BRUSSELS, BELGIUM -  Seven tech giants, including Amazon and Apple, have informed the European Union they meet the threshold to come under landmark new rules to curb their market dominance, Brussels said on Tuesday. The firms - Google parent Alphabet, Amazon, Apple, TikTok owner ByteDance, Facebook umbrella Meta, Microsoft and Samsung...

Wall Street rises as US consumer inflation moderates.

Musk, one of the world's richest men, said that Modi was "pushing us to make significant investments in India, which is something that we intend to do, and are trying to figure out the right timing".

A new-generation Quest 3 with improved performance and slimmed design will be available later this year at a starting price of $500. Zuckerberg described the coming model as Meta's "most powerful headset yet" and promised it would provide the best wireless way to experience mixed and virtual reality.

CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical world, while allowing users to stay present and connected to others. Vision Pro creates an infinite canvas for apps that scales beyond the boundaries of a traditional display and introduces...

Chip company Nvidia exceeded $1 trillion in market value as Wall Street stocks mostly rose, following an agreement between President Joe Biden and Republican House Speaker Kevin McCarthy to avoid a US debt default. All three major indices rose, while Nvidia jumped over seven percent on its role in artificial...

The company will collaborate with US tech firm Broadcom in order to make "cutting edge" parts for wirelessly connecting to high-speed 5G telecom networks. Apple however did not specify how many billions of dollars it would be putting into the alliance, but said it is part of a commitment to...

AI has the ability to create human-sounding recordings -- at assembly-line speed -- while bypassing at least part of the services of the human professionals who for years have made a living with their voices. Many of them are already seeing a sharp drop off in business.

Foxconn blamed the plunge on weakened demand.

The scientist warned about the potential spread of misinformation created by AI, telling the media that the average person will "not be able to know what is true anymore." While AI has been used to support human workers, the rapid expansion of chatbots like ChatGPT could put jobs at risk.

Musk has bought thousands of powerful, costly computing processors and hired AI engineering talent, Insider reported, while another tech-focused outlet, the Information, said the entrepreneur has floated the idea of starting a rival to ChatGPT. Meanwhile, Musk has slashed staff at Twitter as part of dramatic cost cutting since his...

Products like the hugely successful iPhone meant Apple presided over a "wide-ranging digital ecosystem which is of great importance to competition" in Germany and worldwide, Federal Cartel Office chief Andreas Mundt said in a statement.

All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June, with programmers and software companies eager to get a jump start on providing content. Apple chief Tim Cook fueled the speculation this week in a...

Billionaire mogul Elon Musk and a range of experts called on governments to step in and impose a moratorium if companies do not pause the training of AI systems more powerful than GPT-4, for 6 months. The six months should be used to develop safety protocols, AI governance systems, and...

Cook, who is in China to attend the high-profile China Development Forum, said "Apple and China grew together," during an interview on the role of technology in education.

Dubai, UAE - Apple has lost ground in the Middle East smartphone market during 2022 to main rival Samsung, according to research by Canalys.  Samsung has enhanced its share in the smartphone market in the Middle East to 40 percent in 2022, up from 34 percent in 2021, while Apple...

The firm also announced 5,000 other roles would remain unfilled.

The proposed factory will be spread over 300 acres.

The investment will be spread over the next six years.

optimism was dealt a heavy blow Friday by data showing more than half a million new jobs were created in the United States last month, nearly double the December figure and far more than the 188,000 expected. Government figures also showed unemployment fell to the lowest level since 1969. The...

Google parent Alphabet's revenue of $76 billion in its fourth quarter and profit of $13.6 billion were below what it made in the same period a year earlier, with share prices falling more than 3 percent in after-market trade. The tech titans posted earnings as shares in Meta skyrocketed a...

"2022 was a truly dramatic year in the world. It affected financial markets and hence it also affects our global fund," said deputy chief executive Trond Grande of Norges Bank Investment Management which manages the Norwegian Government Pension Fund.

In this latest suit, prosecutors took aim at Google's extremely profitable advertising business, asking that it be broken up to level the playing field for other companies. Google's ad dealings generated more than $200 billion in sales in 2021 and is parent company Alphabet's biggest moneymaker by a wide margin.

The company formerly known as Facebook is facing increasing pressure and fines to curb its practice of delivering narrowly targeted ads to its users, a practice that brings in billions of dollars in revenue from advertisers every year.

TSMC operates the world's largest silicon wafer factories.

