Apple Financial News

Circle Squared Alternative Investments founder Jeff Sica discusses the DOJ antitrust lawsuit against Apple that claims the tech giant monopolized smartphone markets, on 'Varney & Co.' 

Encouraging the audience of payments professionals and executive bankers to think differently, Birch will take to the stage – as many have done before him – to provide insight into the economic and political ramifications of the move towards digital money.

Tech giant Apple has laid off 600 employees across its self-driving car and smartwatch screen projects, news agency Bloomberg reported on Friday. Both projects were scrapped earlier this year. According to the report, Apple filed eight separate reports to the state of California to comply with the Worker Adjustment and Retraining Notification, or WARN program.

'We lost almost everything': Indians recall horror during Taiwan earthquake Furthermore, 660 people have been stranded due to road damage and 1,067 have been injured severely. Notably, strict building regulations and widespread public disaster awareness appear to have staved off a major catastrophe on the island. Will Taiwan's earthquake create another chip shortage? Here's all to know Prime Minister Narendra Modi on the X platform wrote that India stands in solidarity with the people of Taiwan.

powerful 7.2-magnitude earthquake struck Taiwan's eastern coast near Hualien County on Wednesday morning, killing nine people and injuring more than 1,000. The island plays an outsized role in the global chip supply chain as it is home to the world's largest chipmaker, Taiwan Semiconductor Manufacturing Co, which supplies chips to Apple and Nvidia.

Taiwan's biggest earthquake in at least 25 years is likely to tighten supply of tech components such as display panels and semiconductors, analysts said, as manufacturers in the global tech powerhouse restore operations at affected facilities. The powerful 7.2-magnitude earthquake struck Taiwan's eastern coast near Hualien County on Wednesday morning, killing nine people and injuring more than 1,000.

Apple services including its App Store, video and music streaming platforms Apple TV+ and Apple Music, were resolved after outages that affected users across multiple regions, the company's website showed. Issues were also reported on Apple's fitness service Apple Fitness+, as well as Arcade, Audiobooks, Books and Podcasts, according to Apple's system status pages for several countries reviewed by Reuters.

Software Is Eating the World'. He convincingly argued that software-led companies like Apple, Amazon and Netflix were 'eating' brick-and-mortar companies, such as Blockbuster, Borders and Walmart, to become global category leaders. Andreessen's predictions did bear out, with software behemoths like Alphabet, Microsoft and Meta becoming the world's largest companies. As the age of IT and software gives way to AI, there are declarations of how AI is eating software. It seems that new emerging titans like OpenAI and their LLMs — which are built on colossal amounts of data and powered by new kinds of software algorithms called transformers — are taking over. However, it's actually hardware that is again emerging as the dominant species in the AI age. Nvidia, US-based MNC and maker of GPUs (graphics processing units), the hardware that powers most generative AI software, was at a $300 bn valuation in the pre-ChatGPT era in Nov 2022. It is $2.3 tn today, a nearly eight-fold jump.

ICICI Bank has issued a cautionary advisory to its customers against new online fraud. The private sector lender has urged account holders to remain vigilant against malicious links and applications being circulated on platforms like WhatsApp, email, and others.

1. LG 27UL500 27 Inch 4K-UHD Monitor The LG 27UL500 27 Inch 4K-UHD Monitor is a gem for both design professionals and video editors. With its IPS panel offering vibrant colours and sharp details at a 3840 x 2160 resolution, it ensures your projects look impeccable.

₹7.73 lakh onwards (ex-showroom, Delhi), the Urban Cruiser Taisor emerges as an accessible choice in the subcompact SUV segment. Drawing inspiration from the Maruti Suzuki Fronx, the Urban Cruiser Taisor shares its foundation while exuding a distinct identity through refreshed styling cues. Notably, the SUV showcases a striking front facade with a bold honeycomb mesh grille in gloss black finish, complemented by twin LED DRLs and the iconic Toyota emblem at the center.

₹4.1 lakh crore ($49.16 billion) in value of mobile devices produced in India, as per a Business Standard report. This marks a 17 percent year-on-year (YoY) increase. Notably, despite stagnant domestic sales volume, the value of mobile exports remains high, it said.

Japanese automaker Toyota today announced the launch of Urban Cruiser Taisor in India. The Taisor, which is based on the Maruti Suzuki Fronx, has been priced at Rs 7.73 lakh onwards. This is the sixth model to be shared between the Maruti — Toyota partnership. The Toyota Taisor has been launched in two iterations with 1.0L turbo petrol engine and 1.2L petrol engine. The 1.2L version comes in manual and AMT versions with the top model costing Rs 9.52 lakh (ex-showroom). Toyota is also offering a CNG version of it. The 1.0L model's price starts from Rs 10.55 lakh and goes up to Rs 13.03 lakh — both ex-showroom.

detective drama 'Sugar', ahead of its release next month, reports 'Collider'. The eight-part series narrates the story of a private investigator and explores the city of Los Angeles as the detective uncovers the secrets surrounding a high-profile disappearance case. The trailer opens with Farrell's character John beginning an investigation of the case related to Olivia's disappearance. But contrary to his earlier assumption, things get darker as he gets closer to the truth.

K Kavitha, arrested in connection with the excise policy 'scam', on Monday told a court here that Enforcement Directorate was acting as a «persecuting agency» and the probe against his client was «totally motivated». The arguments were made before Special Judge Kaveri Baweja by senior advocate Abhishek Singhvi, who argued for Kavitha's bail. «ED is not acting as a prosecuting agency but as a persecuting agency… There is no fairness or impartiality. The probe is totally motivated. They say either we will arrest you or if I don't arrest you, I will play the game of cat and mouse,» he said. Underscoring that the agency had repeatedly summoned the Bharat Rashtra Samithi (BRS) leader, Singhvi said, «A summon a day keeps ED happy much like an apple a day keeps the doctor away.»

Toyota's lineup in the country. The collaboration between the two automotive giants, stemming from a global partnership for platform and technology sharing, has led to the introduction of rebadged Maruti Suzuki models in India over recent years.

production-linked incentive (PLI) scheme for smartphones in August 2021, as per an Economic Times report. The majority of those employed are first-time time job seekers aged between 19 and 24 years, it added citing estimates from government officials and experts. Companies that get PLI benefits are required to report employment data to the government.

The Magnificent Seven trade is beginning to fizzle—and yet, the stock market is still heading higher. The S&P 500 climbed 10% in the first quarter, its best start to a year since 2019, even though two of its biggest constituents suffered double-digit declines. Apple shares fell 11% in the first three months of the year, while Tesla dropped almost 30%.

The majority of these are first-time job seekers in the 19-24 years age group, said government officials and experts aware of the details. Apart from this, about 300,000 people have been employed indirectly, they estimated. Companies that get incentives under the PLI scheme need to submit employment creation data to the government.

global level. Don’t be a fanboy, be a boAthead," boAt said in a disclaimer while posting its recent advertisement on X. The video sparked an online debate with some users appreciating the creativity of boAt, while others calling it a new low in the negative marketing tactics.

Arvind Kejriwal in custody for over a week, have reportedly reached out to Apple seeking assistance in accessing his iPhone, as per sources familiar with the matter, The Indian Express reported. According to the report, ED has officially reached out to Apple, the manufacturer of the phone, in an attempt to gain access to Kejriwal's iPhone. However, they were informed that a password was required to retrieve any data.