INSEAD-Day

Apple

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • Paris, France - Apple will update software on iPhone 12 handsets across the EU to lower the power of their radio transmitters, it said Monday, after Brussels confirmed the device does not meet health standards. The software update, scheduled "in the coming weeks" across the EU, is in line with...
  • Apple to invest additional $100 bn in US: White House

    Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, a senior White House official said Wednesday. The announcement, which was first reported by US media, will be officially made later Wednesday at...
  • Apple under pressure to shine after AI stumble

    Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC) kicking off Monday in Silicon Valley.
  • Trump expands Apple tariff threat to all smartphones

    Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company...
  • Trump threatens Apple with a 25% tariff if iPhones aren’t made in US

    Washington, United States -- US President Donald Trump on Friday threatened Apple with a 25 percent tariff if the iPhones the company sells in the United States are not manufactured locally. In a post on Truth Social Trump said he had "long ago informed Tim Cook of Apple that I...
  • Xiaomi launches new advanced in-house mobile chip

    Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one...
  • Trump says urged Apple to manufacture in US not India

    Doha, Qatar - US President Donald Trump said Thursday he urged Apple to manufacture its products in the United States instead of India, where the US tech giant has said it would be shifting production after US tariffs on China. "I had a little problem with Tim Cook," Trump said,...
  • Apple expects $900 million hit from tariff war

    Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and were disrupting its supply chain.
  • US exempts several consumer electronics from Trump’s import tariffs

    Washington, United States -- The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs -- offering relief to US tech firms and partially dialling down a trade war with China. A notice late Friday by the US Customs and Border Protection office said smartphones, laptops,...
  • ‘Something is rotten’: Apple’s AI strategy faces doubts

    New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts blew out into the open when one of the company's closest observers, tech analyst John Gruber, earlier this month gave a blistering critique in a blog post titled "Something Is...
  • EU skewers Google, Apple over tech rules – despite Trump threats

    The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices.
  • Government chiefs and tech leaders gather in Paris for AI summit

    Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping to find common ground on a technology with the potential to upset global business and society
  • Apple unveils new iPhone built for AI, looks to boost sales

    Cupertino, United States - Apple on Monday unveiled new iPhones built for generative artificial intelligence as it seeks to boost sales and show it is keeping up in the technology race. The tech giant has a lot riding on the new iPhone 16 and hopes that customers are enticed to buy...
  • Apple in talks to invest in OpenAI, creator of ChatGPT: report

    Washington, United States - iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence, a news report said Thursday. According to the Wall Street Journal, the company founded by Steve Jobs is at the funding table as OpenAI raises...
  • Apple makes changes to App Store after EU warning

    From the autumn, Apple said developers in the EU "can communicate and promote offers for purchases" wherever they want, for example, via an alternative app marketplace. But in Thursday's announcement, Apple said the changes mean developers will have a new fee structure for customers linking out of an app for...
  • Apple holds talks with rival Meta

    The company to integrate Meta's generative AI into its products.
  • OpenAI reveals new GPT-4o model that is faster and free for all users

    OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with an updated user interface, the company’s latest effort to expand the use of its popular chatbot, CNBC reported. The tech company said the new flagship model 'is the future of interaction between ourselves and the...
  • Apple’s latest iPad signals the company’s AI-powered future

    San Francisco, United States - Apple on Tuesday announced a line of new iPad tablets revamped with a powerful AI chip that signaled the company is ready to introduce artificial intelligence across its devices. The latest version of the iPad Pro uses a new chip called the M4, which is stronger...
  • Apple explores making personal robots

    It is working on a robot that may be helpful to people.
  • European Union probes Apple, Google, Meta under new digital law

    Among six firms named as market "gatekeepers" under the EU's landmark Digital Markets Act -- along with Amazon, TikTok owner ByteDance and Microsoft -- the companies have been obliged to comply with the new law since March 7.
  • Meta, Microsoft slam Apple over app store policy

    The four companies filed a rare joint amicus brief in a California court in charge of applying a ruling that Apple must allow companies to link to alternative payment options outside the app store for iPhone users. That ruling was stemmed from a 2020 lawsuit by video gaming giant Epic...
  • Nvidia unveils ‘superchips’

    The company also announced other AI developments.
  • Foxconn net profit jumps 33%

    Its net profit for October-December rose to US$1.6bn.
  • US House of Representatives overwhelmingly passes TikTok ban bill

    The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the Apple and Google app stores in the US. The lawmakers voted 352 in favor of the proposed law and 65 against, in a rare moment of bipartisan unity in politically...
  • European Union slaps $1.9bn fine on Apple over violation of rules

    Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing European users from accessing information about alternative, cheaper music streaming services. The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by...
  • Apple’s changes contradicts European rules, 34 firms complain

    Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules in the bloc, 34 digital organizations complained to the European Commission this week. They include app makers Epic Games and Spotify. "We are very concerned that Apple’s proposed scheme for...
  • Apple drops electric car plans

    It had dedicated nearly 2,000 workers for the program.
  • Manufacturers pack smartphones with AI tools to boost sales

    Barcelona, Spain - Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand. The trend was on display at the telecom industry's biggest annual show, the four-day Mobile World Congress (MWC) which got...
  • Chip giant TSMC shifts to Japan

    The company produces half the world's chips.
  • Google AI research hub in Paris to host 300 experts

    The new hub part of a trend for big tech firms to base teams in European centers.
  • EU excuses Apple and Microsoft products from tougher tech curbs

    Brussels, Belgium - Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans do business, the European Commission said on Tuesday. From next month, the world's biggest digital firms, identified as "gatekeepers" by the EU, must comply with strict do's and don'ts under...
  • Most markets advance after tech titans fuel Wall Street surge

    Shares in Amazon, Apple and Facebook owner Meta all climbed during Thursday's session. All three companies were due to report results after the market closed
  • Apple logs US$119.6bn in sales

    But its sales in China dropped during October to December.
  • Pegasus used in Jordan to spy on key figures, says report

    Paris, France - Hackers have used the notorious Pegasus spyware to break into the phones of dozens of journalists and activists in Jordan over the past four years, according to the findings of an investigation released Thursday. The Access Now NGO highlighted 35 cases of hacking that date back to 2019,...
  • Global stock markets swing ahead of Fed’s latest rate decision

    "Markets are eagerly anticipating today's meeting from the Federal Reserve with traders looking for signs over whether a March rate cut is plausible," said Joshua Mahony, chief market analyst at Scope Markets.
  • Microsoft revenue surges

    The company said sales leaped to $62 billion in Q3.
  • Apple to make changes to App Store in Europe

    iPhone users can download alternative app stores.
  • Mac computers could reach new glory due to AI

    SAN FRANCISCO, US - Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI computing -- or be left behind. Apple launched the Macintosh in 1984 with a history-making television ad pitching the machine as an anti-establishment blow against a...
  • Fit at 40: the revolutionary Apple Mac in numbers

    Paris, France - Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a user-friendly mouse and graphical interface that helped the machines enter the everyday lives of people for the first time. Jobs, playing the showman inventor to perfection in a black suit...
  • Samsung’s AI pivot

    Part of the company's bid to reclaim smartphone throne.
  • Apple loosens grip on iPhone apps

    Apple will permit developers to include buttons or links in apps.
  • Chinese experts decode Apple’s encrypted AirDrop messaging

    Beijing, China - Chinese state-backed experts have found a way to identify people who use Apple's encrypted AirDrop messaging service, according to the Beijing municipal government. AirDrop allows users to send content to Apple devices in close proximity without an internet connection, encoded so they cannot be viewed by other people....
  • EU examines Microsoft large investment in OpenAI

    Brussels, Belgium - The EU, racing to regulate the fast-moving world of artificial intelligence, said on Tuesday it has started a preliminary study of Microsoft's multi-billion-dollar investment in ChatGPT developer OpenAI to see if it could be a disguised merger. The early-level examination is "checking whether Microsoft's investment in OpenAI might...
  • CES gadget fest a showcase for AI-infused lifestyle

    The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies big and small hosted previews for the press through Monday, with AI an oft repeated mantra as they pitched products promising better lives.
  • Apple’s Vision Pro headset available in US on February 2

    WASHINGTON, US - Apple on Monday said it will release its highly anticipated Vision Pro mixed reality headset in the United States on February 2, in its first major release since the Apple Watch in 2015. Announced in June, the Vision Pro will cost a hefty $3,499 before tax, more than...
  • Asia stocks track global losses as traders step back after rally

    Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data. Equities surged in...
  • India targets leading journalists with Pegasus spyware: Amnesty

    "Our latest findings show that increasingly, journalists in India face the threat of unlawful surveillance simply for doing their jobs, alongside other tools of repression including imprisonment under draconian laws, smear campaigns, harassment, and intimidation," said Donncha O Cearbhaill, Head of Amnesty International's Security Lab.
  • Apple to appeal US watch ban

    The company contends that the ITC finding was in error.
  • US bans import of Apple Watch due to patent clash

    A US import ban on certain Apple smartwatch models came into effect, after the Biden administration opted not to veto a ruling on patent infringements. The United States International Trade Commission (ITC) decided in October to ban Apple Watch models over a patented technology for detecting blood-oxygen levels.
  • EU seeks critical details from Apple and Google on digital safety

    Brussels, Belgium - The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning their respective software hubs, the App Store and Google Play. The request for information is the first step in a process begun under the EU's Digital Services Act (DSA), but...
  • Foxconn to invest $1.54bn more in India

    The firm announced in May to purchase land for $37 million in India.