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Game Over for Apple? U.S. Sues Apple Calling for a Monopoly

Ah, the tech world - never a dull moment, especially when giants like Apple find themselves in the hot seat. In what could be likened to a plot twist in a tech thriller, the U.S. Department of Justice, backed by a squad of 15 states, has thrown down the gauntlet, suing Apple over what they're calling an illegal monopoly in the smartphone market.

Mar 21, 2024 1:24 PM EDT

Apple's EV Failure: The AI Love Affair Begins

Apple's shift presents both opportunities and challenges. On one hand, it could open up new revenue streams and boost Apple's long-term growth prospects. On the other hand, it's a significant strategic change that could involve risks.

Mar 05, 2024 1:12 PM EST

Apple Fined Billions by EU for Antitrust Violations in Music Streaming Market

Apple was fined almost $2 billion by the European Union on Monday for violating the bloc's competition regulations by preferring its own music streaming service over rivals'. This was the EU's first antitrust penalty against the American tech giant.

Mar 05, 2024 4:50 AM EST

4 Cars Owners Regret: Teslas, Sports Cars, and More

That's the problem with cars these days like Tesla and the Apple Car. They just don't make them to last. With all this new technology, it's just a bunch of computers on wheels. You're lucky if your new car lasts 100,000 miles without a major issue.

Feb 23, 2024 3:30 PM EST

A Closer Look at Apple's Vision Pro: The Future of Spatial Computing

Mark Zuckerberg recently voiced his thoughts about the Apple Vision Pro... In a recent turn of events, Mark Zuckerberg, the CEO of Meta, has voiced his thoughts on Apple's new mixed reality headset, Vision Pro.

Feb 14, 2024 11:11 AM EST

Can Apple's 4.5% APY Beat Your Bank?

A lot of consumers went to savings accounts last spring to assist offset growing borrowing expenses in the face of high (and rising) interest rates. You were probably going to make far more money if you opened a high-yield savings account or certificate of deposit (CD) than if you had just kept your money in a conventional savings account, which still has an annual percentage rate (APY) of less than 0.50%. The electronics company Apple and its high-yield savings account for eligible Apple Care members attracted a lot of depositors during this period.

Jan 31, 2024 10:47 AM EST

Apple Fights for Watch Future as US Ban Looms Large

In response to a complaint from the medical monitoring technology firm Masimo, Apple on Tuesday challenged a decision to prohibit imports of its watches after U.S. The administration of President Joe Biden chose not to veto a federal tribunal.

Dec 27, 2023 3:03 AM EST

Goldman Sachs Struggles to Exit Apple Credit Card Partnership

Four years after launching a credit card with Apple, Goldman Sachs is facing an expensive exit from a collaboration that rival lenders perceive as too dangerous and unproductive.

Dec 19, 2023 4:58 AM EST

Apple and Goldman Sachs Face Uncertain Future in Credit Card Partnership

According to a source familiar with the situation, Apple has offered Goldman Sachs a proposal to sever its relationship for credit cards and savings accounts within the next 12 to 15 months.

Nov 29, 2023 8:48 AM EST

US Funds Shift Focus Away from China, Offloading Alibaba, Apple

Major U.S. funds are taking a more defensive stance in the face of uncertainty in the second-largest economy in the world by cutting holdings that expose them to China and concentrating more on American technology companies.

Nov 17, 2023 11:10 AM EST

Volkswagen Downplays Apple's Capacity to Enter Electric Vehicle Industry

Volkswagen's CEO Herbert Diess said he is not intimidated with Apple's plans for an electric car, mainly because he does not think Apple can manage the EV sector that easily.

Feb 15, 2021 1:26 AM EST

Tesla Bitcoin: What if Apple and Other S&P Companies All Invest in Crypto?

After the Tesla fiasco on bitcoin purchase, which other companies are going to follow their direction?

Feb 08, 2021 8:55 PM EST

Apple Releases iPhone 12 and iPhone 12 Pro

Apple Stock Fell Amid High Earnings; Facebook Shows Unexpected Increase

Both Apple and Facebook showed unexpected high earnings for the holiday quarter. On late Wednesday, January 27, consumer electronics giant Apple (AAPL) surpassed its Wall Street's targets for the holiday quarter.

Jan 27, 2021 9:44 PM EST

Elon Musk Thinking to Start Parent Company to Manage Tesla, SpaceX, Neuralink, Boring

Elon Musk Plans to Start New Company? Here's What it Does

A Tesla investor, suggested to Elon Musk to build a parent company that will hold his multiple companies. Musk is more likely to be intrigued.

Dec 24, 2020 7:27 AM EST

Report: Apple Car is on Fast Track, Will Debut in 2021

Apple Car in 2021? Which Features Will be Included

The long-rumored Apple electric vehicle runs at least two years ahead of its release and allegedly will be released in the third quarter of 2021.

Dec 21, 2020 9:35 PM EST

Apple, Facebook join augmented reality glasses race; tech groups bet it could replace smartphone

Apple and Facebook are going up against start-up company Magic Leap and Microsoft's HoloLens in developing a pair of augmented reality glasses that could one day replace the smartphone as the primary computing device for consumers.

Mar 28, 2017 9:25 AM EDT

Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.

Mar 27, 2017 12:26 PM EDT

Apple found guilty of price-fixing practices in Russia, regulator says

Tech giant Apple is found guilty of fixing the price of iPhones in Russia for several years. Tech giant Apple is found guilty of fixing the price of iPhones in Russia for several years.

Mar 15, 2017 6:05 AM EDT

Mark Zuckerberg Supports Apple, Strongly Opposes Creating Backdoors For Law Enforcers

The US government has appeared in a row with Apple centering unlocking of encrypted data of an iPhone allegedly used by a terrorist. Apple opposes the demand citing creation of backdoors for the law enforcers, may lead to a potential abuse. Supporting Apple stand, Mark Zuckerberg has pledged playing due rolls in its fight while addressing in the Mobile World Congress on Monday.

Feb 24, 2016 9:18 AM EST

Battle of Smartphone Watches : Apple's Mickey Mouse vs Samsung's Snoopy

Samsung is gearing to do battle with Apple in the smartwatch market. Samsung unveiled two new colors for its new Gear S2 smartwatch namely, rose-gold and platinum. Designer Colombo working for Samsung has included classic characters from Snoopy to match Apple's Mickey Mouse.

Jan 12, 2016 7:07 AM EST

New Copy Right Levy Increases Prices of Apple Products in Germany

Apple Inc. has increased the prices of products in Germany, effecting from January 1, following a successful deal with German Trade Association, Bitkom and ZPÜ collecting societies in December 2015. The adopted policy is similar to those adopted by other European countries, but along with the creative intellectuals, the levy will be available for sharing with the porn film makers too.

Jan 04, 2016 4:13 AM EST