Apple Inc. – The News Desk

Where Is the Stock Market Headed? Big Money Pros Weigh In.

27Oct

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Money

Where Is the Stock Market Headed? Big Money Pros Weigh In.

This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook is uncertain, the U.S. government has been in turmoil, and wars and conflict are spreading across the globe.This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook is uncertain, the U.S. government has been in tur...

Apple announces ‘scary fast’ October event

25Oct

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Technology

Apple announces ‘scary fast’ October event

CNN — Apple announced its second product event of the season, a month after introducing its new iPhone 15 lineup. New iMacs are likely. The company sent invitations to members of the media for a scheduled keynote on Monday, October 30 at 8:00 p.m. ET/5:00 p.m. PT, later than it typically kicks off events. It will be accessible via livestream only; Apple usually hosts its product launches both in person and online. The tagline for the event – “scary fast” – is an apparent nod to the likely unveiling of its next-generation silicon chip, M3, as well as Halloween. The company is expected to show off new iMac computers boasting the new powerful chipset in a move that should also boost Mac sales. Mac ...

Apple continues its sweep to roll out USB-C to more devices

19Oct

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Technology

Apple continues its sweep to roll out USB-C to more devices

CNN — Apple (AAPL) quietly announced its next-generation Pencil that works with iPads and now includes USB-C charging. The change comes nearly a month after Apple retired its Lightning charger, a milestone moment toward universal charging amid pressure from EU regulators. Like previous models, the third-generation Apple Pencil is intended for taking notes, sketching and marking up documents. It also supports the hover feature, which allows users to preview and switch between different tools and app controls, when used with a 12.9-inch iPad Pro 12.9-inch (6th generation) and 11-inch iPad Pro (4th generation). The price is $79, down $20 from the second-generation Apple Pe...

iPhone 15 demand dips in China, analysts say

16Oct

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Technology

iPhone 15 demand dips in China, analysts say

CNN — Demand for Apple’s new iPhone 15 lineup is weaker in China than for last year’s models, according to analysts. Sales for the iPhone 15 are down 4.5% in China compared to iPhone 14 sales in the first two weeks after its launch, according to Counterpoint Research. Separately, Bloomberg reported on Monday financial firm Jefferies said iPhone 15 sales dropped by a double-digit percentage following strong customer demand for Huawei’s new Mate 60 smartphone line. Apple (AAPL) shares fell 0.08% following the reports. The reports come amid a floundering Chinese economy, a struggling housing market, and more competition among higher-end vendors in China, part...

Pixel 8: Google unveils new phones built for ‘the generative AI era’

6Oct

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Technology

Pixel 8: Google unveils new phones built for ‘the generative AI era’

CNN — There’s nothing particularly new about Google’s latest-generation Pixel 8 smartphone hardware. That’s why the company is pushing hard to tout its AI-powered new software, which Google says was built specifically for the “first phone of the generative AI era.” At a press event in New York City, Google (GOOG) showed off the new Pixel 8 and Pixel 8 Pro devices, which largely look the same as the year prior, albeit with more rounded edges. But inside, its new G3 Tensor chip unlocks an AI-powered world aimed at simplifying your life, from asking the device to summarize news articles and websites to using Google (GOOG) Assistant to field phone calls and ...

Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo

6Oct

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Technology

Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo

CNN — Since 2017, Apple has turned down multiple opportunities to chip away at Google’s search engine dominance, according to newly unsealed court transcripts, including a chance to purchase Microsoft’s Bing and to make the privacy-focused DuckDuckGo a default for users of its Safari’s private browsing mode. The previously confidential records, unsealed this week by the judge presiding over the US government’s antitrust lawsuit against Google, illustrate the challenges that have faced Google’s rivals in search as they’ve tried to unseat the tech giant from its pole position as Apple’s default search provider on millions of iPhones and Mac computers. It’s a privilege for which Google has paid Apple at least $10...

5Oct

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Technology

Microsoft, Amazon facing UK antitrust probe over cloud serivces

London CNN — Microsoft and Amazon could be in hot water over apparently making it difficult for UK customers to use multiple suppliers of vital cloud services. The Competition and Markets Authority (CMA), the country’s antitrust regulator, said Thursday it was launching an investigation into the UK cloud infrastructure services market to determine whether players were engaged in anti-competitive practices. Cloud computing firms, such as Microsoft and Amazon Web Services (AWS), use data centers around the world to provide remote access to computing services and storage. This “cloud infrastructure” forms the foundation for how software applications, such as Gmail and Dropbox, are developed and run. ...

Antitrust Trial: Microsoft CEO warns of impact of Google’s search monopoly on AI

3Oct

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Technology

Antitrust Trial: Microsoft CEO warns of impact of Google’s search monopoly on AI

CNN — Microsoft CEO Satya Nadella warned on Monday of a “nightmare” scenario for the internet if Google’s dominance in online search is allowed to continue, a situation, he said, that starts with searches on desktop and mobile but extends to the emerging battleground of artificial intelligence. Nadella testified on Monday as part of the US government’s sweeping antitrust trial against Google, now into its 14th day. He is the most senior tech executive yet to testify during the trial that focuses on the power of Google as the default search engine on mobile devices and browsers around the globe. Taking the stand in a charcoal suit and tie, Nadella painted Google as a technology giant that has block...

Apple working to fix iPhone 15 overheating issues

3Oct

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Technology

Apple working to fix iPhone 15 overheating issues

CNN — Apple is working on a software fix following reports that some of its new iPhone 15 models are overheating. The company told CNN the current overheating issues are not a safety risk and will not affect the long-term performance of impacted iPhone models. It also emphasized that iPhones have internal protections for components to help regulate the temperature if it gets too high. Apple also told CNN there are several circumstances that are causing its next-generation lineup to heat up. User complaints started to circulate after the latest iPhones hit stores on September 22. “We have identified a few conditions which can cause iPhone to run warmer than expected,” Apple told CNN in...

Meta Quest 3: Zuckerberg unveils mixed-reality VR headset

27Sep

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Technology

Meta Quest 3: Zuckerberg unveils mixed-reality VR headset

New York CNN — Meta is moving forward in its efforts to dominate the AR world with the new and improved Meta Quest 3. Unveiled by CEO Mark Zuckerberg at the company’s virtual Meta Connect event Wednesday, the headset starts at $500 and is a complete redesign of earlier models. The Quest 3, first announced in June, offers improved performance, immersive new mixed-reality features and a sleeker, more comfortable design. With a much stronger processor, higher-resolution display, revamped Touch Plus controllers and a 40% slimmer physique, the Quest 3 is a big step up from its predecessors. The Meta Quest 2 allows for strictly virtual reality, while the Meta Quest Pro has advanced passthrough cameras fo...