The world's richest person, Elon Musk opened fire on the planet's most valuable company early this week over fees and rules at the App Store, saying Apple had threatened to oust his recently acquired social media platform. Analysts told AFP the clash may have came down to money, with Musk...

A series of tweets fired off by Musk included a meme of a car with his first name on it veering onto a highway off-ramp labeled "Go to War," instead of continuing onwards towards "Pay 30%." The billionaire CEO also tweeted that Apple has "threatened to withhold Twitter from its...

The world's largest producer of oil and world's most profitable company marginally overtook Apple with a market capitalization in excess of $2.4 trillion in May 2022.

Apple and Google "have an effective duopoly on mobile ecosystems that allows them to exercise a stranglehold over operating systems, app stores and web browsers on mobile devices" to the detriment of competition, Competition and Markets Authority said. The watchdog will investigate "the way that Apple and Google dominate the...

Owing to Covid restrictions in central China, Apple has said that production at the world's largest iPhone factory has been "temporarily impacted", warning that customers will now face longer wait times. It said the curbs have affected the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility.

The tech giant's iPhone sales missed estimates

The CCI ordered Google to allow app makers to use third-party billing systems and treat rival payment processing services on equal footing. Tuesday marked the second financial penalty levied by the CCI against Google in a matter of days. Last week, the watchdog fined the company $162 million after ruling...

Android had a suite of Google apps pre-installed on its phones, including the company's own search engine, "which accorded significant competitive edge to Google's search services over its competitors", a Competition Commission of India statement said late Thursday. "Markets should be allowed to compete on merits and the onus is...

The Taiwanese tech giant Foxconn has moved to diversify beyond electronics assembly and embraced the competitive but rapidly expanding EV business, unveiling three concept cars last year.

The decision, which can be appealed, came after Brazil's justice ministry slapped a separate fine of nearly $2.5 million on Apple in September over the same issue and barred the US tech giant from selling its iPhone 12 and 13 models without chargers. The new fine -- 100 million reais...

The device was unveiled this week in Brooklyn, where representatives from the Mountain View, California giant highlighted top-flight features that can silence background noise on the phone. First introduced in 2016, the Pixel was a late-comer to the portable phone trend, arriving nearly a decade after Apple's iPhone and seven...

So far this year, Meta has identified more than 400 "malicious" apps tailored for smartphones powered by Apple or Android software and available at the Apple and Google app stores, director of threat disruption David Agranovich said during a briefing. "These apps were listed on the Google Play Store and...

Big tech platforms have been suffering from the economic climate, which is forcing advertisers to cut back on marketing budgets, and Apple's data privacy changes, which have reduced leeway for ad personalization. Snap and e-commerce colossus Amazon are among tech firms that have announced workforce cuts this year.

The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv and its allies as a "sham" -- and stepped up threats against the West. "Sham referendums held at the barrel of a gun...

The iPhone supply chain is based mainly in China but the country's zero-Covid policies and tensions with the United States have hurt production, analysts say. The California-based firm already makes older iPhone models in India via Taiwanese manufacturers such as Foxconn, which has a factory in the southern state of Tamil...

One year after a Californian court ruled in favor of Apple, the US justice department wants to have its say on Apple's antitrust tussle with Epic Games, which is due to be heard on appeal next month. The appeals court granted the department the right to send a representative to...

The General Court, however, reduced the fine to $4.1bn.

The decision by the Luxembourg-based General Court could undo or demand modifications to the landmark decision, taken by the European Commission in 2018, which remains the EU's biggest-ever antitrust fine.

In the past few years, the EU has slapped eye-watering fines on Apple and Google in tax and competition cases, and drawn up a landmark law to curb the market dominance of Big Tech. Brussels has also toughened its code of conduct on disinformation and hate speech.

The Saudi firm made $279.4bn in profit in 12 months.

Patches were released Thursday and Wednesday by the tech titan to fix what it described as a vulnerability hackers already knew about and may be taking advantage of. "Apple is aware of a report that this issue may have been actively exploited," the Silicon Valley-based company said.

The firm will sell its full range of products and spare parts.

As people are freed from pandemic lifestyles that had them relying on the internet for shopping, playing, working and learning, inflation is pushing up prices and Covid-19 is causing temporary shutdowns of factories in China relied on by tech firms.

Most stocks fell Tuesday after a Wall Street sell-off fueled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook. While some are predicting inflation may have reached its peak, oil prices continues to hold its strength, despite...

The EU said the current situation remained wasteful and that European consumers spent approximately 2.4 billion euros ($2.8 billion) annually on standalone chargers they bought separately.