(Reuters) – Apple Inc (AAPL.O) has asked suppliers to make at least 75 million 5G iPhones for later this year, along with new Apple Watch models, a new iPad Air and a smaller HomePod, Bloomberg News reported on Tuesday. The company expects shipments of these n... More »
SHANGHAI (Reuters) – Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co., Ltd., also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging it has infringed on its patents. The company is calling for 10 billion... More »
SHANGHAI (Reuters) – Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite the country’s recovery from the corona... More »
HANOI (Reuters) – Vietnam’s VinSmart, a unit of Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm, Vingroup said on Monday. The model, Vsmart Aris 5G, is equipped with a Snapdragon 765G 5G module platform and a quantum sec... More »
BERLIN (Reuters) – Germany on Tuesday becomes the latest European country to launch a smartphone app that seeks to break the chain of coronavirus infection by tracking encounters between people and issuing a warning should one of them test positive. A growing ... More »
SHANGHAI (Reuters) – Smartphone shipments from China’s factories to vendors rose 17% in April compared to the same month a year ago, according to government data released on Tuesday. The numbers suggest an early domestic rebound for smartphone makers such as A... More »
CHAMBLON, Switzerland (Reuters) – In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users’ privacy. Switzerland hopes to launch the app on May 1... More »
BERLIN (Reuters) – Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries. Countries ... More »
MILTON KEYNES, England (Reuters) – A fleet of robots on wheels that deliver shopping in the English town of Milton Keynes have seen their popularity surge as residents are stuck indoors due to the coronavirus lockdown. The robots, which come up roughly to an a... More »
SEOUL (Reuters) – The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened con... More »
SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. The Asia... More »
LOS ANGELES (Reuters) – Oprah Winfrey said on Thursday she was donating $10 million to coronavirus relief efforts, including a new venture to help get food to vulnerable Americans during the coronavirus epidemic. Winfrey, one of America’s richest and most infl... More »
NEW YORK (Reuters) – Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback. U.S. stocks are down sharply from the record ... More »
BEIJING (Reuters) – Tens of thousands of ethnic Uighurs were moved to work in conditions suggestive of “forced labor” in factories across China supplying 83 global brands, an Australian think tank said in a report released on Sunday. The Australian Strategic P... More »
OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.... More »
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc (AAPL.O) enabled the conglomerate to smash its old record for full-year earni... More »
(Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his an... More »
RIYADH (Reuters) – Leading world economies must show unity in dealing with aggressive “tax optimization” by global digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), G20 officials said on Saturday. The Organisation for Economic Cooperat... More »
TAIPEI (Reuters) – Taiwan’s Foxconn has received approval to resume production at a plant in the northern Chinese city of Zhengzhou that had been shuttered due to a coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday. Abou... More »
NEW DELHI (Reuters) – Taiwan’s Wistron Corp plans to assemble printed circuit boards (PCBs) for iPhones at its new plant in southern India, two sources said, highlighting Apple Inc’s push to expand manufacturing in the world’s second-biggest smartphone market.... More »
SEOUL (Reuters) – Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean f... More »
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines wil... More »
(Reuters) – Apple Inc (AAPL.O) executives met James Bond franchise-owner MGM Holdings Inc and the collegiate athletic conference Pac-12 earlier this year as part of its efforts to boost the Apple TV service, the Wall Street Journal reported on.wsj.com/2PEGhH7 ... More »
WASHINGTON (Reuters) – The “phase one” U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is “totally done” despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on ... More »
BERLIN (Reuters) – Trade union Verdi called for workers at a key Amazon (AMZN.O) logistics center in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and conditions for workers there. Unions have staged repeat... More »
WASHINGTON (Reuters) – The chair of a U.S. congressional panel wrote to Alphabet’s (GOOGL.O) Google and to Apple (AAPL.O) on Friday to ask what if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chine... More »
LONDON (Reuters) – Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s plan for its Libra “stablecoin” faces scrutin... More »
