Apple to delay launch of AI and two other new features in EU, arguing new competition rules pose privacy and security risks
TECHNOLOGY POWERING BUSINESS
News Apple
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
Apple Slashes iPhone Prices In China
Amid intense competition from Huawei and others, Apple has again slashed the price of its iPhone models in China
Apple Store Workers Vote To Strike Over Contract Talks Delay
Workers at unionised Apple store in Maryland vote to authorise first ever strike, after delays in bargaining for contracts
Apple Scraps TV Plans For ‘Crush’ Advert After Criticism
Apple scraps plans to commercially air iPad advert that showed musical instruments being violently crushed, after criticism
Apple ‘Let Loose’ Event Updates iPad Air, iPad Pro, Accessories
Updates arrive for two iPad models (iPad Air and iPad Pro) as well as some accessories, but puzzles still remain
Apple Shares Surge Ahead Of New AI Hardware Launches
Apple shares surge on optimism that new AI-focused hardware launches will drive renewed sales, starting with iPad event on Tuesday
Apple Announces Record Share Buyback, Amid iPhone Sales Decline
Investor appeasement? Apple unveils huge $110 billion share buyback program, as sales of iPhone decline in almost all global markets
EU Designates Apple’s iPad OS As DMA ‘Gatekeeper’
European Commission says Apple's iPadOS is 'gatekeeper' due to large number of businesses 'locked in' to platform by large app ecosystem
Apple iPhone Q1 Sales In China Fall 19 Percent, Says Counterpoint
Bad news for Tim Cook, as Counterpoint records 19 percent fall in iPhone sales in China during first three months of 2024
EU Set To Approve Apple Plan For Opening NFC Access
European Commission reportedly set to approve Apple proposal for providing rivals access to iPhone, iPad contactless tech
Apple Pulls WhatsApp, Threads From China App Store
Beijing orders Apple to pull Meta's WhatsApp and Threads from its Chinese App Store over national security concerns
Tim Cook Says Apple Considering Factory In Indonesia
CEO Tim Cook during visit to Jakarta says Apple will look into building a manufacturing facility in Indonesia
Apple Loses Smartphone Crown To Samsung Amidst China Pressure
Apple cedes top smartphone sales spot back to Samsung in first quarter as China sales see pressure from Huawei
Apple’s Tim Cook Visits Vietnam Amidst China Troubles
Apple chief Tim Cook visits Vietnam as company seeks to expand consumer sales, diversify manufacturing base away from China
Apple Nears Production Of AI-Focused M4 Chip
Apple to announce AI features at developer conference in June, followed by M4-powered Macs in late 2024 and throughout next year
UK Regulator Flags Competition Risks Of AI Foundation Models
British competition regulator has “real concerns” regarding AI foundation models controlled by small number of firms
Apple Staff At New Jersey Store Seek To Unionise
Union push. Workers at another Apple Store in the United States have reportedly filed for trade union representation
Apple Doubles iPhone Production In India – Report
Apple now reportedly assembles about 1 in 7 of its iPhones in India, suggesting an accelerating shift from China
PC Shipments Return To Pre-Pandemic Levels In First Quarter
PC shipments return nearly to levels of 2019 following post-pandemic slump as users flock to AI PCs, start replacing Covid-19-era purchases
EU Assessing Apple Compliance Plan That Provoked Anger
Commission evaluating proposed Apple plan that allows developers to provide information on alternative payments, but keeps fees in place
Apple Axes 600 Staff In First Layoffs Since Pandemic
Hundreds of Apple staff are to be handed their marching orders, reportedly centred on cancelled self-driving EV project