Category Archives: Apple

Who is John Ternus, Apple’s next CEO?

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Hardware engineering executive is a longtime Apple insider, indicating company will continue strategy that has led to record profits

Apple has announced longtime company veteran John Ternus as the next CEO of the company, succeeding current CEO Tim Cook, who is set to transition to executive chair of Apple’s board of directors later this year.

Ternus’s term as CEO will begin on 1 September. The hardware engineering executive is a longtime Apple insider, indicating the company will stay the course that has led to record profits under Cook’s leadership. Apple’s yearly profit now tops $100bn, and in January it announced record revenue from its iPhones, boosted by renewed demand in China.

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Apple subsidiary fined by UK government over Moscow sanctions breach

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Apple Distribution International, based in Ireland, made payments worth £635,000 to a Russian streaming service

The UK government has fined a subsidiary of Apple £390,000 for breaching sanctions against Moscow over payments it made to a Russian streaming platform.

Apple Distribution International (ADI), based in the Republic of Ireland, instructed an unnamed UK-based bank to make two payments to a company owned by a sanctioned Russian entity.

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Apple cuts China App Store commission fees after government pressure

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The move, which lowers fees to 25%, is a breakthrough for Chinese developers Tencent and ByteDance

Apple announced late on Thursday it would lower the commission fees collected in its App Store in mainland China. The move follows pressure from regulators in the tech company’s second-largest market, as well as global scrutiny of its payment requirements.

Fees for in-app purchases and paid transactions will be lowered to 25% from 30% starting on Sunday, Apple said in a statement on its blog for developers.

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Indian order to preload state-owned app on smartphones sparks political outcry

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Apple among big tech companies reportedly refusing to install Sanchar Saathi cybersecurity app on their devices

A political outcry has erupted in India after the government mandated large technology companies to install a state-owned app on smartphones that has led to surveillance fears among opposition MPs and activists.

Manufacturers including Apple, Samsung and Xiomi have 90 days to comply with the order to preload the government’s Sanchar Saathi, or Communication Partner, on every phone in India.

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India orders phone makers to preload devices with state-owned cyber safety app

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Critics voice concern as government says its Sanchar Saathi app combats cybersecurity threats for 1.2bn telecom users

India’s telecoms ministry has privately asked smartphone makers to preload all new devices with a state-owned cybersecurity app that cannot be deleted, a government order showed, a move likely to antagonise Apple and privacy advocates.

In tackling a recent surge of cybercrime and hacking, India is joining authorities worldwide, most recently in Russia, to frame rules blocking the use of stolen phones for fraud or promoting state-backed government service apps.

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China removes two popular gay dating apps from Apple and Android stores

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Withdrawal of Blued and Finka raises fears of further crackdowns on LGBT rights amid growing restrictions

Two of China’s most popular gay dating apps have disappeared from app stores in the country, raising fears of a further crackdown on LGBT communities.

As of Tuesday, Blued and Finka were unavailable on Apple’s app store and several Android platforms. Users who had already downloaded the apps appeared to still be able to use them.

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Apple swoops on exclusive F1 US TV rights amid expansion into sports

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Deal reportedly closed for $140m a year, on the heels of worldwide success of Apple-produced Brad Pitt film F1

Apple has landed US broadcast rights to Formula One in a five-year deal that would help the tech giant bolster its streaming service with one of the country’s fastest-growing sports, following the success of its Brad Pitt-starrer F1: The Movie.

The two sides did not disclose the financial details of the deal on Friday. CNBC reported it was for $140m a year, much higher than the $90m the Walt Disney-owned ESPN was paying each season for F1, which it has broadcast since 2018.

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People claim London crime is rising because it suits them, Met commander says

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Nigel Farage and right-wing commentators seek to portray capital as ‘lawless’ despite evidence to the contrary

Claims that London is becoming more dangerous despite the crime figures indicating otherwise are being made because it suits some people, a senior police commander has said.

The Reform UK leader, Nigel Farage, and right-wing commentators have increasingly sought to portray the capital as a “lawless” city from which high net-worth individuals are fleeing.

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Trump hosts US tech leaders at White House dinner – minus Elon Musk

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Tesla CEO’s absence is marked departure from his constant presence at the White House in early days of Trump 2.0

As Donald Trump hosted leaders from the biggest US tech companies at a lavish White House state dining room dinner on Thursday night, there was one notable absence. Elon Musk, once inseparable from Trump and a constant, contentious presence in the White House, was not in attendance.

The dinner, which included Meta’s Mark Zuckerberg, Microsoft’s Bill Gates, Apple’s Tim Cook and OpenAI’s Sam Altman, was exactly the type of event where Musk would have sat at Trump’s right hand only a few months ago. Instead, the Tesla CEO stated on his social media platform X that he had been invited but could not make it. He said he planned to send a representative and spent the day on X posting a familiar stream of attacks on immigration and trans people.

