AAPL Forex News
Apple, Google Restore TikTok To App Stores
Apple's and Alphabet's Google have restored TikTok, the popular short video app, to their mobile app stores in the United States, after President Donald Trump delayed a ban on the Chinese app after his inauguration, and gave assurance to its tech partners of no fine or further consequences.
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12 days ago
Apple Stock Gains On Upbeat Q1, Positive Outlook, Despite Weak IPhone, China Sales
Apple Inc.'s shares gained more than 3 percent in the after-hours trading on Thursday after the tech major reported higher profit in its first quarter, above market estimates, with strong growth in net sales. This was despite weakness in iPhone and Wearables sales, as well as in China. The company also declared a cash dividend. Further, in its first-quarter earnings call, Apple said it expects...
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26 days ago
Indian Regulator Denies Apple's Request To Pause Antitrust Report
Apple Inc.'s request to put on hold an investigation report that found the tech major breaching competition laws has been denied by the Indian antitrust regulator, Reuters reported citing an internal order. The Competition Commission of India or CCI has turned down the request, following which the case on Apple's app store practices on its iOS operating system will continue.
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93 days ago
Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks
The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
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96 days ago
Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake
Shares of Domino's Pizza Inc. and swimming pool supplier Pool Corp. gained significantly in the extended trading in New York on Thursday after billionaire investor Warren Buffett's Berkshire Hathaway Inc. took stake in them. In the pre-market activity, Domino's shares were moving up 8 percent and Pool shares were up 7 percent.
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103 days ago
Apple Reportedly Exits From OpenAI's $6.5 Bln Funding Round
Apple Inc. is no longer in talks to participate in an upcoming funding round for Chatbot ChatGPT maker OpenAI, which is expected to raise as much as $6.5 billion, The Wall Street Journal reported citing people familiar with the matter.
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149 days ago
FDA Authorizes Apple's OTC Hearing Aid Software
The U.S. Food and Drug Administration authorized Apple Inc.'s over-the-counter or OTC hearing aid software device, Hearing Aid Feature, a first of its kind. The tech major intends to use the new software with compatible versions of the Apple AirPods Pro headphones. The Hearing Aid Feature or HAF, once installed and customized to the user's hearing needs, enables compatible versions of the AirPods
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166 days ago
Apple, Google To Lose Billions After Defeat In EU Court Battles
The Court of Justice of the European Union, the top court in the region, on Tuesday ruled against tech major Apple Inc. over tax rulings issued by Ireland, as well as Google, owned by Alphabet Inc., over antitrust fine, which may cause the tech majors to lose billions of dollars. The Court now confirmed the European Commission's 2016 decision that Ireland granted Apple unlawful tax benefits...
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169 days ago
Apple's 'It's Glowtime' Launch Event Scheduled For Sept. 9
Apple Inc. has scheduled its upcoming launch event, titled "It's Glowtime," on September 9. The event at Apple Park, California, US, which will be livestreamed on Apple's website, is expected to launch iPhone 16 series and updates to other devices and apps. As per reports, invites have been sent for the in-person event, which is scheducled to commence at 10 AM PT.
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183 days ago
Microsoft, Apple Give Up OpenAI Board Seats
Tech majors Microsoft Corp. and Apple Inc. are dropping out of their respective seats on the Board of Directors of AI startup OpenAI, the developer of generative chatbot ChatGPT, amid the increasing regulatory scrutiny in Europe and the U.S. over generative AI, as per reports. Microsoft, OpenAI's largest investor, has quit as an observer on OpenAI's nonprofit board, a non-voting seat...
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231 days ago
