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Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...The iPhone maker has particularly targeted workers from Google, attracting at least 36 specialists from its rival since it poached John Giannandrea to be its top AI executive in 2018....
...The EU’s move comes as it imposes new scrutiny on the iPhone maker, particularly over the company’s $85bn-a-year services business....
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto market
...The company’s last major acquisition was the $16.6bn takeover of heart device maker Abiomed in November 2022....
...In a filing on Tuesday evening, the electric-car maker said it had “updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the...
Moderna alleges Pfizer and BioNTech infringed its patents in use of mRNA platform
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...The case dates back to 2018 when the billionaire — who runs the electric-car maker Tesla — shook Wall Street with a tweet declaring: “Am considering taking Tesla private at $420. Funding secured.”...
EV maker’s chief executive held talks with Chinese premier and secured key approval for data use
Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury goods powerhouse
...Brussels is probing Apple’s move to kick Fortnite-maker Epic Games from its App Store, escalating a confrontation between the bloc’s regulators and the iPhone-maker as a landmark law targeting Big Tech takes...
...In a sweeping antitrust lawsuit the US on Thursday alleged that the iPhone maker had betrayed that slogan, locking millions of its users into a powerful monopoly that has made it one of the most valuable...
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Measured by revenues and profits, Apple has long been the top smartphone maker thanks to the iPhone’s dominance at the high end of the market....
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
...Now, they are even facing competition from overseas makers in their home market....
Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
DoJ is highlighting what it believes is iPhone maker’s insulation from competition and lack of incentive to innovate
...The iPhone maker has increasingly put claims of environmental and social responsibility at the heart of its marketing campaigns....
...Tim Cook, Apple’s chief executive, is visiting Vietnam this week as the iPhone maker plans to increase its supply chain there....
...Elliott Investment Management has reached a co-operation agreement with sensor maker Sensata Technologies. Sensata will appoint Phillip Eyler to its board of directors....
...“We aren’t in a rush” to conclude a deal to purchase a mix of Boeing wide-body and narrow-body jets as the plane maker was struggling with “production” and “quality” issues, Turkish Airlines chair Ahmet...
...On Friday, the struggling jet maker confirmed it was considering reacquiring Spirit AeroSystems....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
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