Apple Inc. has recently made headlines due to a series of significant developments. The company announced the removal of its advanced end-to-end encryption feature for cloud data in the UK, following government pressure to create a backdoor for user data access. Additionally, Apple is set to release the iPhone 16e, its first update to the affordable model since 2022, now priced at $599. The tech giant is also partnering with Alibaba to integrate AI into iPhones in China amid declining sales in the region. Furthermore, Apple is expanding its services by launching the Apple TV app on Android devices.
Founded in 1976 and headquartered in Cupertino, California, Apple Inc. is a leading American multinational technology company known for designing, developing, and selling consumer electronics, computer software, and online services. It is recognized as one of the "Big Tech" companies and is best known for its flagship products, including the iPhone, iPad, Mac computers, and the Apple Watch. Apple has a reputation for innovation and quality, with a strong emphasis on user privacy and security, although recent events have raised questions about its commitment to these principles.
-
President Trump has proposed a new $5 million 'gold card' visa aimed at wealthy immigrants, replacing the EB-5 program. The initiative is expected to generate significant revenue for the U.S. government, but experts question its feasibility and potential demand. The program's details remain unclear as it awaits congressional approval.
-
President Trump criticized the CHIPS Act during a recent address, calling it a 'horrible, horrible thing.' His remarks have raised concerns among semiconductor executives and Republican lawmakers about potential funding cuts and the future of U.S. chip manufacturing. Meanwhile, Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S. facilities, aiming to bolster domestic production amid geopolitical tensions.
-
Huawei has unveiled the Pura X, a premium bi-fold smartphone featuring a 6.3-inch screen and running on HarmonyOS Next. This launch signifies Huawei's continued resilience in the smartphone market amid US technology restrictions, with the device priced at 7,499 yuan (US$1,037).
-
Authorities are alerting the public about a surge in smishing scams targeting iPhone users and toll road customers. These fraudulent texts impersonate legitimate agencies, demanding personal information or payments. Law enforcement emphasizes the importance of not engaging with these messages and reporting them instead. The FBI has noted a significant increase in such scams across multiple states.
-
During a recent meeting with Irish Taoiseach Micheál Martin, President Trump accused Ireland of exploiting low tax rates to attract US pharmaceutical companies. He expressed concerns over a trade imbalance and suggested potential changes to US tax laws to address profit shifting practices by these companies.
-
As Ramadan approaches, authorities warn of a spike in online scams targeting consumers in the UAE and beyond. Fraudsters exploit religious sentiments, offering fake contests and pilgrimage services, leading to significant financial losses. Police and cybersecurity officials urge vigilance and caution against suspicious online activities.
-
Recent leaks reveal significant design changes for Apple's upcoming iPhone 17 series and its first foldable iPhone. The iPhone 17 lineup, expected in September 2025, features new buttons and a slimmer design, while the foldable model may debut in late 2026 or early 2027 with a high price tag.
-
The European Commission has accused Apple and Google of violating the Digital Markets Act, requiring Apple to enhance interoperability for third-party devices and claiming Google unfairly favors its own services. This marks a significant enforcement step amid rising tensions between the EU and the US over tech regulations as both companies face potential fines.
-
Apple TV+ is reportedly losing over $1 billion annually despite having around 45 million subscribers. The service struggles with low viewership and high production costs, raising questions about its long-term viability in the competitive streaming market. The upcoming series 'The Studio' highlights these industry challenges.
-
Samsung Electronics is under scrutiny from shareholders due to disappointing stock performance and competition in the semiconductor market. Co-CEO Han Jong-hee acknowledged the company's struggles and outlined plans for improvement, including potential mergers and acquisitions. The company aims to regain its technological edge amid rising competition from rivals like SK Hynix and TSMC.
-
Chinese equities are experiencing a resurgence, driven by positive sentiment following AI advancements and strategic recommendations from major financial institutions. Analysts predict continued growth, although concerns about market corrections loom due to geopolitical tensions and economic uncertainties.
