Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
DUBLIN, Ireland (AFP) — US tech giant Apple announced Thursday it had shelved plans to build an 850-million-euro ($1.0-billion) data cent in Ireland over a court battle with conservationists who were seeking to preserve a forest. “Several years ago we applied to build a data centre at Athenry. Despite our best efforts, delays in the approval process have forced us to make other plans and we will not be able to move forward with the […]
NEW YORK, United States (AFP) — Apple reported a jump in second-quarter earnings Tuesday and announced a new $100 billion share buyback plan, although sales of iPhone smartphones narrowly missed expectations. Apple reported a 25.3 percent rise in earnings to $13.8 billion following 15.6 percent increase in revenues to $61.1 billion. The company exceeded analyst expectations in per-share earnings and revenues, lifting shares in after-hours trading. But iPhone sales for the quarter ending March 31 […]
HONG KONG, China (AFP) — Asian markets went into reverse Wednesday, tracking fresh losses on Wall Street as investors fret about rising US Treasury yields and speculation that interest rates will rise four times this year. Technology firms were once again in the firing line in response to a plunge in Google parent Alphabet on costs worries, while Apple shares suffered a fifth straight loss because of concerns over the crucial smartphone sector. The yield […]
DUBLIN, Germany (AFP) — Ireland’s government on Tuesday said it was signing a deal with Apple for the US tech giant to pay 13 billion euros ($16 billion) in back taxes as ordered by the European Commission. The formal signature is expected later on Tuesday and the money will go into an escrow account, a type of third-party account used in transactions, the finance ministry said in a statement. The money is expected to be […]
SAN FRANCISCO, United States (AFP) — Apple said Monday it had achieved a goal of “100 percent clean energy” for its facilities around the world. The California tech giant said its retail stores, offices, data centers and co-located facilities in 43 countries were operating with nonpolluting or renewable energy. Nine additional manufacturing partners have committed to power all of their Apple production with clean energy, bringing the total number of supplier commitments to 23. “We’re […]
SAN FRANCISCO, United States (AFP) — Intel shares dove on Monday after Bloomberg reported that Apple intends to switch to chips of its own for Mac computers in two years. Intel shares were down more than 7.5 percent to $48.12 in late afternoon trading on the Nasdaq exchange in New York. Apple declined to comment on the report, which cited unnamed sources as saying Apple is designing its own chips for Mac computers and could […]
CHICAGO, United States (AFP) — Apple on Tuesday unveiled new applications and a discounted iPad tablet aimed at the education market as it tries to regain momentum lost to Google in the world of classroom technology. At an event in Chicago, the California-based Apple showcased a new, free curriculum called Everyone Can Create that enables teachers to integrate drawing, music, filmmaking or photography into their lessons. Apple also announced Schoolwork, a new app that helps […]
PARIS, France (AFP) — France will take legal action against Google and Apple for “abusive business practices”, Finance Minister Bruno Le Maire said Wednesday as transatlantic ties threaten to be riven by a trade war. “I believe in an economy based on justice and I will take Google and Apple before the Paris Commercial Court for abusive business practices” against French start-ups, Le Maire said on RTL radio. He said start-ups face conditions imposed […]
SAN FRANCISCO, United States (AFP) — Apple announced Monday it is buying digital magazine subscription service Texture, adding to the side of its business aimed at making money from online content or services. The iPhone maker did not disclose financial terms of the deal to buy Texture from its owners — publishers Conde Nast, Hearst, Meredith, Rogers Media and global investment firm KKR. Texture gives subscribers unlimited access to more than 200 magazines, such as […]
WASHINGTON, United States (AFP) — Strong holiday season sales of Apple’s newest smartwatch propelled the California tech giant into the lead in wearable tech in 2017, a market tracker said Thursday. A report by the research firm IDC said Apple jumped to the front of the wearables pack in the fourth quarter following the release of Apple Watch 3 and placed at the top of the market for the full year as well. While official […]
NEW YORK, United States (AFP) — NBA star Kevin Durant has agreed to co-produce a basketball-themed drama television series that will be part of Apple’s original television programming. The scripted series, to be called “Swagger,” will be written by noted screenwriter Reggie Rock Bythewood and produced by Imagine Television and Kevin Durant’s Thirty Five Media, a source familiar with the plan said, confirming earlier media reports. Durant himself tweeted about the new program, saying “So […]
WASHINGTON, United States (AFP) – Apple overtook Samsung in the fourth quarter as the largest smartphone producer in a declining global market for handsets, research firm IDC said Friday. A survey by IDC showed Apple — which reported its quarterly data Thursday — led all vendors with 77.3 million iPhones sold, giving it a 19.2 percent market share. Even though Apple’s fourth-quarter unit sales were down 1.3 percent from a year earlier, it was able to move ahead of […]
