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Apple Buys Mobile Startup Mobeewave For $100M To Enable Contactless Payments: Report
Monday, August 3, 2020 - 4:48am | 477Read More...Apple Inc. (NASDAQ: AAPL) has purchased contactless mobile payment startup Mobeewave Inc. for $100 milllion, according to a Bloomberg report late Friday. What Happened The Tim Cook-led company is reportedly retaining Mobeewave’s team, which will continue to operate out of its home base...
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Apple Wants 50% UK Store Rent Discounts In Line With Deals Offered To Other Retailers By Desperate Landlords
Monday, August 3, 2020 - 2:32am | 394Read More...Apple Inc (NASDAQ: AAPL) has told landlords in the United Kingdom it wants rent reductions to the tune of 50%, along with a rent-free period, the Times reported Sunday. What Happened: The discounts on rent are related to a portfolio of 38 properties in the U.K. and have reportedly caused...
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Apple Expects A Delay In iPhone 12 Series Launch
Friday, July 31, 2020 - 12:42am | 337Read More...Apple Inc. (NASDAQ: AAPL) Chief Financial Officer Luca Maestri signaled at the company’s earnings call Thursday that this year’s iPhone models, which are said to be 5G capable, might be delayed, CNBC reported. What Happened The Tim Cook-led company may not launch the next...
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Apple Faces Fresh EU Antitrust Complaint Filed By Messaging App Telegram
Thursday, July 30, 2020 - 4:05am | 483Read More...Apple Inc. (NASDAQ: AAPL) is facing a new antitrust complaint filed against it in the European Union — this time by messaging platform Telegram, the Financial Times reported Thursday. What Happened Telegram said that the Cupertino, California-based smartphone maker raised...
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Apple Offered Amazon Steep Discounts On App Store Fee To Lure Its Video Streaming App
Wednesday, July 29, 2020 - 11:50pm | 589Read More...Apple Inc. (NASDAQ: AAPL) offered fellow technology giant Amazon.com, Inc (NASDAQ: AMZN) a 50% lower cut on the subscription revenues from the latter's streaming video-on-demand app over what it charges other third-party developers. What Happened A correspondence between...
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CEOs Of Amazon, Apple, Facebook And Google Defend Companies During Congressional Antitrust Testimony
Wednesday, July 29, 2020 - 5:05pm | 620Read More...CEOs from major U.S. tech companies, including Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB) and Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) testified in Washington, D.C. -- albeit from remote locations -- in front of the House Antitrust...
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Apple Registers 225% iPhone Sales Growth In Q2 In China, Remains Fastest-Growing Smartphone Maker: Report
Tuesday, July 28, 2020 - 11:03pm | 533Read More...Apple Inc. (NASDAQ: AAPL) emerged as the fastest-growing smartphone maker on mainland China in the second quarter this year, as iPhone SE and iPhone 11 models led the company to register robust sales, according to Counterpoint Research data reported by CNBC Tuesday. What...
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Facebook, Amazon, Apple, Google CEOs To Testify Before House Antitrust Subcommittee Wednesday
Monday, July 27, 2020 - 1:11am | 438Read More...The chief executive officers of four of the largest technology companies in the United States will testify before the House Judiciary Committee on Wednesday as part of the legislators' ongoing antiturst probe, Politico reported. What Happened Apple Inc.'s (NASDAQ: AAPL) Tim...
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Apple Delaying 5G iPhone Launch Event To At Least Late October: Report
Thursday, July 23, 2020 - 10:40pm | 314Read More...Apple Inc. (NASDAQ: AAPL) is reportedly delaying the annual fall event, where it's widely expected to launch 5G compatible iPhones, to late October or November. What Happened: The new iPhone 12 series, equipped with 5G wireless technology, is delayed due to manufacturing...
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Apple Plans To Go Carbon Neutral Across Supply Chain, Products Within A Decade
Tuesday, July 21, 2020 - 10:11pm | 381Read More...Apple Inc (NASDAQ: AAPL) is planning to turn carbon neutral across the entire spectrum of its business, manufacturing supply chain, and product life cycle by 2030, it announced Tuesday. What Happened The Tim Cook-led company says it's already carbon neutral for its corporate operations...
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Apple Unveils Megastore In Beijing Even As It Draws Fire Over Relations With China
Friday, July 17, 2020 - 5:09am | 272Read More...Apple Inc. (NASDAQ: AAPL) announced Thursday the launch of the revamped version of its Apple store in China. What Happened According to the consumer electronics company, the new store is near twice the size of the original store in the same locale and follows health and safety measures related to...
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EU Court To Decide Today If Apple Owes $15B In Irish Back Taxes
Wednesday, July 15, 2020 - 3:34am | 364Read More...European Union competition regulators are expected to give a ruling Wednesday on whether Apple Inc (NASDAQ: AAPL) needs to pay $15 billion in Irish back taxes as part of the bloc’s crusade against sweetheart tax deals. What Happened The European Commission had determined four...
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Facebook, Amazon, Apple, Google CEOs Agree To Jointly Testify Before Congress In Antitrust Case
Thursday, July 2, 2020 - 12:45am | 352Read More...The chief executive officers of Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), and Google parent company Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) have all agreed to testify before the Congress in an ongoing antitrust investigation, CNBC reported Wednesday...
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Trump's Employment Visa Suspension Under Fire From Business And Tech Leaders
Wednesday, June 24, 2020 - 11:22am | 599Read More...Several business leaders are voicing their criticism against President Donald Trump’s decision to halt employment-based immigration to the United States. What Happened The proclamation, issued Tuesday, suspending entry of aliens into the U.S. for employment purposes affects multiple...
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Apple 'Advancing What Only Apple Can Do': Early Analyst Reactions To WWDC 2020
Monday, June 22, 2020 - 11:00pm | 529Read More...Apple Inc. (NASDAQ: AAPL) kicked off its annual Worldwide Developers Conference on Monday. Here is the early reaction of the consumer electronics company's revelations at the virtual event. Apple Ditching Intel Was ‘Star Of The Show' The company's announcement that it will...
