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Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped. The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at $2.42 trillion based on the price of its shares at close of market. Apple, meanwhile, has seen its share price drop over the past month and was valued at $2.37 […]
by Beiyi SEOW Agence France Presse Several electronics companies, including iPhone and Macbook makers, have halted production in the Chinese cities of Shanghai and Kunshan, adding to supply chain woes under Beijing’s strict zero-Covid measures. The business hub of Shanghai has become the heart of China’s biggest Covid-19 outbreak since the virus surfaced more than two years ago. The city of 25 million has remained almost entirely locked down since the start of the […]
WASHINGTON, United States (AFP) — Tech giant Apple announced Tuesday a halt in all product sales in Russia, the latest fallout over Moscow’s invasion of Ukraine. Western governments, sporting organizations and big companies have cut Russia off or dealt it punishing sanctions over the internationally condemned attack on its neighbor. “We have paused all product sales in Russia. Last week, we stopped all exports into our sales channel in the country,” said an Apple statement. […]
NEW YORK, United States (AFP) – Apple became the first US company to hit $3 trillion in market value, briefly reaching the landmark on Monday in the latest demonstration of the tech industry’s pandemic surge. The iPhone maker scaled the record level near 1845 GMT, reaching $182.88 a share before slipping back slightly. The tech giant also was the first US company to hit $2 trillion in August 2020, during the Covid-19 pandemic that stoked […]
SAN FRANCISCO, United States (AFP) — Apple on Wednesday said it will begin allowing people to fix gadgets they buy from the Silicon Valley giant in a concession seen as a victory for “right-to-repair” advocates. The iPhone and Mac computer maker has long restricted repairs to technicians at “Genius bars” in its shops or at authorized service centers, where device owners often meet with lengthy waits and costly tabs. “We never thought we’d see the […]
by Glenn CHAPMAN Agence France Presse Amazon and Apple announced billions of dollars in quarterly profits on Thursday, but supply chain bottlenecks and the great chip shortage dented the tech giants, which have been riding a pandemic-stoked boom. Apple said sales of its signature iPhone and iPad were held back due to supply constraints, while Amazon struggled to get products and enough workers to meet demand. Both firms soared in the pandemic era […]
By Don Orozco EBC US correspondent/ Eagle News Service A list of new emojis has been approved by the Unicode consortium, an agency that handles release of emojis. There were about 37 new emojis that will be added for use in all of digital devices. Some of the emojis feature peaking eyes, empty nest, a heart emoji with different skin tones and a troll emoji. An emoji is a pictogram, logogram, ideogram or smiley […]
by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) — Apple released a fix Monday for a weakness that can let the spyware at the heart of the Pegasus scandal infect devices without users even clicking on a malicious message or link. The Pegasus software from Israeli firm NSO Group has been under intense scrutiny since an international media investigation claimed it was used to spy on the phones of human rights activists, journalists and even […]
SAN FRANCISCO, United States (AFP) — Apple on Tuesday unveiled a new lineup of powered-up iPads including some with 5G connectivity, responding to surging interest in tablets and home-based work and play during the pandemic. The California tech giant also introduced a redesigned suite of iMac computers with a sleeker look and more power thanks to its own M1 chips. The M1 chip is also powering the new lineup of iPad Pro tablets unveiled at […]
SAN FRANCISCO, United States (AFP) — Microsoft on Monday began a trial run of letting people play Xbox cloud games using Apple mobile devices as well as Windows-powered computers. The small test spread across 22 countries is a step by the Xbox maker to allow games typically confined to consoles to be played using smartphones, tablets or personal computers. The list of countries included the Britain, France and the United States. “This is an exciting […]
Apple said Wednesday that profits surged in the final three months of the year on growing sales of iPhones and services, which lifted revenues to an all-time record. Profit in the period ended December 26 rose 29 percent from a year ago to $28.7 billion, while revenues grew 21 percent to $111.4 billion, with international sales accounting for nearly two-thirds of sales. Sales topped the $100 billion mark for the first time as Apple won […]
by Julie JAMMOT / with Rob Lever in Washington SAN FRANCISCO, United States (AFP) — Apple joined the move to 5G on Tuesday, unveiling four new iPhones that use the new standard in what could be a turning point for the high-speed wireless technology. “Today is the beginning of a new era for iPhone,” Apple chief executive Tim Cook said during a streamed launch event from the company’s headquarters in California. “This is a huge […]
