Global smartphone shipments in 2024 are expected to grow nearly 6 percent according to IDC, as premium handsets embrace AI
TECHNOLOGY POWERING BUSINESS
News Apple
Apple Axes Jobs In Digital Services Group – Report
Tech giant Apple reportedly cuts 100 jobs in its digital services group, with sources citing a shift in internal priorities
Apple Targets 10 September iPhone 16 Launch Event – Report
Latest Apple iPhone, Watches and AirPods are slated to be unveiled to the world on 10 September, according to Bloomberg sources
CMA Drops Apple, Google App Store Investigations
British competition regulator shuts down investigations into Apple and Google app stores, ahead of new law governing digital markets
Epic Games’s Fortnite Returns To Smartphones After Four Years
Epic Games' Fortnite returns to Android devices and EU iPhones via company's third-party app store after years of legal wrangling
Spotify To Add EU Pricing Info To iOS App
Apple relents and allows Spotify's iOS app to offer pricing information for EU users, ending years long standoff
Xiaomi Makes Gains Across Latin America, Japan, India
Xiaomi makes large smartphone market share gains in markets including Latin America, Japan, India as Southeast Asia sees premium growth
Apple Beats Expectations, Despite Falling iPhone Sales
Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China
China Sees Slowdown In Foreign-Branded Smartphone Growth
Mainland China sees slower growth in foreign-branded smartphones, after strong competition sees Apple fall out of top 5 vendors
Apple Signs White House AI Safeguards
Apple joins White House Voluntary AI Safeguards programme, joining 15 other major companies in agreeing to safety and transparency measures
Apple Smartphone Sales In China Drop 6.7 Percent, Canalys Finds
China woes. Apple's China smartphone shipments decline during the second quarter, dropping it down into sixth place in that market
Meta Refuses EU Release Of Multimodal Llama AI Model
Mark Zuckerberg firm says European regulatory environment too ‘unpredictable’, so will not release multimodal Llama AI Model in region
Apple Shares Reach All-Time High On AI Optimism
Apple shares surge after Morgan Stanley rates company 'top pick' over AI plans and says it could sell nearly 500 devices in next two years
Smartphone Market Recovery Heading For ‘Slow, Steady Growth’
Global smartphone market shows growth for third consecutive quarter as it recovers from weakest year in a decade, Counterpoint finds
India Regulator Finds Apple App Store Breaches Competition Law
India competition regulator finds Apple App Store in breach of law over lack of third-party payment options
EU Accepts Apple’s Legal Commitments To Open NFC Access
Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators
Microsoft, Apple Drop OpenAI’s Board Seats Amid Antitrust Probe
Antitrust manoeuvring? Both Apple and Microsoft drop their respective observer seats on OpenAI's board of directors
Apple To Gain Observer Role On OpenAI’s Board – Report
Apple executive Phil Schiller reportedly will have observer role on OpenAI’s board as part of landmark AI agreement
India Investigates After Report Claims Apple Supplier ‘Excluded Married Women’
Indian government investigates after report claims Apple iPhone supplier Foxconn 'systematically' excludes married women
EU Finds Apple In Breach Of DMA Competition Rules
European Commission finds Apple in breach of DMA competition rules in first decision under new competition law targeting tech 'gatekeepers'
Apple Delays AI Features In EU Over DMA Rules
Apple to delay launch of AI and two other new features in EU, arguing new competition rules pose privacy and security risks
Nvidia Cedes Top Market Spot To Microsoft
Nvidia cedes title of most valuable US listed company back to Microsoft as Apple regains No. 2 spot amidst continued AI frenzy
Apple Drops ‘Buy Now, Pay Later’ Service
Apple sunsets its buy now, pay later service known as 'Apple Pay Later', and will rely on established third-party players
Apple, Meta Likely To Face EU Antitrust Charges
Apple, Facebook parent Meta reportedly likely to face EU antitrust charges before August under new Digital Markets Act rules
Apple Briefly Overtakes Microsoft For Market Crown On AI Plans
Apple AI announcements triggers three-day rally that sees market value briefly overtake Microsoft for most valuable listed US firm
Japan Passes Law To Allow Third Party App Stores, Payments
Copy of EU's DMA? Japan passes law that will require Apple and Google to open up their respective ecosystems
Elon Musk Drops OpenAI Lawsuit, Threatens Apple Ban
Surprising twist by Elon Musk after he ditches lawsuit against OpenAI, and also threatens to ban Apple devices over ChatGPT move
Apple Brings ChatGPT To iPhones, Macs In AI Push
Apple launches 'Apple Intelligence' AI strategy across devices, including tie-up with OpenAI's ChatGPT amidst heavy competition
Nvidia Value Nears Apple As Shares Surge
News of xAI's $6bn funding round and plans for Nvidia-powered supercomputer extend rally of Nvidia stock as AI frenzy continues
Apple Appeals Against EU’s $2bn Music Streaming Fine
Appeal begins appeal against European Commission's €1.84bn fine over Apple's alleged ‘anti-competitive’ music streaming restrictions