(Reuters) – Apple Inc (AAPL.O) is “taking a deeper look at how we handle disputed borders” after it referred to the Russian-annexed Crimean Peninsula as part of Russia in its Maps and Weather apps for Russian users, a company spokeswoman told Reuters on Friday... More »
(Reuters) – Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, C... More »
(Reuters) – Apple Inc is delaying the planned December movie theater release of movie “The Banker,” one of its first original films, a source close to the company said on Friday, amid ongoing concerns about the period drama. The movie’s debut on Apple’s newly ... More »
(Reuters) – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing deals to include their songs on its new music subscription service, the Financial Times reporte... More »
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung El... More »
SAN FRANCISCO (Reuters) – The international police organization Interpol plans to condemn the spread of strong encryption in a statement Monday saying it protects child sex predators, three people briefed on the matter told Reuters. At the group’s conference i... More »
HANGZHOU, China (Reuters) – Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year. The f... More »
(Reuters) – Apple Inc (AAPL.O) co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker’s credit card, fuelling scrutiny of the newly launched Apple Card. The criticism started on T... More »
BENGALURU (Reuters) – A probe into Goldman Sachs Group Inc’s credit card practices has been initiated after tweets from a tech entrepreneur alleged gender discrimination in the new Apple Inc card algorithms that are used to determine credit limits. In a series... More »
LA PAZ (Reuters) – With political tension mounting in Bolivia over contested elections, Apple Inc’s Siri appeared on Wednesday to briefly take the side of anti-government protesters often terming long-standing President Evo Morales a “dictator.” Asked in Spani... More »
BEIJING (Reuters) – The founder of China’s smartphone maker Smartisan Technology has been barred from taking flights and high-speed railway trains due to the company’s failure to comply with court rulings from a contractual dispute, a local court document show... More »
WASHINGTON (Reuters) – Apple Inc asked the Trump administration to waive tariffs on Chinese-made Apple Watches, iPhone components and other consumer products, according to company filings with the U.S. Trade Representative’s Office. The company on Thursday sou... More »
LONDON (Reuters) – Jennifer Aniston returns to television on Friday in “The Morning Show”, an original show for Apple Inc’s new subscription video service, in which the actress reunites with her “Friends” sister Reese Witherspoon. In the 10-episode program, An... More »
LOS ANGELES (Reuters) – Apple TV+, the iPhone maker’s entry into the crowded streaming TV market, debuts on Friday as the first “all-original” subscription video service, according to Apple Inc (AAPL.O) Chief Executive Tim Cook. All of the programming is origi... More »
LOS ANGELES (Reuters) – Apple Inc (AAPL.O) unveils its streaming entertainment service, Apple TV+, in more than 100 markets on Friday. The offering will be free for a year for anyone who buys any new iPhone, iPad, Apple TV, Mac or iPod touch. The cost for othe... More »
NEW YORK (Reuters) – Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in from many of the sector’s biggest corporations. But below the surface, the es... More »
LOS ANGELES (Reuters) – Apple Inc is jumping into the streaming video wars with a series that explores accusations of sexual misconduct at a fictional morning television news show, a story that tackles issues brought to life over the past two years of the #MeT... More »
(Reuters) – Streaming video leader Netflix Inc is planning to release around 62 new original productions, including films, series, documentaries, and comedy specials, from October to December as it braces for the debut of rival services from Apple Inc and Walt... More »
TOKYO (Reuters) – Apple Inc (AAPL.O) supplier Japan Display Inc (6740.T) said it aims to clinch a deal for least 50 billion yen ($468 million) in vital funding by the end of the month, having had to scramble after a Chinese investor group suddenly pulled out o... More »
(Reuters) – Apple Inc plans to give its feature-length film productions extended theatrical releases before making them available on its streaming TV service, the Wall Street Journal reported on Friday. Citing people familiar with the matter, the Journal said ... More »
NEW YORK (Reuters) – The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity readings in Europe deepened fears of a looming recession there. Bond yields across the euro ... More »
NEW YORK (Reuters) – Apple TV+ premiered its first show at the Tribeca TV Festival on Saturday, flaunting feminist snark, lavish period costumes and a star-studded cast in “Dickinson,” a series that sheds a modern light on the life of an iconic American poet. ... More »
