Tag: Apple Inc.

Big Tech App Stores Focus of EU Digital Crackdown, Vestager Says
Technology

Big Tech App Stores Focus of EU Digital Crackdown, Vestager Says

[ad_1] The European Union's sweeping new law to rein in potential market abuse from the world's biggest tech firms will first focus on sorting out app stores, the bloc's competition chief Margrethe Vestager said. Just days before the Digital Markets Act comes into force Vestager said in an interview with Bloomberg TV that she's most concerned about smaller app stores being given fair access to operating systems run by companies that dominate the market like the likes of Apple Inc., Alphabet Inc.'s Google, and Microsoft Corp. “I think it's important for instance that you can have more than one app store on your phone,” Vestager said. “In any other circumstance, if you don't like one shop, you can go into another one.”  Under the DMA, firms face a slew of new restrictions across operating...
Sold Out! Apple Vision Pro deliveries delayed to March in sign of early demand
Technology

Sold Out! Apple Vision Pro deliveries delayed to March in sign of early demand

[ad_1] Apple Inc.'s long-awaited Vision Pro mixed-reality headset finally became available for preorders on Friday, giving the company its first real taste of consumer demand for the $3,499 device. With the launch, the company disclosed two additional configurations: a version with 512 gigabytes of storage for $3,699, and a top-end model with 1 terabyte of space for $3,899. The base model includes 256 gigabytes of storage. The company also said it would sell a carrying case for $199 and additional batteries for $199, while extra bands will cost $99 a piece.  The product went on sale at 8 a.m. Eastern time on Apple's website and mobile app. The first Vision Pro orders are scheduled to be delivered to stores and consumers on Feb. 2. But delivery dates for all three models quickly slipped ...
OpenAI delays launch of online store for custom chatbots
Technology

OpenAI delays launch of online store for custom chatbots

[ad_1] OpenAI is delaying the launch of an online store for people to interact with an array of chatbots customized by its users, citing the interruption caused by the ousting and reinstatement of Chief Executive Officer Sam Altman.  OpenAI shared the news in an email Thursday to people who have been building GPTs, its term for the customizable versions of its popular ChatGPT chatbot. The company said it plans to roll out its GPT Store in early 2024, rather than in late 2023 as it had initially planned. “While we had expected to release it this month, a few unexpected things have been keeping us busy!” the email said. San Francisco-based OpenAI announced on Nov. 6, at its first developer conference, that users could start building custom versions of ChatGPT without needing to learn an...
Apple loses fight to thwart UK antitrust watchdog’s mobile probe
Technology

Apple loses fight to thwart UK antitrust watchdog’s mobile probe

[ad_1] Apple Inc. faces a revived full-blown probe into its dominance in mobile browsers and cloud gaming after London judges reversed a decision to block the investigation. The Competition and Markets Authority acted lawfully when it ordered a market investigation into the iPhone maker, judges at London's Court of Appeal ruled on Thursday. They said the antitrust tribunal's decision to overturn it would have had “serious consequences” for the UK agency's powers. The regulator was fighting against a Competition Appeal Tribunal decision in March that ordered a halt to its market investigation into the US firm's market power. Apple had argued that the CMA didn't follow procedural rules on timings, rendering the probe invalid. “We launched this investigation over a year ago in order to mak...
iPhone Maker Hon Hai Plans $1.6 Billion in India Expansion Bid
Technology

iPhone Maker Hon Hai Plans $1.6 Billion in India Expansion Bid

[ad_1] IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.The announcement, made in an exchange filing in Taiwan late Monday, didn't give any further details, saying only that the investment was for “operational needs.” A spokesperson for the company declined to say where the new facilities would be or what they would build.  The news comes as Hon Hai, also known as Foxconn, and other Taiwanese electronics manufacturers continue to diversify their businesses outside of China as tensions rise between Washington and Beijing. About half of Foxconn's revenue comes from business with Apple Inc. The company has been making iPhones and other products in India for several years, includ...
Bill Ackman defends Elon Musk after backlash over antisemitism
Technology

