Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as

SAN CARLOS, Calif.--(BUSINESS WIRE)--Jun 29, 2023--

U.S. lawmakers are coming for the free and open internet in the name of "child

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games

Apple says that its App Store has helped generate more than a trillion dollars for the first time, just days ahead of its major developer event. The App Store ecosystem facilitated $1.1 trillion in developer billings and sales last year, according to an independent study from The Analysis Group and commissioned by Apple. That is the result of rapid growth over recent years: that number rose 29 per cent on last year, and by 27 per cent in each of the two years before that. Those increases were partly a result of an increase in the apps that people use as the world opens up, such as taxi services, the report said. Apple’s announcement came just days ahead of its Worldwide Developers Conference, which begins on Monday. That is likely to see a whole new platform for developers to build apps for, with the launch of its new augmented reality headset. The report also comes amid increasing criticism over Apple’s power over the App Store, which is the only way to get apps onto the iPad and iPhone. Critics have argued that control means that Apple is able to make unfair demands on developers, including taking a cut from some sales made within apps and deciding what apps are available. Apple has commissioned a number of such reports in recent years, aimed at highlighting the economic impact of the App Store and the positive effects that can have for developers. The new report focused not on the money made by Apple, or through the store. Instead, it aimed to quantify how much money is made through the ecosystem built around the App Store, which includes billings and sales that are made through apps but without Apple’s involvement. More than 90 per cent of the billings and sales went specifically to the developers, with Apple not taking a cut, the report said. While Apple takes a cut from the sale of apps and digital goods and services within those apps, companies selling physical goods and other services are able to keep the full amount. Of the $1.1 trillion made last year, App Store developers generated $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services, Apple said. Last year, that came particularly from travel apps and ride-hailing. Travel sales on iOS were up 84 per cent last year, the report said. It was not possible to say how much of that gain was the result of the world opening back up after lockdowns and other issues, compared with the specific work of Apple and those App Store developers, economists from Analysis Group said. The report also comes on the 15th anniversary of the App Store, which was launched in 2008. Apple said that iOS developers have earned more than $320 billion on App Store in those 15 years. “We’ve never been more hopeful about — or more inspired by — the incredible community of developers around the world,” said Tim Cook, Apple’s CEO. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future.” Read More Major leak reveals details of Apple’s VR headset days before unveiling Apple is going to reveal something else alongside its headset, rumours suggest Trust and ethics considerations ‘have come too late’ on AI technology New iPhone update ‘completely changes how the lock screen works’ Apple lays bare danger of losing your health data Apple is making a ‘mixed reality’ headset. Here’s what that future might look like

SEATTLE--(BUSINESS WIRE)--May 22, 2023--

TL;DR: Google is offering free AI training courses for everyone in the UK. Boost your

By Nia Williams and Ismail Shakil OTTAWA (Reuters) -The government of Canada's Northwest Territories declared a state of emergency on

Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a

The Euclid space telescope has revealed its first full-colour images, showing the universe as it has never been seen before. The five images, taken by the European Space Agency’s newly launched flying observatory, show the shining lights of distant galaxies. Scientists hope they will also prove useful in better understanding those galaxies, which includes some of the most massive structures in the known universe. Many of the galaxies have never been seen before. And much of the information in them could help explain mysteries such as dark energy and the expansion of the universe. The images released on Tuesday include one of the Perseus cluster of galaxies which shows 1,000 galaxies belonging to the cluster, and more than 100,000 additional galaxies further away in the background. Many of these faint galaxies were previously unseen, and some of them are so far that their light has taken 10 billion years to reach us. Another image captures the spiral galaxy IC 342, nicknamed the Hidden Galaxy, because it is difficult to observe as it lies behind the busy disc of our Milky Way, and so dust, gas and stars obscure our view. One of the new pictures is of globular cluster NGC 6397 - the second-closest globular cluster to Earth, located about 7,800 light-years away. Globular clusters are collections of hundreds of thousands of stars held together by gravity. These faint stars tell us about the history of the Milky Way and where dark matter is located. To create a 3D map of the universe, Euclid will observe the light from galaxies out to 10 billion light-years. The first irregular dwarf galaxy that Euclid observed is called NGC 6822 and is located just 1.6 million light-years from Earth. And the fifth image shows a panoramic and detailed view of the Horsehead Nebula, also known as Barnard 33 and part of the constellation Orion. Scientists hope to find many dim and previously unseen Jupiter-mass planets in their celestial infancy, as well as young brown dwarfs and baby stars, in this new observation. Professor Carole Mundell, ESA director of science, said: “Dark matter pulls galaxies together and causes them to spin more rapidly than visible matter alone can account for; dark energy is driving the accelerated expansion of the universe. “Euclid will for the first time allow cosmologists to study these competing dark mysteries together. “Euclid will make a leap in our understanding of the cosmos as a whole, and these exquisite Euclid images show that the mission is ready to help answer one of the greatest mysteries of modern physics.” Rene Laureijs, the ESA’s Euclid project scientist, said: “We have never seen astronomical images like this before, containing so much detail. “They are even more beautiful and sharp than we could have hoped for, showing us many previously unseen features in well-known areas of the nearby universe. “Now we are ready to observe billions of galaxies, and study their evolution over cosmic time.” Euclid was launched on a SpaceX Falcon 9 rocket from Cape Canaveral in Florida on July 1. Named after the ancient Greek mathematician Euclid, the two-tonne probe made its way towards an area in space known as the second Lagrange point, where the gravitational forces of Earth and the sun are roughly equal - creating a stable location for the spacecraft. The UK has contributed £37 million towards the £850 million mission, with scientists playing key roles in designing and building the probe and leading on one of the two scientific instruments on board. Dr Caroline Harper, head of space science at the UK Space Agency, said: “These first colour images showcase Euclid‘s enormous potential, giving us incredibly sharp images of galaxies and stars, and helping us understand more about the impacts of dark matter and dark energy on the universe. “The UK has played an important role in the mission, leading on the development of the visible imager (VIS) instrument and on key elements of the data processing pipeline, funded by the UK Space Agency. “And this is just the start - UK researchers will be using Euclid data for many years to come to make significant new scientific discoveries about the composition and evolution of the cosmos.” Additional reporting by Press Association Read More Euclid space telescope releases first full-colour images of cosmos First full-colour images of universe captured by Euclid telescope revealed Watch again: ESA reveals first full-colour images of ‘dark universe’ from Euclid Tim Peake: Possibility of all-UK space mission a ‘very exciting development’ Strange purple light phenomenon ‘Steve’ spotted across UK skies Nasa sending VR headset up to ISS to treat astronaut’s mental health

After bans on affirmative action in states from California to Florida, colleges have tried a range of strategies to achieve a diverse student body

Montana Governor Greg Gianforte on Wednesday signed a law banning TikTok in the state, setting up the first