Browsing: Apple

Billionaire investor Warren Buffett’s Berkshire Hathaway has significantly cut its investment in Apple, offloading nearly half of its holding since the start of the year, according to a quarterly earnings report released on Saturday.

The tech titan’s stock has soared since it unveiled artificial intelligence features for its devices last month

Apple on Monday unveiled “Apple Intelligence,” its suite of new AI features for its coveted devices, including a partnership with OpenAI, as it seeks to catch up to rivals racing ahead on adopting the white hot technology.

Apple’s smartphone sales in China dropped 19% in the first quarter of 2024 due to increased competition from local brands, a new report by Counterpoint Research has shown. 

The tech giant claims it was ordered by Beijing to pull WhatsApp, Threads, Telegram, and Signal from the local AppStore

Samsung has overtaken Apple to reclaim its position as the globe’s top smartphone maker, preliminary data released by the research firm International Data Corporation (IDC) on Sunday showed. The South Korean tech giant lost the top spot to its US rival last year. 

Issues were also reported on Apple’s fitness service Apple Fitness+, as well as Arcade, Audiobooks, Books and Podcasts, according to Apple’s system status pages for several countries reviewed by Reuters

Apple Inc. has discussed using Baidu Inc.’s generative artificial intelligence in iPhones and other devices within China, the Wall Street Journal reported, a potentially big win for the domestic search leader.

Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlantic crack down on alleged anti-competitive practices that could result in break-up orders to Apple and Alphabet’s Google, a first for the industry.

The company’s stock has slumped in recent months as it loses ground to its rivals in technology development