Apple CEO Tim Cook unveils new iPhone 11

Business 09/10/19, 17:13

Apple Chief Executive Officer Tim Cook on Tuesday in Cupertino, California, unveiled the iPhone 11 series that will be on the market on September 20. The new series will look like recent models, but will be equipped with improved cameras and new colors. Speaking at the press conference, Cook said, “Today, I ...

Is ‘Big Tech’ too big? A look at growing antitrust scrutiny

U.S. 06/04/19, 16:26

Is Big Tech headed for a big breakup?The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an unprecedented antitrust probe , promising "a top-to-bottom review of the market power ...

China has more weapons in US tariff war, but do they work?

Business 05/23/19, 01:56

Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths — exotic minerals used in electric cars, mobile phones and other technology. Rare earths are "an important strategic resource," the official Xinhua News ...

Chinese man guilty of defrauding Apple out of 1,500 iPhones

World 05/22/19, 18:27

Over the span of two years, a Chinese national in Oregon sent devices that looked like iPhones to Apple, saying they wouldn't turn on and should be replaced under warranty. He didn't just submit a couple of the devices -- he delivered in person or shipped to Apple around 3,000 ...

Judge rules Qualcomm violated antitrust law

Business 05/22/19, 08:17

Qualcomm's stock is tumbling before the opening bell after a federal judge ruled that the company unlawfully stifled cellphone chip market competition and charged excessive licensing fees.U.S. District Judge Lucy Koh in San Jose, California found Tuesday that Qualcomm violated antitrust law, charging high royalties and squeezing out rivals, according ...

Explains: US sanctions on Huawei bite, but who gets hurt?

U.S. 05/20/19, 17:11

Trump administration sanctions against Huawei have begun to bite even before their dimensions are fully understood. U.S. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices slump Monday, and Huawei faces decimated smartphone sales with the anticipated loss of Google's popular software and services. The U.S. ...

Apple revamps TV app for direct subscriptions to channels

Business 05/13/19, 12:28

Apple users will be able to subscribe to HBO, Showtime and a handful of other channels directly through Apple's new TV app, bypassing the need to download or launch a separate app.The new capabilities available Monday come ahead of Apple's plan to offer its own original shows, including ones from ...

Supreme Court allows lawsuit over iPhone apps

Business 05/13/19, 11:03

A divided Supreme Court ruled Monday that consumers can pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. New Justice Brett Kavanaugh joined the court's four liberals in rejecting a plea from Cupertino, California-based Apple to end the lawsuit over the 30% ...

Apple, Qualcomm settle bitter dispute over iPhone technology

Business 04/16/19, 15:23

Apple and mobile chip maker Qualcomm have settled a bitter financial dispute centered on some of the technology that enables iPhones to connect to the internet.The surprise truce announced Tuesday came just as the former allies turned antagonists were facing off in a federal court trial that was supposed to ...

Apple’s foray into video shows limits to tech growth

Business 03/27/19, 09:59

Apple's latest move into streaming video illustrates an escalating trend: Tech's biggest companies, faced with limits to their growth, are encroaching on each other's turf.Apple is taking on Netflix. Facebook is edging into Amazon's sphere with its e-commerce plans. Google, which has already challenged Amazon and Microsoft in cloud computing, ...

Apple facing US import ban on some iPhones in tech dispute

Tech 03/26/19, 16:22

A trade court judge will recommend banning some iPhones from being imported into the U.S. after concluding Apple's best-selling device infringed on technology owned by mobile chip maker Qualcomm.The U.S. Trade International Trade Commission decision is the latest twist in a bitter legal dispute between Qualcomm and Apple over the ...

Apple tries to take a bite out of credit card industry

Business 03/26/19, 15:00

Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up?It looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The ...

Technology companies, banks power US stocks solidly higher

Business 03/26/19, 09:24

Stocks rose broadly in early trading Tuesday on Wall Street, erasing the market's modest losses from a day earlier.Technology companies powered the rally, with chipmakers among the biggest gainers. Nvidia rose 3.7 percent and Advanced Micro Devices added 2.3 percent.Banks also notched solid gains as bond prices headed lower, sending ...

China ex-internet czar sentenced to 14 years for corruption

Business 03/26/19, 05:47

China's former internet censor, who once held high-profile meetings with industry leaders such as Apple CEO Tim Cook and Facebook founder Mark Zuckerberg, was sentenced to 14 years in prison on corruption charges Tuesday.The Intermediate People's Court in the eastern city of Ningbo said Lu Wei had confessed to accepting ...

The good, bad and the unknown of Apple’s new services

Entertainment 03/26/19, 02:33

It took a while, but finally — and with the carefully curated help of Oprah, Big Bird and Goldman Sachs — Apple has at last unveiled a new streaming TV service, its own branded credit card and a news subscription product.The moves have been largely expected and so far don't ...

Apple’s news subscription service a mixed bag for publishers

Business 03/26/19, 02:05

On Monday, Apple launched what some have called a "Netflix for news" — a $10-a-month subscription service that offers access to hundreds of magazines and a handful of newspapers. But most major U.S. news publishers aren't participating. For Apple, pushing into services could help drum up money as sales of its ...

Apple highlights privacy in new services in jab at rivals

U.S. 03/25/19, 17:18

Apple says its services respect your digital boundaries — and it wants you to know it.The company took several opportunities Monday to emphasize user privacy — and indirectly take a jab at rivals — at its splashy, celebrity-laden event in Cupertino, California.Apple announced a new streaming TV service, a paid ...

Oprah, Spielberg help Apple launch new streaming service

Business 03/25/19, 16:49

Apple trotted out few details on its long-awaiting streaming service on Monday, but it didn't skimp on high-wattage celebrity.Oprah Winfrey, Steven Spielberg and Jennifer Aniston were part of a parade of A-listers who took the stage at Apple headquarters in Cupertino, California, where the main attractions are usually the company's ...

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