Author: Daniel snow

Chinese smartphone company Xiaomi is developing its own chip called Xring O1.Cfoto | Future Publishing | Getty ImagesBEIJING — Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and a cheaper phone.Xiaomi is winning the battle on the pricing of its latest phone. The new Xiaomi 15S Pro starts at 5,499 yuan ($764) — making it eligible for a state-subsidized discount — and is significantly cheaper than Apple models containing the company’s most advanced phone chip. The iPhone 16 Pro starts at 7,999 yuan, while the iPhone Pro Max model begins at 9,999 yuan — above…

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Tiffany Hagler-Geard | Bloomberg | Getty ImagesIntuit on Thursday reported quarterly results that beat analysts’ estimates and issued stronger-than -expected guidance for the full year. The stock rose about 4% in extended trading. Here’s how the company did compared to analysts’ estimates compiled by LSEG:Earnings per share: $11.65 adjusted vs. $10.91 expectedRevenue: $7.8 billion vs. $7.56 billion expectedRevenue in the fiscal third quarter increased 15% from $6.7 billion a year ago. Intuit is best known for its TurboTax and QuickBooks software. The latest quarter ended on April 30, two weeks after the deadline for filing tax returns in the U.S.For its full fiscal…

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General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen.General MedicineAfter selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.”PillPack founders TJ Parker and Elliot Cohen on Thursday launched a new venture called General Medicine. Parker and Cohen are joined by Ashwin Muralidharan, who most recently served as the technical adviser, or “shadow,” to Amazon’s top health executive Neil Lindsay.General Medicine is an online health-care marketplace, where users can get connected with a provider based on specific medical…

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The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty ImagesAmerican Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but cautioned that the impact is “modest.””There probably is some amount of book-away from Newark flights over into LaGuardia, JFK, maybe Philadelphia to a lesser extent,” CFO Devon May said at the Wolfe Research conference.The Federal Aviation Administration this week ordered airlines to temporarily cut flights at…

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