Mobile
Biden awards posthumous Medal of Freedom to Apple co-founder Steve Jobs
The late Apple CEO Steve Jobs unveiling the first iPhone in 2007. David Paul Morris | Getty Images News | Getty Images President Joe Biden on Friday awarded the Presidential Medal of Freedom posthumously to Apple co-founder Steve Jobs, along with 16 other people. The award is the country’s highest civilian honor and the White […]
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Wealthy customers will help Apple resist the effects of inflation
An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters The last time Apple faced an inflationary environment like this, it had been a public company for less than a year and its best-selling product was the Apple II home computer. In May, the annual inflation rate in the […]
Read MoreMicron warns weakening consumer demand will hurt smartphone sales
Sanjay Mehrota, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron Technology, a major vendor of memory chips for PCs and smartphones, said on Thursday that it expects smartphone sales to be meaningfully lower than previously expected for the rest of 2022, citing a reduction […]
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Apple opens up third-party app payments in Korea, will still take 26% cut
Tim Cook at the Apple launch event, March 8, 2022 Apple Apple said on Thursday that developers with iPhone apps distributed exclusively in the South Korean App Store can request to use third-party payment systems instead of Apple’s in-app offering. But doing so will come at a cost. Apple will require apps that take advantage […]
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Zendesk to be acquired by investor group for $10.2 billion
Zendesk co-founder and CEO Mikkel Svane Eric Piermont | AFP | Getty Images Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it at around $10.2 billion, the company announced Friday. The deal, led by investment firms Permira and Hellman & Friedman, will give shareholders $77.50 […]
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Republican draft bill would tighten rules for finance firms using customer information
Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images A new draft bill from House Financial Services Ranking Member Patrick McHenry, R-N.C., lays the groundwork for how the GOP will tackle financial data […]
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