insert_link Business / Economics Apple announces big investment in US Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports. today25 February, 2025
insert_link Africa Apple Denies Using Conflict Minerals And Cuts Supply Ties with Congo Apple has strongly refuted claims of using conflict minerals in its products, announcing earlier this year that it directed suppliers to cease sourcing tin, tantalum, tungsten, and gold from the Democratic Republic of Congo and Rwanda. The company cited escalating conflict in the region as the reason for its decision, according to a statement to Reuters. today18 December, 2024
insert_link Business / Economics Nvidia dethrones Apple as the world’s most valuable company Nvidia has dethroned Apple as the world's most valuable company following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence chips. Nvidia's stock market value briefly touched 3.53 trillion US dollars, slightly above Apple's 3.52 trillion, according to data from the London Stock Exchange Group. today28 October, 2024
insert_link Business / Economics Apple’s iPhone 16 launch shows AI is shaking up the tech giant’s core market Xeniia X / Shutterstock By Lewis Endlar, Keele University As someone who helped set up one of the first iPhones back in late 2007 on live TV, I found the launch of the first iteration of Apple’s smartphone an exciting time. At the launch in June of that year, a grinning Steve Jobs proudly held up that early device to the obvious delight of Apple fans. Did the […] today10 September, 2024
insert_link Business / Economics EU issues Apple compliance warning The European Commission has warned Apple that it may be in breach of its Digital Markets Act. In preliminary findings, EU regulators have accused the tech giant of failing to sufficiently steer users away from its App Store. today24 June, 2024
insert_link Business / Economics US company Nvidia becomes most valuable public company Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company.The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion USD. Benji Hyer reports. today20 June, 2024
insert_link Business / Economics Apple loses top phone-maker title to Samsung Apple's smartphone shipments have dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot. Julian Satterthwaite reports for Reuters. today15 April, 2024
insert_link Uncategorized US launches anti-trust lawsuit against Apple The Biden administration and 16 state and district attorneys general have launched a major lawsuit against the iPhone maker accusing it of operating a monopoly. today22 March, 2024
insert_link Business / Economics Morning Biznews update – 22 March 2024 With South Africa’s annual consumer price inflation increasing to 5.6% in February, exceeding economists' expectations, and rising closer to the top of the central bank's 3% to 6% target range, all hopes of an interest rate cut before the Monetary Policy Committee meeting in July have fallen. A number of economists are in fact now looking at September as the first opportunity for any easing of the country’s 8.25% repurchase rate. […] today22 March, 2024
