Apple
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
AI-powered features
Apple charged with breaching EU tech rules, faces another probe
EU 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.
anticompetitive conduct
Consumers sue Apple, taking page from US Justice Department lawsuit
Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market.
AirTags
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
The U.S. Department of Justice and 15 states sued Apple, alleging it drove up prices for its services and hurt smaller rivals.
005930.KS
Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says
The negotiations are about licensing Gemini for some new features coming to the iPhone software this year.
alternative app stores
Apple to let developers distribute apps directly from their sites
Software developers who use Apple’s App Store will be able to distribute apps to EU users directly from their websites this spring.
Android
Google rebrands Bard chatbot as Gemini, rolls out paid subscription
Google says consumers can pay for better reasoning capabilities as it vies with Microsoft to win subscriptions.
$160
Apple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
CHINESE
TikTok App Requesting Some Users To Input Their iPhone Passwords
Many social media users on TikTok are now perplexed as to why the popular video app is purportedly requesting that they enter their iPhone passcode in order to watch content.
Apple
Apple Will Stop Selling Latest Smartwatches Over Patent Controversy
Due to a patent disagreement, Apple has decided to stop selling new iterations of its popular smartwatch, the company announced on Monday.