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Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...The EU’s move comes as it imposes new scrutiny on the iPhone maker, particularly over the company’s $85bn-a-year services business....
...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...
...The company’s last major acquisition was the $16.6bn takeover of heart device maker Abiomed in November 2022....
...Tim Cook, Apple’s chief executive, is visiting Vietnam this week as the iPhone maker plans to increase its supply chain there....
...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....
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
...A top-five shareholder in struggling Covid-19 vaccine maker Novavax is calling for an “urgent shake-up” of the board and an overhaul of its sales strategy, as the stock is down 99 per cent from its pandemic...
...The Fortnite game maker says Apple has violated a judge’s order to allow app developers to steer customers to transaction platforms outside of the app store....
...More interestingly, Tesla is asking shareholders to let the EV maker relocate its corporate domicile from Delaware to Texas....
...On Friday, the struggling jet maker confirmed it was considering reacquiring Spirit AeroSystems....
...At a time when programme makers seem not to place much value on original ideas or innovation, it is inevitable that audiences are being offered a heavy “remake” diet....
...Market makers and brokers need capital and credit to cover the gross sum of their risks so they need to borrow money and have something of quality as collateral....
...Cook spent Wednesday meeting Apple’s Chinese suppliers, including the head of electric-car maker BYD and executives from Lens Technology and Changying Precision Technology....
...Each disc breaks on your teeth, turns over a few times in your mouth and is gone – like the Snapchat of chocolates....
...Buffett’s sprawling conglomerate, which owns the BNSF railroad and Geico insurer, first invested in the iPhone maker in 2016 at the direction of one of his two investment deputies: Todd Combs and Ted Weschler...
...Athleisure retailer Lululemon and sneaker maker Nike, reporting last week, both fell short of the mark....
More competition and flagging demand in the Chinese market hit leading battery and plug-in hybrid vehicle makers
...As part of Monday’s ruling, the commission also banned Apple from blocking apps from offering their services outside the iPhone maker’s iOS software....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...But smartphone makers have no intention of allowing that to happen. Startups spot an opening. AI is already the most popular area of investment for venture capital....
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