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...Renesas recently bought Apple supplier Dialog for €4.9bn, having also sealed deals for US rival Integrated Device Technology for $7.2bn in 2019 and for US chipmaker Intersil for $3.2bn in 2017....
...their personal data”, such as for advertising purposes....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...Still, Bank of America analysts last week upgraded their rating on Apple stock....
...wouldn’t impact Apple’s business, writes Javier Espinoza....
...on Wednesday that asks the company to report about AI in its business operations....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Apple and the US Treasury did not immediately respond to requests for comment....
...“A sad outcome for all developers.” However, he added: “As of today, developers can begin exercising their court-established right to tell US customers about better prices on the web....
...Apple wanted to market the card as “the most secure credit card ever”, but cooler heads at the bank warned that superlatives would open the product up to lawsuits....
...Now turn to Amazon’s retail business. It enjoys network effects, but also depends very heavily for its increasing returns on traditional economies of scale and learning by doing....
...This is abnormal, as Deutsche Bank economists illustrate in the chart below (which shows these two sectors as a share of net monthly job gains): Put together, the case for worry is that a slowing, narrowing...
...well as bank net interest margins....
...Meanwhile, Apple and Amazon have been slower to announce major public investments in AI but are poised to roll out products that could be viewed as a bid to catch up....
...The settlement does not include a requirement for merchants to pass on the savings from lower fees to consumers....
...Vestager is on a leave of absence as she makes a bid to head the European Investment Bank. She said on X, formerly Twitter: “All companies should pay their fair share of tax....
...This week, as Apple unveiled its latest high-end Macs, its new M3 chips were very much the focus....
...Apple overtook Samsung as the world’s top smartphone maker by volume for the first time in 2023....
...ever for banks to keep their whales as clients....
...Still, having a former senior bank regulator as the new chief executive should help smooth the way....
...Google said it competes “fiercely” with Apple as well as other gaming-specific platforms. On Android, it is also possible to download apps from other sources....
...The relative strengths have been obvious for a long time of course — a huge and profitable retail bank, a highly lucrative credit card business as well as much larger asset and wealth management and corporate...
...He added: “The services business is important in many ways for us....
...The long-running attempt by Epic Games to break open the mobile app stores that generate billions of dollars in profit for Apple and Google is set for another courtroom showdown on Monday, as its claims...
...On another busy day for tech earnings here’s what else I’m keeping tabs on today: Results: iPhone maker Apple and Facebook parent Meta, as well as Amazon, report earnings today....
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