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The Department of Justice alleges that Apple uses a number of illegal and anticompetitive practices in the smartphone market. Regulators have thus far been unable to significantly restrain Apple or its big tech peers.
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Apple will reportedly unveil its artificial intelligence (AI) strategy in June at its annual Worldwide Developers Conference. The tech giant has not said what it will unveil at the event, but people familiar with the matter have said that its presentation will focus on AI, Bloomberg reported Tuesday (March 26).
Apple (AAPL) faces mounting regulatory pressures from both sides of the Atlantic: Department of Justice (DOJ) officials filed an antitrust lawsuit while European Union (EU) regulators probe Apple and other Big Tech companies for violating its Digital Markets Act. Sixteen US attorneys general are joining the DOJ suit alleging Apple's practice of creating a monopoly in the smartphone and digital app store markets.
Apple's iPhone shipments in China have fallen again, government data show. Apple shipped roughly 2.4 million smartphones in February — a 33% drop from 2023, per Bloomberg.
Waiting for Apple Inc.'s big artificial-intelligence announcement? We seem to have just gotten a date for it.
Apple typically reveals the latest versions of its iPhone, iPad, Mac and Apple TV software at WWDC via a "keynote" video on the first day, led by CEO Tim Cook.
Apple SVP Greg “Joz” Joswiak just confirmed via the social media platform formerly known as Twitter that the company's annual World Wide Developer Conference is set for June 10-14. In what is no doubt a nod to the company's artificial intelligence ambitions, the exec is promising that the event will be “Absolutely Incredible.
Apple (AAPL), Coca-Cola (KO), and C3.ai (AI) are today's big three stocks. Alan Knuckman and Ben Lichtenstein discuss how to trade and the technical trends of these stocks.
Bill Baer, Brookings Institution Visiting Fellow, dives into the DOJ's antitrust lawsuit against Apple and explains how strong the claim is against the company. He joins David Westin on "Wall Street Week" daily.