Page 8 - Apple Inc

Nvidia becomes first chip firm to hit $3 trn in mkt value, overtakes Apple

The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released. At the time, both companies were worth less than $10 billion each

Apple signals that it's working on TV, sports app for android phones

Apple has long sought to put TV+ on as many platforms as possible and already offers apps for smart TVs, Roku, Amazon streaming devices and game consoles

AI Chipmaker Nvidia's market value at $2.8 trn, surges closer to Apple

Its stock surged as much as 8 per cent to $1,149.39 during the session, an intra-day record high. Apple's stock was down 0.2 per cent in afternoon trading

Can Google make India a hub for mobile phone assembly like Apple?

Apple Inc sold more than 7.5 million iPhones in India last year, according to estimates

Apple taps Bank of America veteran Cynthia Bowman as new diversity chief

Bowman left Bank of America Corp. earlier this year after a 17-year career there

Apple fights 1.8 billion euro EU antitrust fine for restrictions on Spotify

The EU's crackdown on Apple also included an order to stop preventing music-streaming apps from informing users of cheaper deals away from its App Store

Apple supplier Foxconn among firms asked to cut power use in Vietnam

The request to Foxconn was an encouragement, not a requirement and has not had any impact on production, one of the people said

Apple's 27% App Store fee an attempt to comply with law, senior exec says

Carson Oliver, senior director for business management for the App Store, testified that Apple hired economic consulting firm Analysis Group Inc. to help create a new commission rate for purchases

Apple says it blocked over $1.8bn fraudulent App Store transactions in 2023

In its fourth annual fraud prevention analysis published on May 14, Apple stated that it had terminated around 374 million developers and customer accounts last year over security concerns

Apple supplier Foxconn's Q1 net profit jumps 72% but misses forecasts

While the profit missed the T$29.31 billion forecast by analysts, it was Foxconn's third consecutive quarterly profit rise

Apple closes in on agreement with OpenAI to put ChatGPT on iPhone

An OpenAI accord would let Apple offer a popular chatbot as part of a flurry of new AI features that it's planning to announce next month

Southeast Asia fast emerging as centre of gravity for tech industry

After decades of playing second fiddle to China and Japan, the region of about 675 million people is drawing more tech investment than ever

Apple apologises for its latest iPad Pro ad, scraps plan to air it on TV

Others said the advertisement didn't bode well for Apple in the age of artificial intelligence and as regulators look to break up key properties like the App Store

Apple interrogation of NYC worker about union drive illegal: US labor board

The Democrat-controlled board also affirmed the judge's ruling that Apple illegally barred workers at the World Trade Center store from distributing union flyers

Apple working on homegrown chips to run AI tools for data centers

Apple has been playing catch-up with its tech peers in generative AI, the technology underpinning chatbots and other popular new tools

Google made payments worth $20 bn to Apple in 2022, court documents show

The deal between the two tech giants is at the heart of the landmark case, in which antitrust enforcers allege Google has illegally monopolised the market for online search and related advertising

In electronics exports, Tamil Nadu jumps to top on Apple's India push

This accounts for around 33 per cent of the total exports of the country, surpassing a $9 billion target set by the state a few months ago

Apple Inc aims to invest over $240 mn to expand its Singapore campus

Apple opened its first facility in Singapore in 1981 with 72 employees focused on Apple II, its early personal computer

Apple CEO Tim Cook wants to spend more on suppliers in Vietnam: Report

Cook arrived in Hanoi on Monday for the two-day visit during which he met suppliers, students, content creators and users of Apple products

Apple drops term 'state-sponsored' attacks from threat notification policy

Apple's removal of the term "state-sponsored" from its description of threat notifications comes after it repeatedly faced pressure from the Indian government on linking such breaches to state actors