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Will Apple’s India production get tangled in charger rules?

India’s decision to implement universal charging ports by 2025 could disrupt Apple’s production plans, as the tech giant lobbies for exemptions. The move aims to align with EU standards and reduce electronic waste. India is set...

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US chipmaker Nvidia strikes AI gold

The artificial intelligence boom has seen Nvidia achieve stunning financial results. But other companies, including Google, Microsoft and Amazon, want a piece of the action. Semiconductors already occupy a pivotal place at the center of...

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Apple opens first flagship store in India

Hundreds of people waited in line outside the new Apple store in the financial hub Mumbai. The company is planning to boost its production in India — the second-largest smartphone market in the world. Apple...

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Can India relieve Apple’s iPhone woes in China?

The iPhone maker plans to make more of its products in India, signaling frustration with Beijing’s zero-COVID policy and geopolitical tensions. Has the tech giant’s love affair with China hit the rocks? China has been...

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Quiet quitting: How quiet quitters gain from doing just enough work

So-called quiet quitting is the act of doing exactly what the job calls for and nothing more. Now workers are using their free time and peace of mind to find new ventures. “In order to...

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The Dollar is on its Back Foot

The dollar’s downside correction continues today, helped by hawkish signals from the Reserve Bank of Australia and unnamed sources who have played up the chances of a 50 bp hike by the European Central Bank...

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EU hits Apple with antitrust charge over digital wallet

The European Commission said that Apple apparently “abused its dominant position” in developing its Apple Pay system. The US company could face billions in fines.  The EU’s top executive body said on Monday that it has...

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EU proposes universal charging plug for all smartphones

The European Union has said it will impose a universal charger for smartphones. The switch to a standard USB-C cable would represent a blow for US tech giant Apple. The European Commission on Thursday proposed...

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Judge orders Apple to loosen grip on payments in Epic battle

A US federal court has ordered Apple to accommodate developers when it comes to payments for apps and services. The ruling came in the legal tussle between Apple and Epic Games. California federal court judge...

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South Korea clamps down on Apple and Google payment systems

South Korean lawmakers have unanimously passed legislation making it impossible for Apple and Google to force app developers to use the tech giants’ payment systems. The move could trigger similar steps elsewhere. South Korean parliamentarians...

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Tech giants report more than $50 billion combined profits

Apple, Microsoft and Google’s parent company Alphabet have seen a surge in revenue. The results are attributed to the coronavirus pandemic — but also the easing of lockdowns. Tech companies Apple, Microsoft and Google owner...

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Taxing Big Tech to fund economic recovery?

International tax rules do not accurately reflect Big Tech’s global economic presence, a human rights group has concluded. A global minimum tax rate could help discourage tax dodging. G20 countries are losing out on as...