(Reuters) – Apple Inc (AAPL.O) said on Friday that Walt Disney Co (DIS.N) Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.... More »
WASHINGTON (Reuters) – A U.S. House of Representatives panel on Friday demanded internal emails, detailed financial information and other company records from top executives of Amazon.com Inc., Facebook Inc, Apple Inc, and Alphabet Inc’s Google, widening the a... More »
(Reuters) – The U.S. House Judiciary Committee on Friday requested information from Apple Inc Chief Executive Tim Cook as part of an investigation of competition in digital markets. The lawmakers in a letter sought information related to Apple’s App Store, whi... More »
(Reuters) – Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company’s plans to account for the trial of its new streaming service Apple TV+ will have a “material negative impact” on its results. “We do not expect the introducti... More »
HANGZHOU, China/SEOUL (Reuters) – Apple Inc’s (AAPL.O) new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available. The iPhone 11, launched o... More »
CUPERTINO, Calif. (Reuters) – Apple Inc (AAPL.O) caught up with hardware rivals on Tuesday by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney and Netflix. The announcements came at the compan... More »
(Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on Sunday, escalating the trade war between the world’s two largest economies with a big hit to consumer goods. Trump has targeted some $300... More »
SHANGHAI (Reuters) – Contract chipmaker GlobalFoundries has sued larger rival Taiwan Semiconductor Manufacturing Co (TSMC) for patent infringement, seeking to stop the defendant’s customers including Apple from importing affected products to the United States ... More »
(Reuters) – President Donald Trump said on Sunday that he had spoken with Apple Inc’s Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd. Trump said Cook “mad... More »
VIENNA (Reuters) – Austrian sensor specialist AMS (AMS.S) triggered a bidding war for Osram (OSRn.DE) on Sunday, saying it was ready to pay $3.8 billion for the German lighting group’s shares, 10% more than finance investors Bain Capital and Carlyle (CG.O) hav... More »
DONGGUAN, China/HONG KONG (Reuters) – Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm’s access to U.S. technologies such as An... More »
WASHINGTON/PARIS (Reuters) – U.S. President Donald Trump threatened to tax French wines on Friday in retaliation for France’s recent proposal to levy a tax aimed at big U.S. technology companies. Trump had told French President Emmanuel Macron last week that h... More »
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on parts made in China for its Mac Pro computer and later added he thought the firm would build a plant in Texas. “Apple will ... More »
NEW YORK (Reuters) – ROXi Music, the makers of the home-based music streaming device ROXi, said it had chosen investment bank Arden Partners as it prepares for an initial public offering in the fourth quarter of 2019. The offering is aimed at the alternative i... More »
SEOUL (Reuters) – South Korea’s President Moon Jae-in has urged Japan to withdraw export controls on high-tech materials bound for South Korea as a row over forced wartime labor threatened to disrupt global supplies of South Korean memory chips and smartphones... More »
TOKYO/SEOUL (Reuters) – Japan will tighten curbs on exports of high-tech materials used in smartphone displays and chips to South Korea amid a growing dispute over South Koreans forced to work for Japanese firms during World War Two, the industry ministry said... More »
WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because that will include tech products, game consoles, toys, cribs, orname... More »
WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remai... More »
LONDON (Reuters) – London-based technology companies attracted a record 2.56 billion pounds ($3.26 billion) in venture capital in the first six months of 2019, more than twice as much as those in Berlin, the Mayor of London’s investment agency said on Monday. ... More »
(Reuters) – Two app developers on Tuesday sued Apple Inc over its App Store practices, making claims similar to those in a lawsuit brought by consumers that the U.S. Supreme Court recently allowed to proceed. California-based app developer Donald R. Cameron an... More »
(Reuters) – Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about ca... More »
HONG KONG/SHANGHAI (Reuters) – China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Smartphone sh... More »
(Reuters) – Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday. After dumping shares of Facebook Inc, Apple Inc, Amazon.com... More »
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos. The size of the investment ... More »
