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...They are also increasingly penetrating markets for industrial automation, medical devices and electric vehicles....
...Independent record labels behind artists including Phoebe Bridgers and Vampire Weekend are pushing back on Apple’s plans to pay more money for songs recorded in higher-quality audio — a move they say funnels...
...“They’ve done demos, just like Apple has been demo-ing the Vision Pro [mixed-reality headset]. They’re trying to get people excited.”...
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
...At the same time, Apple is diversifying its manufacturing away from China. Tim Cook, Apple’s chief executive, is visiting Vietnam this week as the iPhone maker plans to increase its supply chain there....
...Schiller wrote that the decision was also motivated by Epic chief executive Tim Sweeney’s “colourful criticism” of the company’s plans to comply with the DMA....
...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....
...Amazon said it was “compliant” with the rules and that it had “engaged constructively with the European Commission on our plans since the designation of two of our services”....
...Apple has reversed course on a plan to cut off access to applications that bypass its app store, which the iPhone maker had argued was necessary in order to comply with new EU regulations....
...But it’s unlikely to be the last such battle as Apple seeks to turn its Watch into an important medical accessory. richard.waters@ft.com...
...Acer chair Jason Chen said India has become the company’s second-largest market by shipments and revenue after the US and it plans to accelerate sales of consumer notebook computers there this year....
...Apple has been typically secretive about its AI plans even as big tech rivals, such as Microsoft, Google and Amazon, tout multibillion-dollar investments in the cutting-edge technology....
...Apple was recently forced to make a series of U-turns by the EU regulator over its plan to comply with a new competition law, and has already changed parts of its business model in the bloc as a result....
...Gary Swidler, president of Match Group, which owns Tinder, said the EU’s acceptance of Apple’s plan is “far from assured”....
...A US judge found in January that a headline feature of Apple’s latest watches, a blood oxygen sensor, infringed patents owned by medical device maker Masimo....
...The latest amendments to Apple’s plan to comply with the EU’s Digital Markets Act, which came into effect this month, come on the heels of two previous U-turns by the iPhone maker....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...For Apple, there are clear warning signs. One is OpenAI’s plan for a “GPT store” — a place for developers to sell AI-powered services built on top of OpenAI’s models....
...Apple declined further comment. Apple chief executive Tim Cook said during the company’s latest earnings call that it plans to announce new details about its work in AI later this year....
...If I was prime minister I’d rewrite the Medical Act 1858, which outlawed quack doctors, so as to outlaw quack IT practitioners....
...Apple and Microsoft have been rivals since the 1980s, when the company founded by Steve Jobs and Steve Wozniak accused Bill Gates’ Windows maker of stealing the “look and feel” of its Macintosh computer...
...Apple is similarly embroiled in litigation with medical wearables company AliveCor over the heart rate monitoring technology on its watches....
...Bringing generative AI to its devices is the latest front — though as usual, Apple is staying quiet about how it plans to use the technology....
...Taiwanese suppliers Quanta Computer and Compal Electronics also gained a head start. Their shares are up more than 30 per cent this year....
...General Motors scaled back plans for its self-driving Cruise unit last year following an accident while testing on public roads, while Ford pulled out of the technology altogether to focus on driver-assistance...
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