Apple shares fell on Sept. 28, after the company dropped its plans to increase production of its new iPhone 14 this year due to suddenly reduced demand. According to an article in Bloomberg the day before, Apple executives admitted that the electronics giant had overestimated consumer demand for its new iPhone 14 model this holiday season….
Stock Futures Fall After Apple Drops Plans To Boost iPhone Production Due To Lack Of Demand
Apple Drops Russia’s Largest Social Media Network From App Store
Apple Inc. has removed VKontakte, a popular social networking application in Russia, according to a statement from VK, the company behind the platform. What Happened The statement, first noted on The Verge, said that some VK applications were blocked by Apple and unavailable to download and update on the App Store. The statement said that…
US Lawmakers Raise Concerns Over Apple’s Plan to Use Chinese Memory Chips
Some U.S. senators have urged the intelligence community to review the risks of a possible deal between Apple and a state-owned Chinese chipmaker, citing threats to privacy and national security. Sen. Marco Rubio (R-FL) and Sen. Mark Warner (D-VA), Senate Intelligence Committee vice chairman, wrote to Director of National Intelligence Avril Haines following reports that…
Apple Will Sponsor Super Bowl Halftime Show Starting in February
The National Football League has reached a multiyear deal with Apple Music to sponsor the Super Bowl Halftime Show, beginning with the American football championship game in February 2023, the league said on Thursday. The Super Bowl is usually the most watched television event of the year in the United States, and the halftime show…
Apple May Move a Quarter of iPhone Production to India by 2025: JPM
Apple Inc. may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country. The brokerage expects Apple to move about 5 percent of iPhone 14 production from late 2022…
Apple Helps Taiwan Export Orders Resume Growth in August, Outlook Mixed
TAIPEI—Taiwan’s export orders unexpectedly expanded in August on strong demand for technology and new consumer electronics product launches like iPhones even as the island’s largest market China faced continued headwinds. But the government said the outlook was mixed due to a series of uncertainties including high global inflation, increasing geopolitical risks and new COVID-19 strains….
Apple to Raise App Store Prices in Some Countries in Europe, Asia
Apple Inc. said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month in all of the euro zone and some countries in Asia and South America. The new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Apple said in a blog post….
US Should Put Aside Differences With Big Tech to Take on Beijing: Senator
September 14, 2022
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AmericasappleAsia & PacificAustraliaBig TechBig Tech, Censorship, and SocialismBusiness & MarketsChinaCompaniesFeatured TopicsGoogleHuaweiIntelInternationalInternational RelationsJames PatersonMedia & Big TechmicrosoftNational SecurityPolicies & ImpactsSpecial TopicsTechTech CompetitionTech NewstechnologyUSUS NewsUS-China relationsWorld
The U.S. government needs to bury the hatchet with Big Tech and harvest the innovation of firms like Google, Apple, and Facebook so that the West can better compete with Beijing’s rapid technological advancements, according to a visiting Australian senator. Senator James Paterson, of the centre-right Liberal Party and now-shadow minister for foreign interference, said…
Google, Apple Facing Anti-Competitive Complaint in Mexico
MEXICO CITY—Apple and Alphabet’s Google are facing a probe over anti-competitive practices in Mexico after the country’s former telecommunications chief filed a complaint, he said in a statement on Twitter on Friday. The complaint was brought to Mexico’s telecommunications regulator IFT yesterday by Mony de Swaan Addati, who once headed the former telecommunications federation that…
Elon Musk Hints at Potential Apple–Spacex Partnership for iPhone 14 Satellite Feature
Tesla Inc. and SpaceX CEO Elon Musk said he’s had some “promising conversations” with Apple Inc. over Starlink connectivity. The billionaire entrepreneur said on Twitter Thursday that the iPhone team is obviously “super smart.” “For sure, closing link from space to phone will work best if phone software & hardware adapt to space-based signals vs…
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