TOKYO (Reuters) – Japan Display Inc said on Monday that a planned investment of up to 80 billion yen ($729.33 million) from a Chinese-Taiwanese group will be delayed as the investor group wants to reassess the ailing display maker’s business. The investment is... More »
WASHINGTON (Reuters) – President Donald Trump said on Sunday that the United States is “right where we want to be with China,” adding that Beijing “broke the deal with us” and then sought to renegotiate. “We will be taking in Tens of Billions of Dollars in Tar... More »
TAIPEI (Reuters) – iPhone assembler Foxconn is poised to nominate its chip unit head as group chairman to succeed Taiwan presidential hopeful Terry Gou, in what is internally seen as a surprise move, two people with direct knowledge of the matter said. Liu You... More »
WASHINGTON (Reuters) – U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the Chinese-made Autopilot “brain” of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to ... More »
(Reuters) – Apple Inc brought in Oprah Winfrey, Steven Spielberg, Jennifer Aniston and Jason Momoa to talk up its new television streaming service at a Hollywood-style event on Monday marked by standing ovations, hugs and soaring rhetoric. The event ended almo... More »
NEW YORK (Reuters) – Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals. The Apple ... More »
(Reuters) – Apple Inc unveiled its Apple TV+ original content streaming service and Apple TV Channels subscription service on Monday without a price tag, making it difficult to evaluate how the new ventures will stack up to Netflix Inc and other competitors. T... More »
SAN FRANCISCO/LOS ANGELES (Reuters) – Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPho... More »
(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert ... More »
BEIJING (Reuters) – Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. “We encourage China to continue to open u... More »
(Reuters) – Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters. The iPhone maker is banking on growing its services business to offset a dip in smartphone sales. W... More »
BEIJING (Reuters) – Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Didi Chuxing. Chongqing Changan Automobile s... More »
(Reuters) – The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large study funded by Apple Inc (AAPL.O), demonstrating a potential future... More »
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last ye... More »
(Reuters) – Apple Inc on Thursday responded to Spotify Technology SA’s complaint with EU antitrust regulators, saying the audio streaming service “wants all the benefits of a free app without being free”. Spotify, launched a year after Apple unveiled its first... More »
PARIS (Reuters) – A three percent tax on the French revenue of large internet companies could yield 500 million euros (568.5 million pounds) per year, French Finance Minister Bruno Le Maire said on Sunday. Le Maire told Le Parisien newspaper the tax is aimed a... More »
WASHINGTON (Reuters) – The White House on Wednesday is hosting major chief executives who joined a Trump administration advisory board on workforce issues. Last month, the White House said the chief executives of Apple Inc, Walmart Inc, IBM Corp, Lockheed Mart... More »
HONG KONG (Reuters) – Apple Inc supplier AAC Technologies Holdings Inc saw its shares dropped 13 percent on Tuesday after the acoustic component maker said it expected first-quarter net profit to fall as much as 75 percent due to reduced orders. The Hong Kong-... More »
NEW DELHI (Reuters) – India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline set by the two countries to achieve a trade deal. Asked during an event in the Oval Office whether there wou... More »
TOKYO (Reuters) – Nikon Corp said Foxconn Technology Group had requested to delay the instalment of equipment at the Taiwanese firm’s new liquid crystal display (LCD) plant in the southern Chinese city of Guangzhou. Comments from the Japanese equipment maker c... More »
WASHINGTON (Reuters) – U.S.-China trade talks will reach a pivotal phase this week when Chinese Vice Premier Liu He comes to Washington for negotiations with his U.S. counterparts, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven ... More »
FRANKFURT (Reuters) – Chip designer Dialog Semiconductor said on Monday that it managed to hit its fourth-quarter revenue guidance despite a slump in iPhone sales at its main customer Apple. Shares in the Anglo-German company jumped 4 percent as investors cred... More »
(Reuters) – U.S. stock futures dropped on Monday, after data showed China’s exports unexpectedly shrank the most in two years, raising fears of a sharper slowdown in global economic growth and its impact on corporate profits. About 35 S&P 500 companies are exp... More »
SAN JOSE, California (Reuters) – Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the market, Qualcomm’s chief executive testified on Frida... More »
BEIJING (Reuters) – Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoide... More »
MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »
