Apple to buy Intel modem unit to jumpstart in-house 5G plans
Intel beat analyst’s projections and gave an upbeat 3Q forecast signaling it’s weathering disruptions caused by the trade war.
US to open antitrust review of big tech firms
Technology giants such as Google, Facebook, Amazon, and Apple are now the subject of a US federal antitrust investigation. The Justice Department is looking into whether large tech companies have harmed their users.
Apple music now has 60 Million paid subscribers
Apple Executive Eddy Cue confirmed the number in a French business publication. According to the company, Beats 1 also has "tens of millions of users." Apple Music has shown steady growth since its launch in 2015. The subscription service hit 40 million paid users just over a year ago.
Apple chief designer Jony Ive to leave and start own business
Jony Ive helped bring Apple back from the brink of collapse in the 1990s. He was a close confidant of Apple co-founder Steve Jobs and the lead designer for various key projects, most notably the iPhone.
Apple said to mull shifting 15-30% of output from China
Apple is asking major suppliers to evaluate the cost implications of shifting 15% to 30% of production capacity from China to Southeast Asia, Nikkei reports. Meanwhile, A group of chief executive officers of American corporations are set to meet with Chinese Premier Li Keqiang this week as the simmering trade war ensnares companies from both countries, sources say.
Huawei Founder Ren Calls Apple His Teacher
Huawei is pushing back against talk that China could target Apple in the trade war, saying there is much to learn from its American rival after overtaking it to become the world's second largest smartphone maker earlier this year. Founder Ren Zhengfei told us why he still considers Apple to be his teacher. He spoke exclusively to Bloomberg's Tom Mackenzie at Huawei's headquarters in Shenzhen.
iPhones Could Get more expensive thanks to new tariffs
Apple may be due for a hit from the ongoing U.S.-China trade war.
Spotify beats forecasts, hits 100 million premium subscribers
Music streaming service Spotify hit 100 million subscribers to its premium streaming service in the first quarter, more than double the number of nearest rival Apple.
Google, Apple said to block new downloads of TikTok in India
Google and Apple Inc. complied with an Indian court order to block downloads of the popular app TikTok over government concerns with illicit content, according to people familiar with the decision.