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Amazon and Meta surge after results, while Apple drops

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results . Meta's stock surge d over 14% to a record high $451 after the bell, elevating its market capitalization by $148 billion to $1.16 trillion after the Facebook owner declared its first-ever dividend. While dividends are associated with mature, slow-growth companies, Meta delivered a 25% jump in revenue to $40.1 billion for the December quarter, fueled by robust advertising and device sales. Amazon's stock jumped 8% after the company beat December-quarter revenue expectations on strong growth in online spending during the critical holiday shopping season. That put the online shopping and cloud-computing heavyweight's market capitalization at $1.78 trillion. Apple's quarterly results  beat anal...

Google to switch to continuous scrolling for search results

Google is now adopting a continuous scroll feature for Search results on desktop, similar to what had already been launched on mobile websites in 2021. The search results page used to show up to 10 blue links and 100 results per page, but now the company is announcing, "up to six pages of results”. After scrolling to the bottom, a loading indicator will begin to load more results faster than clicking 'next' for another page of results. The seamless feed nature is meant to be more convenient and easy which is more common on mobile websites than desktop ones. Google claimed previously, that “most people who want additional information tend to browse up to four pages of search results .” The Alphabet-owned tech company is also adding more Search box suggestions on mobile and better layouts for key results , on mobile websites. The desktop features have yet to be determined by the company, while it also tests out a new design for Search filters. The...

Apple iPhone sales inch up, bolstering results amid shaky economy

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Apple Inc's results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets. Shares of the largest US company by market value rose 2% after Apple exceeded Wall Street's expectations for revenue and profit for the April 1 quarter. The company's results contrast with disappointing figures out of big chipmakers due to a slower-than-expected rebound in China's economic growth. Apple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved. Apple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. IPhone sales were up 1.5% t...

Google to blur explicit images in search results by default

In an announcement today, Google says that it will soon enable a new SafeSearch blurring setting by default for all users. The filter will protect users from encountering explicit imagery after searching on the engine. Released to mark Safer Internet Day, Google is aiming to make the internet secure for users with a filter that is designed to blur sexually explicit content like pornography, violence, and gore. Users, however, can choose to turn the filter off in settings at their own wish. The filter was already turned on previously, for users under the age of 18. The filter will blur content in search results but will also provide the option to view the image by clicking on the button, after ignoring the warning. The popular search engine company has noted that the automated system blurring explicit content might not be 100% accurate. Just last year, Google announced that it would use AI to improve its automated systems in removing unwanted explicit or suggestive content fr...