Apple - Page 4

An original, factory-sealed 4GB iPhone 1 recently sold at auction for a staggering $190,372.80. The phone sold for $499 when released in 2007.

In an attempt to tap into a vast new market, Facebook (now known as Meta) is in discussions with Tencent, the world’s largest video game publisher, to introduce its Quest VR headset to China. Mark Zuckerberg’s company reportedly faces an uphill battle in selling its wares in the communist country.

Apple has made history by becoming the first publicly traded company to close a trading day with a market capitalization of $3 trillion. The iPhone giant has flirted with the landmark valuation in the past, but failed to achieve the market at the close of trading until Friday.

The crash detection feature on iPhones, which is supposed to contact emergency services if it detects that the smartphone has been in a car accident, has been implicated in a dramatic increase in bogus emergency calls during the recent Bonnaroo Music Festival in Coffee County, Tennessee. First responders noted that false emergency calls quintupled during the festival, caused by iPhones that equated dancing with car crashes.

Google has reportedly been charged with violating European Union antitrust laws. The charges, filed by EU regulators, accuse Google of leveraging its dominance in online advertising to undercut competition, marking the fourth such accusation against the company in recent years.

Apple’s big reveal at its annual Worldwide Developer’s Conference (AWDC), an augmented reality (AR) headset with some eye-catching features called the Apple Vision Pro, drew mockery on social media for its high price tag of $3,500.

Foxconn Technology Group on Monday announced a slew of new perks and bonuses for employees at its massive iPhone component factory in Zhengzhou, China.

Apple has placed restrictions on its employees’ use of generative AI tools like OpenAI’s ChatGPT and GitHub’s Copilot, citing data security concerns. According to an internal communication, Apple believes that “Generative AIs, while powerful, can potentially collect and share confidential data, leading to a breach of our security protocols.”

The DOJ announced on Tuesday that Apple software engineer Weibao Wang has been indicted on charges of stealing crucial autonomous technology from the tech giant for a Chinese self-driving car company.

Taiwan-based electronics manufacturer Foxconn, a principal supplier of components for the Apple iPhone, announced Tuesday it will purchase a large parcel of land near the Indian tech hub of Bengaluru.

Apple co-founder and computing legend Steve Wozniak has issued a warning about the potential for artificial intelligence to make scams and hoaxes more challenging to identify, urging for clear labeling and regulation of AI-generated content.

New York City Mayor Eric Adams (D) recently encouraged residents to use Apple AirTags to help combat the city’s surging car theft numbers. New York City Police Department Chief Jeffrey Maddrey added to the Mayor’s message, tweeting: “Help us help you, get an AirTag.”

Apple is venturing further into the health and wellness sector with the development of an AI-powered health coaching service, codenamed Quartz, and the expansion of its health app to include new features aimed at tracking emotions. Tim Cook’s creepy vision of the future includes your iPhone determining your mood based on analyzing your speech, typed words, and other data from their devices.

Tech giant Apple has been accused of stealing technology from smaller companies by more than two dozen executives, inventors, investors, and lawyers. Incredibly, Apple claims it is the victim. A spokesperson said, “The truth is, these companies are blatantly copying our products or stifling competition by using invalid patents.”

A recent investigation by cybersecurity researchers has exposed the misuse of hacking tools sold by little-known Israeli vendor QuaDream. The company’s “Reign” hacking tool seems to be as powerful as the better known “Pegasus” hacking tool made by NSO Group.

Computer manufacturers have suffered a double-digit decline in sales for the first quarter with analysts expecting a recovery in late 2023 and 2024. Multiple analysts reported a 30 percent or higher decline in global desktop and laptop shipments year-over-year. Apple suffered the largest decline of more than 40 percent.

A recent survey has revealed a lukewarm reception for Virtual Reality (VR) devices amongst U.S. teenagers despite significant investment in the industry from the Big Tech Masters of the Universe.

A Texas man used an Apple AirTag to successfully track down the person who allegedly stole his truck, and then killed him, police say.

Indian commerce minister Piyush Goyal told attendees at an industry event on Tuesday that his country had surpassed $740 billion in goods and services exports, a record significantly higher than the $500 billion in exports that India documented between 2020 and 2021.

Apple has launched its “Apple Pay Later” feature that will allow users to pay for purchases in multiple installments. The service encourages Americans to take on more debt with loans for items from $50 to $1,000.

Apple CEO Tim Cook praised his company’s “symbiotic relationship” with China during his first visit to the communist country since the Chinese coronavirus pandemic plagued the world.

Silicon Valley giant Apple has implemented a stricter hybrid work policy in an effort to reduce costs and streamline its workforce. Tim Cook’s company is now actively tracking its in-person attendance schedule and warning employees that attempt to shirk the requirement to work in the office several days a week.

Russian officials have been told to get rid of their iPhones by the end of March, over security concerns, reports in local media claim.

Taiwan-based Apple supplier Foxconn Technology signed a record-breaking deal with India’s southern state of Telangana to manufacture electronics on Thursday.

Apple blocked an update for an app powered by the AI chatbot ChatGPT, as concerns grow over the harm that could result from AI especially for underage users.

Apple has added a “Clean Energy Charging” feature to its latest iOS update, with many users complaining of slower charging times on their devices. The change is part of the company’s obsession with green policies but can be disabled to restore full charging capabilities.

Tech giant Apple, known for its iPhones and iPads, reportedly has a secret project underway that could change the way people monitor their blood glucose levels. The tech giant is developing a noninvasive blood glucose monitor in a form similar to an Apple Watch that can monitor the glucose level of diabetics without having to draw blood.

Many employees at Facebook (now known as Meta) are reportedly expecting more job cuts at Mark Zuckerberg’s company following the latest round of employee performance reviews in which thousands of workers received subpar ratings.

House Judiciary Committee chairman Rep. Jim Jordan (R-OH) subpoenaed five big tech CEOs Tuesday for documents related to their companies’ censorship practices and to what extent, if any, those practices involved the U.S. government.

Smart speaker maker Sonos recently posted strong earnings for the first quarter of 2023. During its earnings call with investors, the company’s CEO mocked its main competitors Amazon, Apple, and Google for failing to do “anything interesting” in the audio market.

Tech giant Apple recently released its quarterly earnings report, with results falling short of analysts’ predictions. There is no question where Apple places the blame for its lackluster earnings — during the earnings call, CEO Tim Cook and CFO Luca Maestri mentioned a variation of the phrase “challenging economy” seven times.

A number of “pig-butchering” scam apps have reportedly made their way onto Apple’s App Store and the Google Play Store, leaving users vulnerable to scammers.

The National Labor Relations Board (NLRB) has accused Apple of imposing policies on employees that are illegal and violate workers’ rights to engage in collective action.

According to reports, Elon Musk’s Twitter is preparing to enter the payments industry. Elon Musk’s aim of turning Twitter into an “everything app” would be moved forward by the ability to send payments and potentially cryptocurrency along with tweets and DMs. 

Spotify and eight other app developers and associations have sent a letter to Margrethe Vestager, the executive vice president of the EU Commission, urging her to take legal action against Apple’s app distribution methods. The letter states that “Apple benefits from a monopoly position over its mobile ecosystem and extracts exorbitant rents from app developers who have no choice but to remain on the App Store to reach European consumers.”

Apple has slashed CEO Tim Cook’s pay by 40 percent following a recent shareholder vote questioning his massive compensation package. Cook’s pay will be more closely tied to Apple’s stock performance, which was weak in 2022.