. The market expects foldable phone shipments to jump 111% year-on-year to 30 million in 2023. It comes as speculation rises that Apple could be gearing up to launch a foldable device, though it may be an iPad rather than a smartphone.

☆ The evolution of Motorola phones, from the bag phone to the iconic Razr flip phone that's making a comeback this year
▼ + stars: | 2023-03-05 | by ( Britney Nguyen | ) www.businessinsider.com time to read: 1 min

Motorola DynaTAC 8000XThe Motorola DynaTAC 8000x MotorolaMotorola's DynaTAC (Dynamic Adaptive Total Area Coverage) line started with the DynaTAC 8000x which launched in 1984. It cost $3,995 when it was released. The Motorola DynaTAC 8000X was a result of a race between Motorola and Bell Labs. Former Motorola vice president Martin Cooper made the first private call from a mobile phone to Joel Engel, his Bell Labs rival. Source: PCMag, mobilecollectors.net, Insider

☆ Huawei spin-off Honor takes aim at Samsung in foldables; shrugs off U.S. sanction concerns
▼ + stars: | 2023-03-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

The Honor Magic Vs is on display at Honor's stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor's attempt to challenge Samsung in the foldable smartphone market. Honor takes aim at Apple and SamsungHonor launched its Magic Vs foldable phone outside of China this week, with a price tag of nearly $1,700. Honor had a large poster for the Magic Vs with the tagline: "Unfold your magic." "Our ambition and target is develop the best foldable phone, so be the number one technology for foldable phones.

☆ Motorola confirms a new foldable version of the iconic Razr smartphone is coming this year
▼ + stars: | 2023-03-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Motorola plans to launch the next generation of the Razr foldable device "very soon," according to the CEO of Lenovo. Motorola rebooted the iconic Razr brand in 2020 as a device with a bendable screen. BARCELONA, Spain — A new version of the foldable Motorola Razr will be launched this year, according to the CEO of Chinese technology giant Lenovo which now owns the brand. The Razr is one of the brand's most iconic mobile phones and was first launched by Motorola in 2004. Yang said this is where the next generation of Razr phone would see improvements.

☆ Motorola shows off a rollable smartphone with a screen that can extend vertically
▼ + stars: | 2023-02-28 | by ( Ryan Browne | ) www.cnbc.com time to read: 1 min

BARCELONA — Motorola is showing off a concept smartphone that rolls out as a user slides it up. The phone, which is being featured at the Mobile World Congress tech conference in Barcelona, has a flexible five-inch display that extends to 6.5 inches when pushed upward. The phone is at an early concept stage, and there's no telling how much it will cost. Motorola is no longer the major mobile industry player it once was — the company shipped 51 million units in 2021, according to Statista data. The design at least shows innovation in a market that has struggled to come up with new features to get consumers excited.

☆ Qualcomm, Android phone makers developing satellite messaging feature
▼ + stars: | 2023-02-27 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

Feb 27 (Reuters) - Qualcomm Inc (QCOM.O) on Monday said it was working with a group of Android smartphone companies to add satellite-based messaging capabilities to their devices. Satellite-based communications can send and receive data in remote or rural regions where other telecommunications networks are not available. Qualcomm did not say when the new satellite messaging features from the Android smartphone brands named on Monday would become available. Earlier this year, Qualcomm said that some Android phones would have the features by the second half of this year. Reporting by Stephen Nellis in San Francisco; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Another smartphone supports satellite connectivity, as mobile space race heats up
▼ + stars: | 2023-02-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

British smartphone firm Bullitt on Friday launched a new phone capable of sending text messages via space, joining a crowded race to commercialize satellite-enabled devices. They will have to have Bullitt Messenger — the firm's proprietary satellite messaging app — installed in order to reply. Satellite phones have been in the works for decades, but have not yet entered mainstream usage. Bullitt is also launching a Bluetooth accessory, the Motorola Defy Satellite Link, that lets any Android or iOS device connect to its Bullitt Satellite Messenger app, effectively enabling any phone to become a satellite phone. "The company is a trailblazer for satellite messaging but competition is snapping at its heels," Wood told CNBC.

☆ Stocks making the biggest moves midday: Lyft, Spotify, Expedia, Yelp and more
▼ + stars: | 2023-02-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Expedia — The travel company's stock toppled nearly 8% after falling short of analysts' revenue and earnings expectations for the recent quarter. Yelp — Yelp's stock jumped 4% after fourth-quarter revenue beat analysts expectations, according to Refinitiv. Deutsche Bank — Shares fell 3% after Bank of America downgraded Deutsche Bank to underperform from neutral, saying the European bank is "struggling to improve profitability." The decline in shares came despite a top-and-bottom line beat on analysts' expectations, according to FactSet. Adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter came in below analysts' expectations, according to FactSet.

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