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Google, Amazon, Meta and Apple are Meeting in Sofia
Google, Amazon, Meta, and Apple are among the tech giants slated to convene in Sofia for a landmark event in 2025. The prestigious Real World Crypto Symposium (RWC), a gathering of over 1,000 representatives from the world's top technological entities, will be hosted by the INSAIT Institute at Sofia University "St.
US sues Apple in iPhone monopoly case
The U.S. Department of Justice has sued Apple, accusing the tech giant of illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers.
The lawsuit, also brought by multiple U.S. states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices.
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AI giant Nvidia unveils higher performing 'superchips'
Nvidia on Monday unveiled its latest family of chips for powering artificial intelligence, as it seeks to consolidate its position as the major supplier to the AI frenzy.
EU faces uphill battle to rein in big tech
The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead.
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Asian stocks advance after global markets fall on tech sell-off
Asian shares mostly gained on Wednesday after global markets fell as traders locked in profits following recent tech-driven rallies.
Gold prices and bitcoin hit all-time highs Tuesday before reversing gains, while the sell-off in some technology stocks hit many markets around the world.
Huawei Resurgence Sends iPhone Sales Plummeting by 24% in China
In a recent report by Counterpoint Research, a leading global technology market research firm, it has been revealed that Apple's iPhone sales in China took a significant hit during the first six weeks of 2024. Cited by CNBC, the report indicates a staggering 24% decline in iPhone sales within this period.
Apple abandons electric car plans: media
Apple has abandoned its ambitions to produce an electric car, U.S. media reported Tuesday, ending a struggling decade-long project.
The iPhone maker had dedicated nearly 2,000 employees to its secretive car development program, Bloomberg reported, but faced an increasingly competitive electric vehicle (EV) sector.
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Apple’s 'Argylle,' flops with $18 million
Apple has had its first box office flop.
"Argylle," the $200-million star-studded spy thriller from Apple Studios, debuted with $18 million in ticket sales, according to studio estimates on Feb. 4. The film, directed by Matthew Vaughn, managed to lead the weekend box office, but still found little interest from moviegoers.
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Microsoft joins Apple in $3 trillion club
Microsoft joined Apple on Jan. 24 as a $3 trillion company, as its big bet on artificial intelligence continued to impress Wall Street.
Now second to Apple as the world's biggest company by market capitalization, Microsoft's shares were up 1.31 percent at $404.
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Apple to allow payment systems other than App Store
After a years-long legal battle, Apple has said that it will begin allowing iPhone app developers to use alternative payment systems — but they will still have to pay fees and meet various conditions.