San Francisco, California, Monday, March 25, 2024 – A lawsuit filed in December 2022 accuses Apple of failing to adequately safeguard its AirTags, potentially enabling their misuse for stalking. Apple has not yet issued a public response to the lawsuit. The lawsuit, brought by a group of plaintiffs, centers on privacy concerns surrounding the location-tracking […]
California, Monday, March 11, 2024-Tech giant Apple is facing a proposed class-action lawsuit in the Northern District of California, accusing it of unfairly dominating the cloud storage market through its iCloud platform. The lawsuit, filed Friday, alleges that Apple’s practices stifle competition and force users to pay inflated prices. Plaintiffs claim Apple restricts certain iPhone […]
Cupertino, California, Wednesday, December 27 – Apple is fast-tracking production of its long-awaited mixed reality headset, the Vision Pro, with a target launch set for February, reports said. While the February launch target could still be subject to unforeseen changes, Apple’s ramped-up production and internal communications signal a significant push toward this crucial milestone. This also […]
CUPERTINO, Calif., Thursday, May 9, 2024 – Apple Inc. is facing a rough patch in the smartphone market, with iPhone sales dropping 16% year-over-year in the first quarter of 2024, according to market research firm Canalys. This translates to a decline of 9.3 million units shipped globally compared to last year’s period. The slump comes […]
Catenaa, Thursday, May 08, 2025-Apple will now allow US app developers to direct users to external payment methods for crypto and NFT sales, following a major court loss to Epic Games. A federal judge ruled Wednesday that Apple must stop blocking app developers from including links or buttons leading to external sites — a shift […]
Catenaa, Tuesday, May 06, 2024-Apple has begun shifting production of most iPhones bound for the US away from China, with India and Vietnam emerging as key alternatives, CEO Tim Cook announced Thursday. The move follows mounting tariff pressures from the Trump administration and is part of Apple’s broader strategy to reduce its dependence on Chinese […]
CUPERTINO, Calif. Monday, May 20, 2024 – Apple is reportedly nearing a deal with OpenAI, a leader in artificial intelligence research, to bring new AI features to the iPhone, according to a Bloomberg report citing sources familiar with the matter. In March Bloomberg reported that Apple was in talks with Google to use Gemini AI […]
CUPERTINO, Calif. Monday, March 25, 2024 – Apple has acquired a Canadian artificial intelligence startup, DarwinAI, in a move seen as a strategic step to bolster its AI capabilities ahead of the major iOS 18 launch. While specific details of the deal remain undisclosed, the acquisition was confirmed earlier this year. DarwinAI, known for its […]
New Jersey, Friday, March 22, 2024 – March The U.S. Department of Justice (DOJ), joined by 16 state attorneys general, filed a sweeping antitrust lawsuit against Apple Inc. on Thursday, accusing the tech giant of illegally monopolizing the smartphone market. The lawsuit, filed in federal court in New Jersey, accuses Apple’s practices of stifling competition, […]
California, Monday, February 12, 2024 – In a significant legal victory, Apple Inc. was granted summary judgment by a federal judge in California on Tuesday, dismissing an antitrust lawsuit filed by AliveCor, a company that develops electrocardiogram (ECG) technology for mobile devices. AliveCor accused Apple of anti-competitive practices, alleging that changes Apple made to its […]
Catenaa, Tuesday, January 21, 2025 – Apple and Google have taken down several apps developed by the Cambodia-based Huione Group after allegations of the company running the largest dark web marketplace for illicit transactions, valued at $24 billion. According to reports by blockchain analytics firms Elliptic and Chainalysis, Huione Group operates Huione Guarantee, a Telegram-based […]
CUPERTINO, Calif., Tuesday, May 21, 2024 – Apple and Google On May 13, announced a joint effort to combat the misuse of Bluetooth tracking devices, according to a press release from Apple. The companies announced that they have developed an industry standard called “Detecting Unwanted Location Trackers” that allows both iOS and Android devices to […]
Catenaa, Saturday, April 19, 2025- Apple and Nvidia stocks have been in the forefront of Trump’s trade war, shedding $ 1 trillion in market cap collectively since liberation day. The two tech stocks’ volatility since Trump’s “Liberation Day” reciprocal tariff announcement on April 2, shows how the investors are battling the ever -changing uncertainty in […]
Catenaa, Thursday, May 29, 2025- Big tech stocks in the US gained on Thursday following a US trade court ruling that the vast majority of Trump’s global tariffs are illegal. Tesla shares were up by 1.2% by 1.30 in the afternoon amid news of CEO Elon Musk’s exit from the Trump administration, and Nvidia shares […]
Catenaa, Monday, May 26, 2025-Apple’s top contract manufacturer, Foxconn, is finalizing a 300-acre iPhone production campus near Bengaluru, defying US political pressure to shift operations to the United States. The Devanahalli facility, backed by a $2.56 billion investment, includes dormitories set to house 30,000 workers, making it India’s largest such residential complex for factory staff. […]
Catenaa, Monday, April 28, 2025- IBM will invest $150 billion in the US for the next five years, the company said on Monday, in a push to back Trump’s local manufacturing. IBM said that the plan includes an investment of more than $30 billion in research and development to further the company’s American manufacturing of […]
Catenaa, Monday, May 26, 2025 – Crypto exchange Kraken announced Thursday it will soon offer tokenized shares of major US companies—including Apple, Tesla, and Nvidia—to international customers, marking a bold step into the growing market for blockchain-based securities. Partnering with asset tokenization firm Backed, Kraken will launch over 50 US stocks and ETFs as crypto […]
Catenaa, Thursday, April 03, 2025- The Magnificent Seven stocks all fell on Thursday following the Trump Administration announcement of reciprocal tariffs, with Apple faring worst of all. The iPhone maker’s shares dropped 8% by mid-day after President Donald Trump late Wednesday imposed an 34% import tax on China, where Apple manufactures about 90% of its […]
Catenaa, Monday, May 12, 2025- US stocks such as Tesla and Nvidia, which were battered by the trade war between Trump and China, were trading higher on Monday after talks reduced tariffs. Two days of trade talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop […]
Catenaa, Friday, May 23, 2025- US President Donald Trump on Friday threatened Apple with tariffs upto 25% on iPhones made overseas as Trump reignites the trade war this time with US companies. “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of […]
Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]
CUPERTINO, California, Tuesday, January 16, 2024 – The long-awaited Apple Vision Pro headset, Apple’s first major new product category since the Apple Watch in 2015, will finally hit store shelves on February 2nd, 2024, reports said. The mixed-reality device, unveiled at WWDC 2023, sparked extensive industry buzz, and pre-orders began on January 19. The Vision […]
Catenaa, Monday, May 19, 2025- US Stocks fell on Monday after Moody’s downgraded the US credit rating last week, causing Treasury yields to spike. The Dow Jones Industrial Average was down by 0.15% or 65 points, the S&P 500 was down by 0.4%, while the Nasdaq Composite shed 0.5%. On Friday, Moody’s downgraded the US […]