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...be powered by cloud services in data centres....
...That is problematic given the amount of contested information and conspiracy theories about medicine and health services that is posted online, for example by members of the “anti-vaccine” movement....
...Apple has unveiled new iPads featuring what it called “an outrageously powerful chip for AI”, signalling the Silicon Valley giant’s growing focus on artificial intelligence services....
...Actor Hugh Grant accused Apple of “the destruction of the human experience courtesy of Silicon Valley” on X....
...Those in the industry who have worked with Apple say they see few dips in standards at the Silicon Valley group, which swept the Cannes Lions advertising awards last year....
...Another area under review is digital payments, where banks are regulated but companies such as Apple and Google offering similar services are not....
...Join Nancy Pelosi, Jake Sullivan, actor Bradley Whitford and holistic health practitioner Eileen Moran at the FT Weekend Festival tomorrow in Washington DC....
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Former leadership consultant Ashley Goodall is so right that change isn’t the same as improvement, something reflected in the churn in Silicon Valley right now....
...EU regulators found that Apple’s actions had resulted in users paying “significantly higher prices” for music streaming services....
...During the past quarter services revenue — which includes the App Store, Apple TV and Apple Pay — was up 14 per cent to a record $23.9bn....
...It is the first antitrust challenge against Apple under Biden’s administration, which is pursuing antitrust cases against some of the biggest Silicon Valley companies....
...Similarly the huge bet on Apple (its holdings peaked at almost $180bn last year) represented a huge shift in Berkshire’s view of technology....
...For a while, many pundits — including Unhedged — talked about Apple as a “defensive growth” stock, with high barriers to entry and a big services business to carry it through the economic cycle....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...This puts Apple’s services revenue, which accounts for about a third of operating profit, at risk....
...“I think the responsibility ought to be entirely with Greg,” Buffett said from the stage at the CHI Health Center in downtown Omaha....
...The commission said it was concerned that Apple and Alphabet had imposed “restrictions and limitations” that constrained developers’ ability to promote other services....
...One is that Apple blocks the distribution of some apps and services that might threaten its model....
...The profit margin of the service sector (which accounts for 20% of revenue) has, in the opinion of our analyst, peaked at 70% as Apple needs to find incremental services with large TAMs, with much of the...
...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....
...The New York-based drugmaker filed a trademark application in mid-April for a website and app providing medical information as well as mail-order pharmacy and telehealth services to US patients under the...
...Some in Silicon Valley aren’t happy, The New York Times writes....
...The closest we have come is when Silicon Valley Bank collapsed last year....
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