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Musk’s AI startup sues OpenAI and Apple over anticompetitive conduct

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Lawsuit accuses companies of ‘conspiracy to monopolize markets for smartphones and generative AI chatbots’

Elon Musk’s artificial intelligence startup xAI is suing OpenAI and Apple over allegations that they are engaging in anticompetitive conduct. The lawsuit, filed in a Texas court on Monday, accuses the companies of “a conspiracy to monopolize the markets for smartphones and generative AI chatbots”.

Musk had earlier this month threatened to sue Apple and OpenAI, which makes ChatGPT, after claiming that Apple was “making it impossible” for any other AI companies to reach the top spot on its app store. Musk’s xAI makes the Grok chatbot, which has struggled to become as prominent as ChatGPT.

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Trump hiked tariffs on US imports. Now he’s looking at exports – sparking fears of ‘dangerous precedent’

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Experts warn of destabilized trading relations after White House strikes deal with Nvidia to take a 15% cut of certain AI chip sales to Chinese companies

Apple CEO Tim Cook visited the White House bearing an unusual gift. “This box was made in California,” Cook reassured his audience in the Oval Office this month, as he took off the lid.

Inside was a glass plaque, engraved for its recipient, and a slab for the plaque to sit on. “The base was made in Utah, and is 24-karat gold,” said Cook.

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Nvidia becomes first company to reach $4tn in market value

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Ongoing surge in demand for AI technology fueled stratospheric rise of chipmaker’s value

Chipmaker Nvidia became the first public company in history to scale a $4tn market value on Wednesday as its stock price continues a years-long stratospheric rise.

Shares of the top chip designer rose roughly 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia’s chips and associated software are considered world leaders for building artificial intelligence products.

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Apple appeals against ‘unprecedented’ €500m EU fine over app store

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iPhone maker accuses European Commission of going ‘far beyond what the law requires’ in ruling

Apple has launched an appeal against an “unprecedented” €500m (£430m) fine imposed by the EU on the company, in the latest clash between US tech companies and Brussels.

The iPhone maker accused the European Commission – the EU’s executive arm – of going “far beyond what the law requires” in a dispute over its app store.

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Trump threatens 25% tariff on Apple and Samsung phones not made in US

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Announcement wipes about $70bn off Apple shares amid pressure on company to build smartphones in US

Donald Trump has threatened to impose a 25% tariff on iPhones if they are not made in the United States, as he stepped up the pressure on Apple to build its signature product in the country.

The president wiped approximately $70bn (£52bn) off the company’s shares with a post on the Truth Social platform that said iPhones sold inside the US must be made within the country’s borders.

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Fortnite unavailable on iPhones globally after Apple rejects App Store release

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Latest twist in a contest between iPhone maker and Epic Games over payments for hit game on Apple devices

Epic Games says Fortnite is now unavailable on iPhones and iPads globally because Apple blocked a bid to release the popular video game in the App Store in the US and Europe.

“Apple has blocked our Fortnite submission so we cannot release to the US App Store or to the Epic Games Store for iOS in the European Union,” the X account for Fortnite posted early Friday – claiming that Apple’s move would now prevent the game’s iOS availability around the world.

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‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years

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Analysis finds Amazon, Meta, Alphabet, Netflix, Apple and Microsoft averaged 18.8%, compared with 29.7% US average

The big American tech firms known as the “Silicon Six” have been accused of paying almost $278bn (£211bn) less corporate income tax in the past decade compared with the statutory rate for US companies making the same profits.

Amazon, Meta, Alphabet, Netflix, Apple and Microsoft generated $11tn of revenue and $2.5tn of profits over the past 10 years.

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US stock markets expected to recover after Trump drops tariffs on mobiles

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Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia

US stock markets were expected to stage a recovery on Monday after Donald Trump excluded imports of smartphones and laptops from his tariff regime late on Friday night.

Shares in Apple and chip maker Nvidia were on course to soar after tariffs on their products imported into the US were lifted for 90 days.

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Trump administration to exempt smartphones and computers from tariffs

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Announcement says tariffs – including those imposed on China – will also not apply to other electronic devices

Donald Trump’s presidential administration has exempted smartphones and computers from the 125% levies imposed on imports from China as well as other “reciprocal” tariffs, which experts had cautioned might cause electronic consumer prices to spike dramatically in the US.

The announcement was made late on Friday in a US Customs and Border Protection (CBP) notice that said the devices would be excluded from the 10% global tariff that Trump recently imposed on most countries, along with the much heftier import tax on China.

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Apple said to be flying iPhones from India to US to avoid Trump tariffs

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Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffs

Apple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trump’s tariffs.

The tech company has flown 600 tonnes of iPhones, or as many as 1.5m handsets, to the US from India since March after ramping up production at its plants in the country, according to Reuters.

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