Apple

June 24, 2024 4:16 PM

Apple charged with breaching EU tech rules, faces another probe

European Union antitrust regulators charged on Monday that Apple breached the bloc's tech rules, a charge that could result in a hefty fine for the iPhone maker which also faces another investigation into new fees imposed on app developers. The European Commission, which is also the EU's antitrust and technology regulator, said it had sent its preliminary findings to Apple following an investigation launched in March. The charge against Apple is the first by the Commission under its landmark D...

June 13, 2024 1:43 PM

AI-powered Apple overtakes Microsoft as world’s most valuable company

Apple once again became the world's most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology. Its shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion. Microsoft's market capitalization stood at $3.24 trillion, falling behind Apple for the first time in five months. The stock surge comes as the tech-heavy Nasdaq hit a record high on fresh signs of ...

June 12, 2024 2:16 PM

How Apple used Google’s help to train its AI models

On stage on Monday CEO Tim Cook's Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri. But in the fine print of a technical document Apple published after the event, the company makes clear that Alphabet's Google has emerged as another winner in the Cupertino, California, company's quest to catch up in AI. To build Apple's foundation AI models, the company's engineers used its framework software with a range of...

June 11, 2024 12:35 PM

Apple brings ChatGPT and more AI to devices

Apple unveiled a long-awaited AI strategy on Monday, integrating its new "Apple Intelligence" technology across its suite of apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices. In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to...

June 6, 2024 11:50 AM

Nvidia overtakes Apple as No. 2 most valuable company

Nvidia's rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company. Nvidia is preparing to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors. The surge in Nvidia's market value above Apple's marks a shift in Silicon Valley, which the company co-founded by Steve Jobs has dominated since it launched...

May 8, 2024 10:20 AM

Apple unveils thinnest iPad Pro powered by M4 chip

Apple CEO Tim Cook took to his official social media handle on X to reveal the latest addition to the tech giant's product lineup--the all-new iPad Pro. Cook's post generated a wave of anticipation among Apple enthusiasts and tech fans alike. https://twitter.com/tim_cook/status/1787864325258162239 Powering the new iPad Pro is the highly anticipated M4 chip, Apple's latest innovation in processor technology. With unmatched processing power and efficiency, the M4 chip is expected to enhance per...

April 15, 2024 4:02 PM

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says

Apple's AAPL.O smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday. Global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung 005930.KS, at 20.8% market share, clinching the top phonemaker spot from Apple. The iPhone-maker's steep sales decline comes after its strong performance in the December quarter wh...

A close up of a woman messaging her friends using her smartphone in a cafe.

April 12, 2024 4:16 PM

Apple warns iPhone users in 92 countries of potential spyware attacks

Apple sent notifications to individuals in 92 countries, alerting them that they may have been targeted by mercenary spyware attacks on their iPhones, according to a report by TechCrunch. The notification sent by Apple reads, "Apple detected that you are being targeted by a mercenary spyware attack that is trying to remotely compromise the iPhone associated with your Apple ID -xxx-." The alert goes on to state that, "this attack is likely targeting you specifically because of who you are or wh...