Apple Inc
Apple buys UK fintech start-up Credit Kudos
Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier […]
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Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures […]
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Apple services are down for some users
Many Apple services, including the App Store, Apple Arcade, Music, and Maps are experiencing outages. The company’s status page, which typically shows how severe an outage is, is also offline. Apple made $19.2 billion in services revenue last quarter, so an extended outage could have a material impact. But, these sorts of outages are typically […]
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Apple supplier Foxconn resumes normal operations after Covid disruption
Foxconn, a major Apple supplier, has “basically” resumed normal operations in Shenzhen, China after an uptick in Covid cases in the area caused it to pause production last week, according to Reuters. Foxconn said on Wednesday it had partially resumed production in Shenzhen by implementing a “closed loop” system with employees who live on the […]
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The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip
As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. Source
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‘Extremely awkward’: Bob Chapek and Bob Iger had a falling out, they rarely talk — and the rift looms over Disney’s future
Bob Iger, left, and Bob Chapek of Disney Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images April 12, 2020. That’s the day former Disney CEO Bob Iger’s relationship with his handpicked successor, current Disney CEO Bob Chapek, began to fall apart. Iger had stunned the world in February of that […]
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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Spencer Platt | Getty Images With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A […]
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Porsche discussed possible joint projects with Apple
Porsche Taycan Turbo S Handout | Porsche Managers at sportscar maker Porsche late last year travelled to the United States to discuss possible joint projects with iPhone maker Apple as well as with some other tech companies, Porsche’s CEO said on Friday. “We already have Apple CarPlay, we will expand on that,” Chief Executive Oliver […]
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Why Russian people need tech companies to stay, not withdraw: It’s terrifying ‘how dark that place could become’
People gather to stage anti-war protest in Saint-Petersburg, Russia on March 1, 2022. Anadolu Agency | Getty Images As the U.S. and Europe impose economic sanctions on Russia for its invasion of Ukraine, and businesses such as McDonald’s and Starbucks shut down operations in the country, tech platforms must weigh a more complex equation. Unlike […]
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Apple’s new Mac Studio and Studio Display are great if you have $3,600, but most people should get a Mac Mini
Apple’s Mac Studio and Studio Display Kif Leswing/CNBC Apple‘s new Mac Studio computer goes on sale on Friday. I’ve been testing it for over a week, and it’s a good pick for video and photo professionals for whom cost is no issue and who want a Mac desktop that will be able to handle anything […]
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