Tag Archives: apple

Samsung Display $11 billion 2025 amid industry SEOUL Reuters Apple

Samsung Display to invest $11 billion by 2025 amid industry oversupply

10 October, 2019 9:22 am 9:22 am

SEOUL (Reuters) – Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs. The unit of Samsung Electronics Co Ltd said that by 2025 it will … Read More


Tech giants to pay higher tax bills, OECD proposes

10 October, 2019 2:05 am 2:05 am

NEW YORK – New tax plans aimed at making global firms pay more tax have been published by an international economic body. The proposals would give governments more power to tax big technology firms such as Apple, Facebook and Google. The Organisation for Economic and Development (OECD) proposals would mean big companies paying more tax where … Read More

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US SC snubs University of Wisconsin appeal in patent fight with Apple

10 October, 2019 9:24 pm 9:24 pm

WASHINGTON (Reuters) – The US Supreme Court (SC) on Monday refused to hear a bid by the University of Wisconsin’s patent licensing arm to reinstate its legal victory against Apple Inc in a fight over computer processor technology that the school claimed the company used without permission in certain iPhones and iPads. The justices, on … Read More


US house panel demands emails from Apple, Facebook, Amazon, Google

09 September, 2019 2:58 am 2:58 am

WASHINGTON (Reuters) – A US House of Representatives panel on Friday demanded internal emails, detailed financial information and other company records from top executives of Amazon.com Inc, Facebook Inc, Apple Inc, and Alphabet Inc’s Google, widening the antitrust probe of Big Tech. The letters seek by Oct 14 internal emails over the last decade from … Read More


Apple’s new iPhones shift smartphone camera battleground to AI

09 September, 2019 9:19 pm 9:19 pm

CALIFORNIA (Reuters) – When Apple Inc introduced its triple-camera iPhone this week, marketing chief Phil Schiller waxed on about the device’s ability to create the perfect photograph by weaving it together with eight separate exposures captured before the main shot, a feat of “computational photography mad science.” “When you press the shutter button it takes … Read More

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Uighurs targeted in iPhone attack but disputes Google findings: Apple

09 September, 2019 12:08 pm 12:08 pm

(Reuters) – Apple Inc on Friday confirmed that China’s Uighurs had been the target of attacks due to iPhone security flaws, but disputed rival Alphabet Inc’s description of the effort to track users of the smartphone in real time. Google Project Zero researchers said last week that five security flaws led to a “sustained effort … Read More


Apple CEO cautions Trump about China tariffs, Samsung competition

08 August, 2019 6:49 am 6:49 am

NEW JERSEY (Reuters) – President Donald Trump said on Sunday that he had spoken with Apple Inc’s Chief Executive Tim Cook about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd. Trump said Cook “made a good case” that tariffs could hurt Apple, given … Read More

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Apple’s AirPods will not escape Trump’s China tariffs

08 August, 2019 10:22 am 10:22 am

SAN FRANCISCO (Reuters) – Apple Inc’s AirPods, Apple Watch and HomePod, which have helped the company offset waning sales of its bestselling iPhone this year, are not included in a temporary reprieve on tariffs by the Trump administration and will face a 10% levy on Sept 1. The administration said on Tuesday that some major … Read More


Apple offers researchers record reward for tracing iPhone security flaws

08 August, 2019 4:26 am 4:26 am

LAS VEGAS (Reuters) – Apple Inc, the leading tech company, is offering cyber security researchers up to $1 million (£823,694) to detect flaws in iPhones, the largest reward offered by a company to defend against hackers. The offers comes at a time of rising concern about governments breaking into the mobile devices of dissidents, journalists … Read More

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Apple, Goldman Sachs start issuing Apple Cards to consumers

08 August, 2019 9:56 am 9:56 am

(Reuters) – Apple Inc and Goldman Sachs Group Inc rolled out a virtual credit card, which will help the iPhone maker diversify from device sales and also build out the Wall Street bank’s new consumer business. With the card, Apple aims to draw in iPhone owners with 2% cash back on purchases with the Apple … Read More


Apple, Google temporarily stop employees playing back voice recordings

08 August, 2019 6:14 am 6:14 am

NEW YORK – Apple and Google are temporarily stopping workers listening to voice recordings captured by smart speakers and virtual assistants. It follows a Guardian report that third-party contractors used by Apple had heard people having sex and discussing private medical information. Siri and other services can activate in error after wrongly picking up sounds they mishear … Read More


US tariff threat may compound Apple’s iPhone woes: BofA

08 August, 2019 3:40 am 3:40 am

(Reuters) – Tech giant Apple Inc could see a hit to its annual earnings from US President Donald Trump’s newly proposed 10% tariff on Chinese imports from Sept 1, analysts from Bank of America Merrill Lynch said on Friday. “Our back of the envelope math suggests the impact (of the new tariffs) will be roughly … Read More

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Apple woos investors with China gain, market value nears $1 trillion

08 August, 2019 9:11 am 9:11 am

(Reuters) – Apple Inc shares rose 4.4%, after the company calmed Wall Street nerves with an improvement in sales in China and as several brokerages predicted a boost from its services business and the launch of new iPhones in the second half of 2019. If the gains hold, Apple would be within touching distance of … Read More


Apple pays $1 billion for Intel unit in push for chip independence

07 July, 2019 3:00 pm 3:00 pm

WEB DESK (Reuters) – Tech giant Apple Inc has taken a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at $1 billion, the companies have said. Under the deal, about 2,200 Intel employees will join Apple, along with intellectual property, equipment and … Read More


Apple’s upbeat forecast pushes market value back toward $1 trillion

05 May, 2019 10:27 am 10:27 am

NEW YORK (Reuters) – Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker’s market valuation back toward $1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales. Apple has been jockeying with Microsoft Corp and Amazon.com for the title of most valuable U.S. company as … Read More