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...The moves come after the commission hit Apple with a €1.8bn fine for preventing music streaming apps such as Spotify from informing users about cheaper deals....
...Today’s moves come a few weeks after the EU fined Apple more than €1.8bn for stifling competition from rival music streaming services in a long-running case dating from 2021....
...There are 1.8mn apps in Apple’s store and, although more than 80 per cent of those are free, the judge in the 2021 case agreed with an estimate that its operating margin exceeds 70 per cent....
...Unhedged: We hear a lot about the distinction between Section 1 and Section 2 of the Sherman Antitrust Act. Why is it relevant here?...
...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....
...The search giant said its “largest, most capable and most general” AI system would be available as a free app through Google’s Android and Apple’s iOS app stores....
...The company shelved the product for consumers in early 2015, after wearers of the $1,500 headset had been dubbed “glassholes” for bringing cameras into unwelcome situations and in a few cases physically...
...Communications chief Dan Courtemanche pointed out that the league’s Apple deal and top 10 attendances predated Messi....
...Tata Electronics, which is aiming to become India’s first homegrown, full-service supplier to Apple, said it would invest Rs120.8bn ($1.45bn) to expand its operations in Tamil Nadu, where it makes enclosures...
...Brands are now creating their own virtual social media influencers with AI, so they don’t have to pay the $1,000 or so per post that some real influencers charge....
...It has yet to break into the top 10 best sellers, lagging behind Apple, Samsung and Xiaomi. In the second quarter of the year it shipped 1.6mn Pixel devices, according to data from analysts at Omdia....
...But since late last year, Apple and Microsoft are both up about 50 per cent to a combined value of nearly $5.7tn — more than the entire listed tech sector in 2000, when it had 1,850 companies....
...Facebook, Amazon and Apple did not respond to requests for comment....
...At the company’s showcase I/O event on Wednesday (named for the 1 and 0 at the start and end of a googol) it announced a significant upgrade to its core online search business, with conversational answers...
...setting for 1.2bn iPhone users....
...Everyone from small start-ups to legacy carmakers to Apple and China’s Baidu were taken with the idea....
...Although that is just 1.2 per cent of the global market, it is already more than Snapchat and Pinterest combined, and some estimates suggest Apple could reach $30bn of ad revenue by 2026....
...Retail sales fell by 1.1 per cent in December. The 3-month/10-year yield curve remains very much inverted. Etc etc, ad nauseam....
...But if we just look at the results from when they were picked and the end of the year, their gains fall to 16.3 per cent and 21.1 per cent, respectively....
...Apple remains the only large tech company that has not announced any job cuts or a cost-cutting programme, despite on Thursday reporting its first decline in quarterly revenues in three and a half years....
...Doug Field, who left Apple Car to become Ford’s technology head, said that fully driverless autonomy — known as Level 4 — was “the hardest technical problem of our time”....
...Bluesky said last year it had received $13mn in funding and it set up as an independent LLC, but it was unclear how it would be financed or monetised....
...The Internet of (Five) Things 1....
...They dipped 1 cent in the preceding three months, the company’s first-ever revenue decline....
...Short-term loans made through the iPhone maker’s new Apple Pay Later service will be made through a wholly owned subsidiary, Apple Financing LLC....
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