The fine is expected to be around $539 million. Ahead of the expected fine, Apple has revealed new details about Spotify’s business…
Tag: Apple
Apple pulls Pray.com app from App Store in China
The Pray.com app is being removed from the Apple App Store in mainland China. Pray.com is the world’s No.1 app for daily prayer and Bible…
Apple and the rest of ‘The Magnificent Seven’ dominate the S&P 500
The U.S. stock market is nearly the most concentrated it has ever been – the only exception being the late 1920s (gulp) – with the top five…
Epic Games whines over Apple’s demand for $73 million in legal fees
“Fortnite” maker Epic Games is complaining to a U.S. judge that Apple “completely overreached” in demanding that it pay legal fees totaling…
U.S. Supreme Court declines to review Apple’s win against $503 million VirnetX patent verdict
The U.S. Supreme Court on Tuesday declined to hear patent-licensing company VirnetX’s bid to revive a $502.8 million jury verdict it won…
Former Apple engineer who stole Project Titan trade secrets sentenced to 120 days in prison
Xiaolang Zhang, a former Apple engineer who pled guilty to stealing Project Titan trade secrets, was this week sentenced to 120 days…
Spain’s high court suspends $209 million fines on Apple, Amazon amid appeal
Spain’s high court has suspended 194 million euros ($209 million) in fines imposed on Apple and Amazon by the local antitrust watchdog…
‘Trying’ season four premieres May 22nd on Apple TV+
“Trying,” the heartwarming, critically acclaimed comedy starring BAFTA Award nominee Esther Smith and SAG Award nominee Rafe Spall…
Apple is No.1 on Fortune’s ‘World’s Most Admired Companies’ list
Apple is No. 1, Microsoft No. 2, and Amazon No. 3 on Fortune’s annual “World’s Most Admired Companies” list…
Norway wealth fund posts record $213 billion profit, driven by Apple, tech stocks
Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, reported on Tuesday a record profit of 2.22 trillion crowns…
Two years after Apple, Microsoft hits $3 trillion market value
Microsoft’s market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most…
Apple retakes title of world’s most valuable public company from Microsoft
Well, that didn’t take long. Apple passed Microsoft in Monday trading to reclaim the title of the world’s most valuable public company…
Apple poised to retake title of world’s most valuable company from Microsoft
Apple is poised to retake the title of the world’s most valuable company from Microsoft after ceding the mantle last week…
Apple becomes top volume seller of smartphones
With its seminal iPhone, Apple ended Samsung Electronics 12-year run as the largest volume seller of smartphones worldwide, commanding a…
Apple becomes the world’s biggest smartphone maker in 2023; iPhone grabs record high market share
A shift of power at the top of the smartphone market was driven by all-time high market share for Apple’s iPhone and a first time at the top…
Microsoft takes title of world’s most valuable public company from Apple
Microsoft passed Apple in Friday trading to reclaim the title of the world’s most valuable public company. Microsoft now has a valuation…
Microsoft surpasses Apple as world’s most valuable company
Microsoft overtook Apple as the world’s most valuable company on Thursday after Apple’s shares made a weak start to 2024 due to concerns;
iPhone owners get $92 payouts from Apple in throttling settlement
In yet another testament to the expediency of the U.S. judicial “system,” iPhone users had to submit claims in Apple’s iPhone thottling …
Apple challenges EU rules labeling its 5 App Stores as a single service
Apple is disputing EU tech rules labeling five of its App Stores as a single core platform service subject to onerous regulation, saying…
Microsoft poised to overtake Apple as world’s most valuable company
Microsoft is poised to retake the title of the world’s most valuable company from Apple after a bad start to the new year by the Mac-maker…
U.S. SEC: Apple cannot stop avoid shareholder votes regarding AI usage
Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the U.S. SEC…
Is 2024 the year Apple’s crippling dependence on China finally blows up?
Is 2024 the year Apple’s crippling dependence on China, a situation engineered by CEO Tim Cook, finally blows up?
Deepwater: Apple will acquire Peloton in 2024
Over the last seven years, Deepwater Asset Management has offered predictions for the year ahead. Here’s some of what they’re anticipating…
Apple’s iPhone design chief Tan Tang to work with Jony Ive, Sam Altman on AI devices
iPhone design executive Tang Tan is set to leave Apple in February to join Ive’s LoveFrom design studio, working on an AI project with…
Tokyo tightens grip on tech giants: Anti-monopoly law targets Apple, other app stores
Japan is flexing its regulatory muscles, drafting an anti-monopoly law aimed at reining in the domineering app store policies of Apple and…
Beleaguered Disney could look to Apple for a lifeline in 2024
Beleaguered Disney CEO Bob Iger is seeking a teammate for its sports network ESPN. Apple is expanding into soccer and baseball coverage…
Apple wants its AI to run on its hardware instead of in the cloud; faster with privacy
Apple’s latest research about running large language models on smartphones offers the clearest signal yet that the iPhone maker plans to…
Apple stock struggles to break through $200 psychological barrier
Apple stock is struggling to break through the $200 psychological barrier as it contends with potential bad news surrounding its…
Wedbush analyst Daniel Ives: ‘China remains ‘Rock of Gibraltar strong’ for Apple’
In a Monday note to clients, Wedbush Securities analyst Daniel Ives remains unshaken over a report of expanded CCP bans of foreign…
Apple’s stock splits: When will AAPL shares split again?
Apple’s stock has split five times since the company went public. The stock split on a 4-for-1 basis on August 28, 2020, a 7-for-1 basis…
Apple and Corellium settle four-year court battle
Apple and cyber startup Corellium are settling a copyright lawsuit after four years of court battles. Terms have not been disclosed…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit new all-time intraday and closing highs. Apple’s all-time intraday high was set on…
Apple shares hit new all-time intraday high
Apple in early trading Thursday rose $1.66 or 0.79% to high a new all time high of $199.62. Apple’s previous all-time intraday high of…
EU to force Apple to allow music services to offer alternative subscription options
Apple is set to be hit by a ban on its App Store rules that govern music-streaming rivals, allowing Spotify and others to offer alternative…
Foxconn to invest additional $1.7 billion in India, further diversifying out of China
Major Apple assembler Foxconn plans to invest an additional 139.11 billion rupees (US$1.67 billion) in India’s Karnataka state, the…
Google Play app store ruled an illegal monopoly; why Apple’s App Store is different
Google Play, Alphabet-subsidiary Google’s app store for Android, has been ruled an illegal monopoly. The jury in the Epic v. Google case…
Apple launches new Journal app for iPhone
Journal, a new iPhone app available as of Monday, helps users reflect and practice gratitude through journaling, which has been shown to…
Apple’s ex-corporate law chief avoids prison, sentenced to 4 years probation for insider trading
Gene Levoff, who was a senior director of corporate law in charge of enforcing Apple’s Insider Trading Policy, was aware of Apple financial…
Apple market value again tops $3 trillion
Apple on Tuesday is on pace to close at or above a $3 trillion market value for the first time since August 3rd. The first time Apple closed…
Major Apple assembler Foxconn raises Q4 outlook on strong year-end holiday sales
Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple assembler, on Tuesday raised its outlook for the fourth…
Paramount surges on report it’s in talks to bundle streaming service with Apple TV+
Paramount Global (PARA) shares jumped Friday following a report that suggested the group is in talks to bundle its content with Apple TV+…
Apple and Paramount discuss Apple TV+ and Paramount+ bundle
Apple and Paramount have discussed bundling their Apple TV+ and Parmount+ streaming services at a discount, The Wall Street Journal…
