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Results for “Apple” (21)

Syeda Mubeena Hashmi Posted in World

Apple Updates Lake Name on Maps for US Users

Apple has updated the name of Lake Ontario on the web version of Apple Maps for US users, following a US executive order. The lake now appears as “Lake America” in the United States, while Canadian users will continue to see Lake Ontario. Users elsewhere will see both names. The change follows a similar update by Google Maps and mirrors Apple’s approach to the Gulf of Mexico renaming, reflecting differences based on users’ locations. Read More…

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Syeda Mubeena Hashmi Posted in Technology

Apple Names Ternus as New Chief Executive

John Ternus took charge as Apple’s new chief executive on Tuesday, succeeding Tim Cook after his 15-year tenure. The 51-year-old engineer faces the challenge of strengthening Apple’s position in artificial intelligence while maintaining its vast operations in China amid political pressure from Washington. Ternus, a longtime hardware leader, will soon oversee Apple’s annual iPhone event on September 9. Analysts expect him to prioritize hardware innovation while preserving the supply chain strategies established under Cook. Read More…

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Hafsa Mustafa Posted in Business

Apple stock plunges $108B after underwhelming iPhone 17 launch

Apple Inc. lost a staggering $108 billion in market value in a single trading session after its much-hyped iPhone 17 launch on September 9 failed to excite investors. Shares fell 3.48 percent as traders reacted to what analysts called a routine update rather than a game-changing product reveal. Wall Street noted that the iPhone 17 lineup offered only incremental upgrades, with many features leaked in advance, creating a classic “sell-the-news” drop. The biggest let-down was the delay of Apple’s AI-driven Siri overhaul until 2026, leaving the company trailing rivals Google… Read More…

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Hafsa Mustafa Posted in World

In India, Trump’s tariffs spark calls to boycott American goods

From McDonald’s and Coca-Cola to Amazon and Apple, U.S.-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra Modi’s supporters stoke anti-American sentiment to protest against U.S. tariffs. India, the world’s most populous nation, is a key market for American brands that have rapidly expanded to target a growing base of affluent consumers, many of whom remain infatuated with international labels seen as symbols of moving up in life. Read More…

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Hafsa Mustafa Posted in World

Trump says he doesn’t want Apple building products in India

U.S. President Donald Trump stated on Thursday that he expressed to Apple CEO Tim Cook his disapproval of the tech company establishing its production facilities in India, critiquing the company’s plans to shift manufacturing away from China and encouraging him to focus on domestic production. “I had a minor disagreement with Tim Cook yesterday,” Trump commented. “I told him, ‘my friend, I’ve treated you very well. You’re bringing $500 billion here, but now I’m hearing you’re expanding in India.’ I don’t want you to set up operations in India.” Read More…

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Hafsa Mustafa Posted in World

Top EU court orders Apple to pay $14.3B to Ireland

The European Union’s highest court has ruled that Apple must pay $14.3 billion in back taxes to Ireland, bringing a decade-long legal dispute to a close. The Court of Justice of the EU upheld a 2016 decision by the European Commission, which found that Ireland had granted Apple unlawful state aid by providing tax advantages from 1991 to 2014. As a result, Ireland was ordered to recover the sum from the tech giant. Read More…

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Hafsa Mustafa Posted in World

Apple under fire as DRC accuses of exploiting minerals

The government of the Democratic Republic of Congo (DRC) has sent a formal notice to Apple accusing the tech giant of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said. The Paris-based lawyers for the DRC accused Apple of purchasing minerals smuggled from the DRC into neighbouring Rwanda, where they are laundered and "integrated into the global supply chain". Read More…

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Hafsa Mustafa Posted in Technology

Apple lays off more than 600 staff

Apple has laid off more than six hundred employees, according to data from a California state agency, the first known post-pandemic job cuts at the iPhone juggernaut. The California-based company was largely spared from last year’s massive rounds of job cuts at Amazon, Meta, Google and other tech giants after a major hiring spree during the coronavirus pandemic. Read More…

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