Tag: Apple Inc.

Apple and Disney at Heart of US-China Selective Decoupling, Gallagher Says
9Apr By adminNo Comments
Technology

Apple and Disney at Heart of US-China Selective Decoupling, Gallagher Says

[ad_1] Apple Inc. and Walt-Disney Co. are among US businesses that will face the steepest challenges in a “selective decoupling” from China, a key lawmaker said after a series of meetings with executives and experts in Hollywood and Silicon Valley this week.Representative Mike Gallagher, the chairman of a House committee focused on US-China competition, met with Apple Chief Executive Officer Tim Cook and Disney CEO Bob Iger as part of a three-day trip through California to learn more about how companies are navigating the tensions between the world's two largest economies. “Apple's at the heart of what is the most complex aspect of this competition, which is companies that have a massive presence in China are going have to deal with the fact that some form of selective economic decoupli...
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50 US govt employees hit with spyware
28Mar By adminNo Comments
Technology

50 US govt employees hit with spyware

[ad_1]  At least 50 U.S. government staffers stationed in 10 countries were targeted with commercial hacking tools, commonly known as spyware, according to a senior administration official, highlighting the growing threat caused by offensive cyber vendors and prompting the White House to introduce rules to hinder the spying.U.S. President Joseph Biden will sign an executive order on Monday intended to curb the malicious use of digital spy tools around the globe, which target U.S. personnel and civil society. While it has not been previously reported that so many U.S. government staff were targeted in this way, in 2021 Reuters reported that Apple Inc iPhones of at least nine U.S. State Department employees were targeted by an unknown assailant using sophisticated spyware developed by an ...
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Farmers Are Fighting for Our Right to Repair Our iPhones
28Mar By adminNo Comments
Technology

Farmers Are Fighting for Our Right to Repair Our iPhones

[ad_1] The average Tesla-driving, iPhone-using suburbanite isn't spending a lot of time worrying about tractor software payloads. They should, though.Fixing a broken-down farm tractor used to take just a wrench set and some elbow grease. Now repairs might require a mobile-device interface, online diagnostic tools and secure software updates, too. And that stuff isn't just sitting around in the barn. It's mostly held at a shrinking number of manufacturer-authorized dealerships. As a result, simple breakdowns that in the past might have been repaired in hours can now take days or weeks. During busy times, such as spring planting, long delays can harm a farm's crops and profitability. This spring, at least 11 states are trying to fix this problem. At least one — Colorado — will likely succ...
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Apple Sued by Ex-Patent Attorney Over Discrimination, Harassment
29Dec By adminNo Comments
Technology

Apple Sued by Ex-Patent Attorney Over Discrimination, Harassment

[ad_1] A former top Apple Inc. patent attorney says she was unlawfully fired by the iPhone maker after complaining about being abused by a male colleague, including receiving death threats, with whom she was romantically involved. A former top Apple Inc. patent attorney says she was unlawfully fired by the iPhone maker after complaining about being abused by a male colleague, including receiving death threats, with whom she was romantically involved. Jayna Richardson Whitt sued Apple in California claiming the company retaliated against her after it became aware of her “domestic abuse victim status” by denying her opportunities for higher-level positions and thwarting her career growth. She's seeking unspecified compensation for economic losses and emotional distress. Apple didn'...
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From Amazon’s Freeze to Lyft’s Layoffs, Tech Firms Brace for Tough Times
4Nov By adminNo Comments
Technology

From Amazon’s Freeze to Lyft’s Layoffs, Tech Firms Brace for Tough Times

[ad_1] Tech companies are once again tapping the brakes on hiring as they contend with sluggish consumer spending, higher interest rates and the impact of a strong dollar overseas. Tech companies are once again tapping the brakes on hiring as they contend with sluggish consumer spending, higher interest rates and the impact of a strong dollar overseas. Amazon.com Inc. said Thursday that it would pause adding new corporate workers, citing an “uncertain” economy and its hiring boom in recent years. Lyft Inc., the ride-hailing company, is going further: It will eliminate 13% of staff, or around 683 people. Twitter Inc.'s cutbacks are under particular scrutiny as new owner Elon Musk shakes up the social-networking business and pares roughly half its jobs. Tech companies made moves ...
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Apple iPhone Is Lone Bright Spot in Gloomy Quarter for Smartphones
28Oct By adminNo Comments
Technology