Bill Ackman defends Elon Musk after backlash over antisemitism

[ad_1] Hedge fund manager Bill Ackman defended Elon Musk after major advertisers pulled ads from social media site X over antisemitic commentary. Musk received backlash after he agreed with a post that said Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” the billionaire owner of X posted on Wednesday.  That prompted criticism from the White House and shareholders of Tesla Inc., Musk's only publicly traded company, with some investors saying he should be suspended from his position as chief of the electric carmaker. Advertisers from Apple Inc. to Walt Disney Co. have also suspended or halted spending on X.  Ackman, who is chief executive officer of Pershing Square Capital Management, is worth roughly $2.2 billion, according to Bloomberg's Bill...
Apple Co-Founder Steve Wozniak Hospitalized in Mexico, TMZ Says
Technology

Apple Co-Founder Steve Wozniak Hospitalized in Mexico, TMZ Says

[ad_1] Apple Inc. co-founder Steve Wozniak was hospitalized in Mexico City after taking ill with vertigo-like symptoms, the celebrity news site TMZ reported. Wozniak, who left Apple in 1985, suffered the symptoms after giving a speech at the World Business Forum, TMZ said.  People from Wozniak's team are flying to the area on a private jet to check on him and see if he needs to be brought to the US for further treatment, the website reported.  Representatives for Wozniak, 73, didn't immediately respond to a request for comment from Bloomberg News. Wozniak, known as Woz, co-founded Apple with Steve Jobs in 1976. Since leaving the company, he has remained an active entrepreneur and philanthropist.   [ad_2] Source link
Spotify offers 15 hours of audiobooks to UK, Australia premium subscribers
Technology

Spotify offers 15 hours of audiobooks to UK, Australia premium subscribers

[ad_1] Spotify Technology SA is giving its premium subscribers in the UK and Australia 15 free hours of audiobook listening per month in a broader push into that market.The offering, which Bloomberg News previously reported was in the works, starts on Tuesday. US-based subscribers will receive the free hours this winter. More than 150,000 titles will be included from five big book publishers. Users can purchase 10 additional hours for $11 a month in the US, or £10 in the UK. For members on family plans, only the main account holder will receive the included hours. Free users will only be able to purchase individual audiobook titles a la carte. Spotify's main audiobooks competitor, Amazon.com Inc.'s Audible, offers one bestseller or new release per month, in addition to a selection of ad...
OpenAI Gives ChatGPT the Ability to Speak in Five Different Voices
Technology

OpenAI Gives ChatGPT the Ability to Speak in Five Different Voices

[ad_1] Artificial intelligence startup OpenAI is rolling out a feature for its ChatGPT app that lets the chatbot respond to spoken questions and commands with speech of its own. Starting over the next two weeks, users will be able to choose a voice in the chatbot app, picking from five personas with names like “Juniper,” “Breeze” and “Ember.” ChatGPT will then produce audio of the text it generates in that voice — for example, reading an AI-generated bedtime story out loud. The feature will be available to people who subscribe to OpenAI's $20-per-month ChatGPT Plus service and enterprise users.OpenAI released its ChatGPT app in May, and already offers a voice-to-text capability that lets users talk to the bot. Adding an audio response feature could create a sense that people are having ...
iPhone production halted after fire breaks out in Pegatron plant near Chennai
Technology

iPhone production halted after fire breaks out in Pegatron plant near Chennai

[ad_1] Pegatron, an Apple iPhone manufacturer, on Monday suspended iPhone assembly at its facility near Chennai, Tamil Nadu, due to a fire incident. The incident happened on Sunday night, three sources told Reuters. Pegatron, a Taiwanese firm, called off all shifts for the day at the factory. Workers are yet to be informed whether the facility will function on Tuesday. Pegatron in a statement told Reuters that "there was a spark incident" at the facility that is currently under control, and the incident "does not have significant financial or operational impact" for the company.Apple did not respond to a request for comment. That the fire was serious enough is clear from the fact that multiple fire engines from various stations had to be brought in to douse the fire, taking nearly five ...