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...The timing of the announcement and the amount of the fine could change, they added....
...The iPhone maker has particularly targeted workers from Google, attracting at least 36 specialists from its rival since it poached John Giannandrea to be its top AI executive in 2018....
...The EU’s move comes as it imposes new scrutiny on the iPhone maker, particularly over the company’s $85bn-a-year services business....
...In percentage terms, Tesla was the biggest winner of 2020. The electric-car maker’s market value jumped 787 per cent to $669bn by the end of that December, but has since slipped back to $589bn....
...He took a swipe at Apple’s rivals by pointing out the iPhone maker had “for years” been dedicating a portion of its processors to AI features, known as the neural engine, claiming it was “more powerful”...
...the year-ago quarter....
...The company’s last major acquisition was the $16.6bn takeover of heart device maker Abiomed in November 2022....
...“It’s about becoming the lead player in the mRNA field.” Moderna, Pfizer and BioNTech were three of the biggest corporate winners from the pandemic, with their jabs the widest used across the world....
...The Chinese electric vehicle sector has begun to tap offshore markets for more funding, with shares in EV maker Zeekr gaining 34 per cent on Friday in the biggest IPO in the US by a Chinese company since...
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
...The partnership strengthens Sanofi, one of the world’s largest vaccine makers by sales, in the post-pandemic Covid jab market, where pharmaceutical groups are increasingly focused on combined shots against...
...Peloton chief executive Barry McCarthy is stepping down from his role as the exercise-bike maker launches a restructuring plan that will cut 15 per cent of its workforce....
...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....
...Tesla had about 7.5 per cent of the EV market in China in the first quarter, and the country is the carmaker’s second-biggest market....
...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...
...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....
...In a filing on Tuesday evening, the electric-car maker said it had “updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the...
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...Scaringe said that executives at the company still “firmly believe in the full electrification of the auto industry, but recognise in the short term the challenging macroeconomic headwinds”....
...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
...The cigarette maker is routing some business through Turkey and has moved key personnel to Hong Kong as ties with Russia have come under pressure in the wake of its invasion of Ukraine, Masamichi Terabatake...
...Elon Musk appears to be on the cusp of deploying Tesla’s “full self-driving” system in the world’s biggest car market....
...The case dates back to 2018 when the billionaire — who runs the electric-car maker Tesla — shook Wall Street with a tweet declaring: “Am considering taking Tesla private at $420. Funding secured.”...
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