Apple iPhone Is Lone Bright Spot in Gloomy Quarter for Smartphones

[ad_1] Apple Inc. was alone among the world’s top five smartphone vendors to register growth in the third quarter this year. Apple Inc. was alone among the world's top five smartphone vendors to register growth in the third quarter this year as the mobile market suffered a double-digit decline. Global leader Samsung Electronics Co. slumped 8% to 64 million units in the three months ended September, while Chinese vendors Oppo and Vivo were each down at least 20%, according to the latest data from Canalys and Counterpoint researchers. Weak demand in China, which Samsung called out as a major drag on its sales of phone components this week, has weighed on the industry this year. Xiaomi Corp. weathered the hit better than its compatriots because of its wider international presence, t...
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Apple iPhone, Laptops Dominance at Risk?
30Sep By adminNo Comments
Technology

Apple iPhone, Laptops Dominance at Risk?

[ad_1] Apple Inc. fell after suffering a rare downgrade as Bank of America warned of weaker consumer demand. Apple Inc. fell after suffering a rare downgrade as Bank of America warned of weaker consumer demand for its popular smartphones and laptops.The world's most valuable company has proved a haven for investors this year, outperforming fellow mega-caps and the wider tech gauge amid a steep selloff driven by recession fears. The $2.4 trillion company has fallen only 16% in 2022, compared to the near 30% declines for the Nasdaq 100 and the S&P 500 Information Technology Index. But Apple's dominance is at risk, at least for now, BofA warned. With consumer spending expected to cool across regions, BofA analysts led by Wam...
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Apple worsens selloff over iPhone 14 U-turn
28Sep By adminNo Comments
Technology

Apple worsens selloff over iPhone 14 U-turn

[ad_1] Apple had told its suppliers to curtail efforts to increase the assembly of its iPhone 14 lineup. Apple Inc shares fell 4% in premarket trading on Wednesday and piled pressure on other growth stocks following a report that the tech giant was dropping its plans to boost production of the latest model of its flagship iPhone. Bloomberg earlier reported that Apple had told its suppliers to curtail efforts to increase the assembly of its iPhone 14 lineup by as many as 6 million units in the second half of the year on disappointing demand. Shares of the world's most valuable public company fell to $145.89 and were on track to open at a two-month low. Other growth stocks including Microsoft Corp, Amazon. com, Google-pa...
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Apple Should Break Out of Its Comfort Zone With Bold M&A
27Sep By adminNo Comments
Technology

Apple Should Break Out of Its Comfort Zone With Bold M&A

[ad_1] With a sluggish product pipeline and an enormous cash hoard, it might be time for a deal. Apple Inc., the iconic company whose products have transformed daily life, has done what was once unthinkable: It has become humdrum. On Thursday, Apple reported revenue of $124 billion for the December quarter, beating the $119 billion median estimate of analysts surveyed by Bloomberg. Net profit for the quarter also came in above the consensus. Yet underneath those solid results are hints of stagnation. Growth is slowing markedly. Sales growth decelerated from a 29% year-over-year jump in the three months ended in September to 11% for the December period. On the earnings call, Apple told investors to expect a further softening i...
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Apple App Store Price Set To Be Hiked From Europe to Asia Next Month
20Sep By adminNo Comments
Technology

Apple App Store Price Set To Be Hiked From Europe to Asia Next Month

[ad_1] Apple Inc. unveiled major increases to its price tiers on apps and in-app purchases from Europe to Asia Apple Inc. unveiled major increases to its price tiers on apps and in-app purchases from Europe to Asia, protecting its margins as major currencies tumble against the US dollar. Customers in nations that use the euro as well as those in Sweden, Japan, South Korea, Chile, Egypt, Malaysia, Pakistan and Vietnam will all see price hikes as early as Oct. 5, the company said in a message to developers. The move in Vietnam also reflects new local regulations around tax collection, Apple said, without elaborating on why it's raising prices elsewhere. The strong dollar may be a key driver. In Japan, prices are rising by ...
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