Search results for "Apple and Amazon"

Wall Street Ends Sharply Higher, Lifted by Meta and Apple

Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]

Workers at Atlanta Apple store file to hold first U.S. union election

Workers at an Apple Inc store in Atlanta on Wednesday filed a petition to hold a union election, seeking to become the company’s first U.S. store to unionize amid a wave of labor activity at other major firms. The effort at the Apple store in Cumberland Mall is backed by the Communications Workers of America, […]

The Ascent of Apple’s $3 Trillion Valuation

In its intraday trading on Monday, Apple became the first to reach a $3 trillion valuation when its shares hit $182.86 per share, followed by a dire drop below its milestone, as the company seeks out to fortify its capital reign on the market. The Big Tech giant welcomes the new year with hopes of […]

Italian competition watchdog fines Apple, Amazon $225M

Italy’s antitrust watchdog has fined Apple and Amazon a total of more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules. An investigation found that provisions in a 2018 agreement between the U.S. tech giants limited access to […]

U.S. Congress examines Amazon testimony, Senate introduces bill

Members of the U.S. House Judiciary Committee confronted Sunday Amazon’s lead executives in a letter accusing them of misleading the Congress and potentially lying about the e-commerce giant’s business habits. The letter, signed by five Committee members, is taking into consideration “whether a referral of this matter to the Department of Justice for criminal investigation […]

China crackdown on Apple store hits holy book apps, Audible

Amazon’s audiobook service Audible and phone apps for reading the holy books of Islam and Christianity have disappeared from the Apple store in mainland China, the latest examples of the impact of the country’s tightened rules for internet firms. Audible said Friday that it removed its app from the Apple store in mainland China last […]

Apple, Google raise new concerns by yanking Russian app

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most […]

U.S. Senators bill fixates on Apple’s App Store

U.S. Senate introduced on Wednesday its latest bill directed at tech powerhouses Google and Apple to restrain their app stores’ influence on the market. The “Open App Market Act,” initiated and sponsored by senators Richard Blumenthal, Amy Klobuchar, and Marsha Blackburn would play a restrictive role in some of the largest app marketplaces, which according […]

Apple unveils Magsafe wireless battery for the iPhone 12 lineup

Apple has launched on Tuesday MagSafe wireless battery for its iPhone 12 lineup at the price of $99, the company announced on its website.   The new battery will work with all four of the phones in the iPhone 12 family —iPhone 12, iPhone 12 Mini, iPhone 12 Pro, and iPhone 12 Pro Max.  The MagSafe battery pack attaches magnetically to the back of one of the ‌iPhone 12‌ models, […]