Latest news with #JulieChang
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
TNB Tech Minute: Apple Watch Gets Blood Oxygen Feature Back - Tech News Briefing
Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Julie Chang: Here's your afternoon TNB Tech Minute for Thursday, August 14th. I'm Julie Chang for the Wall Street Journal. Apple is bringing back the blood oxygen feature for some models of the Apple Watch. The iPhone maker was forced to remove the capability nearly two years ago due to a patent dispute with medical technology company Masimo. The feature known as pulse oximetry measures oxygen saturation in blood. In a statement, Apple said users of some models of the Watch Series 9 and 10, as well as the Ultra 2 will be able to use the redesigned feature with a software update being pushed later today. The tech giant also said it was enabled by a recent US customs ruling. A spokesman from Masimo didn't immediately respond to a request for comment. And the buy now pay later company Klarna saw a jump in revenue in the second quarter. As momentum in the US, its biggest market continues to accelerate. The company posted a revenue of $823 million up from $682 million in the same period a year prior. Last year's figure was inflated by the sale of its online checkout solution, Klarna Checkout. The Swedish financial services company said it added 202,000 merchants over the past year, and it said it's expanding its footprint through partnerships with Walmart, eBay, J.P. Morgan, and more. Finally, Chinese Tech giant Tencent's accelerated second quarter revenue growth shows its investments in artificial intelligence have paid off Citi analysts said in a research note. They said the contribution of high margin revenue streams such as domestic games and video accounts, as well as its disciplined spending on AI has enabled Tencent to continue to grow profits. Tencent's gaming business has become one of the earliest segments to benefit from AI. For a deeper dive into what's happening in tech, check out Friday's Tech News Briefing podcast.
Wall Street Journal
16-07-2025
- Business
- Wall Street Journal
TNB Tech Minute: Oracle's Stock Price Has Doubled Over the Past Two Years - Tech News Briefing
Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Julie Chang: Here's your afternoon TNB Tech Minute for Wednesday, July 16th. I'm Julie Chang for the Wall Street Journal. Oracle stock price has doubled over the past two years. Much of that is due to artificial intelligence. The software giant's stock has jumped more than 40% in the last two months, a period that included Oracle's latest earnings report and the disclosure of a new cloud service agreement expected to contribute more than $30 billion in annual revenue starting in Oracle's 2028 fiscal year. Challenges for the company include managing what is still a volatile business against raised expectations. Plus, its ability to secure AI Chips from Nvidia that are in hot demand. Shares of Oracle ended the day up 2.7%. And Ubisoft Entertainment has appointed two co-CEOs to lead its new Tencent-backed subsidiary. The co-CEOs will come from Ubisoft, Christophe Derennes and Charlie Guillemot. The new subsidiary is set to include the teams behind the Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six franchises. The unit will also house any new games under development or to be developed. Four months ago, the French video game group struck an agreement with Chinese internet giant, Tencent. Under it, Tencent would invest the equivalent of $1.35 billion for about a quarter stake in the new subsidiary. Finally, we exclusively report that Estee Lauder is making a new push to reach shoppers online. The beauty giant was late to embrace online retail. Its new CEO, Stéphane de La Faverie, is changing that in an effort to reverse a slumping sales amid changing consumer behavior. The company has hired a senior executive from Nestle to help drive a digital overhaul and it says it will use AI to enhance consumer experience and leverage data to identify trends and create targeted products. And that's a wrap on your TNB Tech Minute for today. Join us again tomorrow morning for your next quick tech update.
Wall Street Journal
11-07-2025
- Business
- Wall Street Journal
TNB Tech Minute: Pentagon Lifts Drone Restrictions, Shares of Defense Stocks Rise - Tech News Briefing
Plus: Nintendo's new Switch 2 videogame machine includes a rare-earth magnet primarily produced in China, highlighting the company's vulnerability to potential Chinese supply-chain disruptions. And, Microsoft is set to continue capitalizing on the cloud and artificial intelligence opportunity ahead, according to analysts. Julie Chang hosts. Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
Wall Street Journal
04-06-2025
- Business
- Wall Street Journal
TNB Tech Minute: Reddit Sues Anthropic, Alleging Unauthorized Data Use - Tech News Briefing
Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Julie Chang: Here's your TNB Tech minute for Wednesday, June 4th. I'm Julie Chang for the Wall Street Journal. Reddit is suing Anthropic, saying The AI startup used the site's data for commercial purposes without a licensing agreement violating user data policy. The lawsuit references a 2021 Anthropic research paper that details the usefulness of Reddit data in AI model training. Reddit has licensing deals with OpenAI and Google, but said it had tried and failed to reach an agreement with Anthropic. A spokeswoman for Anthropic said the company disagrees with Reddit's claims and will defend itself vigorously. Meta is in talks with Disney, A24, and other smaller production companies to feature exclusive content on its new premium virtual reality headset to be launched next year. Thus, according to people familiar with the matter, the new device known internally as Loma is set to rival Apple's Vision Pro. Meta is offering millions of dollars for episodic and standalone immersive video based on well-known intellectual property. A Meta spokesman referred to comments by its CTO about the company working on many prototypes, not all of which go into production. CrowdStrike says its cooperating with federal authorities in connection with an incident last July, when a bug in the company's software knocked millions of computers offline. The outage delayed thousands of flights, broke backend systems, and rendered laptops temporarily unusable. According to a filing with the Securities and Exchange Commission, the cybersecurity firms at the Justice Department and the SEC have requested information related to the incident and other matters. Shares of CrowdStrike fell more than 5% today. For a deeper dive into what's happening in tech, check out Thursday's Tech News Briefing podcast.
