BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s lives. The iPhone maker reached the $2 trillion milestone in Wednesday’s early stock market trading when […]
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For millions of people in the U.S. who use the Chinese app WeChat, it’s a lifeline to friends, family, customers and business contacts in China. That lifeline is now under attack by an executive order from President Donald Trump that could ban the app in the U.S. as early as mid-September, potentially severing vital relationships. […]
The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology. “We don’t want their equipment in the United States because they spy on us,” Trump told Fox News on Monday. “And any country that uses it, we’re not going to […]
CANBERRA, Australia (AP) — Google warned on Monday that the Australian government’s plans to make digital giants pay for news content threatens users’ free services in Australia and could hand users’ data to media organizations. The U.S.-based company’s warning, contained in what it called an “Open letter to Australians,” comes a week before public consultations […]
WASHINGTON (AP) — President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States. Trump’s executive order said there is “credible evidence that leads me to believe that ByteDance … might take action that threatens to impair […]
NEW YORK (AP) — Apple and Google dropped the popular game Fortnite from their app stores after the game’s developer introduced a direct payment plan that bypasses their platforms. Apple and Google both take a 30% cut from in-app revenue purchases in games, which has long been a sore spot with developers. Fortnite is free, […]
For the first time, Airbnb is taking legal action against a guest for violating its ban on unauthorized parties. The San Francisco-based home sharing company said Wednesday it is initiating legal proceedings against a guest who held an unauthorized party at a home in Sacramento County, California, last weekend. Three people were shot and wounded […]
SAN FRANCISCO (AP) — A federal appeals court has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple. The 3-judge panel unanimously sided with the San Diego chipmaker in tossing out a district court’s earlier ruling on a lawsuit […]
SACRAMENTO, Calif. (AP) — A judge on Monday ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, a shift that would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling gig economy. But the ruling from San Francisco […]
BEIJING (AP) — Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, in a sign of growing damage to Huawei’s business from American pressure. Huawei Technologies Ltd., one of the […]