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Antitrust crackdown looms over Big Tech: How Apple, Google are likely staring at break-up orders in US and EU Dave Calhoun assumed the role of chief executive in early 2020 following the ousting of his predecessor, Dennis Muilenburg, in the wake of a significant scandal. This scandal unfolded when two new 737 Max aircraft were involved in nearly identical accidents within five months, resulting in the tragic loss of 346 passengers and crew.

Investing.com — Apple has been linked with Baidu over using the Chinese internet giant’s AI models in China, while Nissan (OTC:NSANY) launches a new three-year business plan. Goldman turns more positive on European equities, while Wall Street looks set to start the new week on a negative note.

Investing.com — U.S. futures slipped lower Monday, consolidating at the start of a holiday-shortened week ahead of the release of key inflation data and several Fed speakers.

EU antitrust regulators on Monday opened their first investigations under the Digital Markets Act into Apple, Alphabet's Google and Meta Platforms for potential breaches of the landmark EU tech rules. «The (European) Commission suspects that the measures put in place by these gatekeepers fall short of effective compliance of their obligations under the DMA,» the EU executive said in a statement.

Elon Musk’s long courtship of Indian officialdom may have finally paid off. Prime Minister Narendra Modi wanted him to open one of his Tesla “gigafactories” in the country, as part of its efforts to expand its long-moribund manufacturing sector; Musk, meanwhile, wanted India to address tariffs on electric vehicle imports that rendered foreign-made Teslas uncompetitive. On March 15, the government announced a new scheme to promote investment in EVs. Any company willing to invest $500 million in a new manufacturing facility that begins production in three years (and with at least a quarter of its components added locally, to begin with) will also be allowed to import 8,000 high-end vehicles a year at a lower tariff of 15%. It’s generally assumed that this quid pro quo will be enough to get Musk — and, hopefully, one or two other companies, like Vietnam’s Vinfast Auto Ltd. — to bite. Certainly, the EV producers that currently dominate the Indian market are already bracing for competition. On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think.

Are most revolutions doomed to become the very thing they sought to overthrow? In the world of business, this question arises in the case of Apple, widely seen as the world’s top brand. It began with a mission to bust the paradigm of centralized big-frame computing by empowering “the rest of us" with personal computers of our own. This was the story captured by 1984, a TV commercial it aired that year which showed it taking on Big Brother of George Orwell’s novel by that name.

Easter 2024 is a few days away and Netflix, Apple TV+, Disney+, Peacock, Hulu, Prime Video, AMC and AMC+ are releasing a number of movies and shows throughout the week for their viewers. Bill Nighy leads a charming crowd-pleaser on Netflix, “The Beautiful Game,” in which he plays an English soccer (sorry, football) manager taking a team to the Homeless World Cup in Rome. It starts streaming on Friday, March 29.

Tim Cook said artificial intelligence is an essential tool for helping businesses reduce their carbon footprint, as he joined a climate change dialog Sunday at the China Development Forum. Cook took part in a discussion at the annual Beijing event as the culmination of a week of public displays of his company’s commitment to China. He earlier met Commerce Minister Wang Wentao and announced plans to invest further in Apple’s supply chain, stores and research in the country.

By Colleen Howe and Jing Xu

By Lewis Krauskopf

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

Muntingia calabura) and was useful for growing fast. It would give green volume and shade while slower-growing plants came up. It seemed a stopgap tree, not worth taking that seriously. Within two years it was full-sized, with abundant leaves and, soon, small white-petalled flowers. The surprise was the small red fruits that followed, really like tiny cherries. The tree produces almost continuously, but only a few ripen every day. We find them shaken off by the wind on the ground below. When I was told they were edible, I had little expectation. Many plants have edible fruit, in that they won’t poison you, but that doesn’t really make them worth eating. The fruits tend to have wincingly bitter notes or tannic aftertastes that leave your mouth puckered. Some, like wax or rose apples (Syzygium samarangense) have pleasantly crunchy textures, but little taste. And then there are the sour fruits beloved of Indian school kids, like starberries (Phyllanthus acidus) or bilimbi (Averrhoa bilimbi), which are refreshing on a hot summer day, eaten with salt and washed down with lots of water, or made into a pickle, but that’s about it.

By Foo Yun Chee and Supantha Mukherjee

In this article

The ghost of old Microsoft hung in the air this past week as the Justice Department took aim at Apple, accusing the tech giant of an improper monopoly with its iPhone. Chief Executive Tim Cook faces the likelihood that the next several years will be consumed with fighting antitrust lawyers intent on dismantling the pillars of the business empire he helped build after the death of Steve Jobs. Cook, who has overseen extraordinary profit and revenue growth since becoming Apple CEO in 2011, can hardly afford the timing of the latest fight.

Apple is winding down a project to design and develop its own smartwatch displays, Bloomberg News reported on Friday, citing people with knowledge of the matter. The plan was shelved due to high costs and complexity, and Apple is now reorganizing the teams that handled display engineering and eliminating several dozen roles in the United States and Asia, according to the report.

Apple’s newest iPhone software has a switch turned on by default: “Discoverable by Others." This creepy-sounding setting is leading people to think their name and location are being shared without their knowledge or consent. That’s not the case, says Apple, but you might want to turn it off anyway. Last year, as a part of iOS 17.2, Apple released the Journal app.

Researchers have uncovered a significant security vulnerability in Apple’s M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers. 

Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection

The Department of Justice (DOJ) and 16 state and district attorneys general have filed a civil antitrust lawsuit against Apple, accusing the tech giant of monopolizing or attempting to monopolize smartphone markets in violation of Section 2 of the Sherman Act.

Apple didn’t need any more trouble, but trouble has had a way of finding the iconic tech giant lately. The Justice Department sued Apple on Thursday, accusing the company of monopolistic behavior over the way it runs its iPhone business. “We allege that Apple has employed a strategy that relies on exclusionary, anticompetitive conduct that hurts both consumers and developers," Attorney General Merrick Garland said in announcing the case.