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...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Clearing houses, which help settle trades, also operate within set hours....
...Need to know: UK and Europe economy The House of Commons was told that China-linked hackers were responsible for a raft of cyber attacks against British MPs and peers, plus a big attack on the Electoral...
...Epic lost a similar case against Apple in 2021, when a judge largely ruled for Apple, despite accepting that it makes “extraordinarily high” profits from its app store....
...apps outside Apple’s own App Store — a sign some security-conscious customers are apprehensive about the risks....
...These make it work better with Apple’s in-house services such as its digital wallet, and accessories such as its smartwatches, than those produced by third parties....
...explodes just after lift-off in Japan (Nikkei Asia) Japan chip stocks slump amid signs of overheating (Nikkei Asia) Malaysia: the surprise winner from US-China chip wars (FT) China’s love affair with Apple...
...It’s also interesting that the White House just appointed Mike Konczal, a financialisation expert and former Roosevelt Institute director, as a member of the National Economic Council....
...for being slower than rivals to commercialise generative AI — particularly in the context of Microsoft’s $13bn partnership with OpenAI and its much-hyped ChatGPT — despite the technology being created in-house...
...FMX’s futures trades will be cleared by LCH, the clearing house controlled by the London Stock Exchange Group....
...All save Apple are facing big antitrust challenges from US authorities, and Apple could face its own as soon as March....
...They harvested and ate the apples from the orchard that gives the house its name, Bronson Alcott considering them to be the most perfect food....
...Bubble hunters might be able to make a better case against Apple or Microsoft: they look more expensive than the two advertisers, but without better near-term growth (in Apple’s case, growth is much lower...
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...Neither Alphabet nor Apple likes to talk about how much money changes hands annually to make Google the default search engine on iPhones and other devices....
...Trading houses were seeking to use AI in two main ways, he said — to improve business efficiency and to develop a trading “edge” by having more analytical power than competitors....
...Chart of the day Apple lost its lead in the global smartphone market to Samsung in the first quarter of the year as iPhone sales fell 10 per cent....
...Blast from the past Over 130 armed police swooped on a house in Berlin just after dawn yesterday morning, firing shots and detaining several people in connection with the search of wanted far-left militants...
...The PEG ratios of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla are 4.6, 1.3, 1.3, 1.2, 2.6, 0.7 and 2.1, respectively....
...Good morning and we start with Apple’s decision to abandon a secret project to build an electric vehicle....
...At a time when Europe is grappling with Russian hostility, tensions with China and the possibility of Donald Trump’s return to the White House, the EU elections are set to deliver a result with damaging...
...Ahead of a final decision from the White House, Apple had said it would pre-emptively halt sales of the affected models in the US on its website from December 21, and in physical stores from December 24....
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