Business

Microsoft Hits $3 Trillion Milestone; Apple Mac Celebrates 40 Years

Published January 25, 2024

On a notable Wednesday, Microsoft joined the exclusive club as the second company in history to reach a $3 trillion market valuation, spurred by a surge in investor confidence driven by the company's dedication to artificial intelligence (AI) technologies. This remarkable achievement comes in the wake of Apple’s similar accomplishment in the previous year. During the New York trading hours on the same day, Microsoft's stock experienced an uptick of over 1.45%, coinciding with the S&P 500 index reaching historic peaks. Among the ‘magnificent seven’ tech giants propelling the US stock indices' growth, Microsoft has been vigorously integrating AI into its range of services.

Cybersecurity Alerts in the UK

In the United Kingdom, there's a growing concern over the increasing threat that ransomware, enhanced by AI, poses to the region. The government's top cybersecurity official cautioned citizens to fortify their defenses against these evolving cyber threats. Recent findings by the National Cyber Security Centre (NCSC) suggest that AI advancements are lowering the barrier of entry for aspiring cybercriminals, facilitating more targeted and voluminous cyberattacks.

Netflix Witnesses Surge in Subscribers

Netflix reported a significant subscription boom as it clamped down on password sharing, leading to a record-breaking 13.1 million new sign-ups in the final quarter of last year. The streaming service expressed confidence in its growth trajectory and has hinted at upcoming price hikes in line with its normal pricing strategy.

Apple Mac's Fourth Decade

Turning the page back 40 years, the original Macintosh was revealed by Steve Jobs in Cupertino, marking the beginning of a persistent legacy. Decades later, questions about the relevance of the Mac in an evolving digital ecosystem persist, yet the sentiment within Apple remains that the Mac will continue its journey indefinitely.

Concerns Over Online Safety for Youths on Social Media

In matters of online safety, especially for younger audiences, Meta faces criticism for not taking sufficient proactive steps despite having necessary infrastructure. After the tragic incident involving Molly Russell, a whistleblower from within the company emphasized the need for more robust measures to protect teenagers from encountering harmful content on platforms such as Instagram and Facebook.

Electric Revival of the Vauxhall Frontera

The automotive world is set to welcome back the Vauxhall Frontera, but this time as a fully electric SUV. Shedding its historical association with an Isuzu platform, the reimagined Frontera will now be built upon a modern electric platform by Stellantis, reflecting the industry's pivot towards electrification.

Microsoft, Apple, Technology