Apple is expected to report its biggest quarterly revenue jump in two years, with iPhone demand faring better than recent years toward the end of the company’s annual release cycle
Read More Apple Set for Biggest Revenue Jump in Two Years on IPhone Demand in China
The Dow increased over 400 points on Wednesday as major investors awaited the minutes of the Federal Reserve’s latest meeting, as certain shares fell after the U.S. stated it was considering breaking up Google.
Read More Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growth
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024.
Read More Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says
Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation.
Read More Exclusive: EU’s new tech laws are working; small browsers gain market share
Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets.
Read More Western banks warn of risks in EU plan to grab Russian assets, sources say