Apple’s App Store blocked over $7 billion in fraudulent activity from 2020 through 2023. It also stopped more than $1.8 billion in fraudulent transactions in 2023 alone, Apple said in a Tuesday (May 14) press release. To combat fraud, Apple has dedicated teams that monitor and investigate fraudulent activity...
Will Apple’s mixed-reality headset be more popular overseas than it was in America? The tech giant is reportedly trying to find out. Apple is preparing to begin selling its almost $3,500 Vision Pro in non-U.S. markets, Bloomberg News reported Monday (May 13). Sources tell the news outlet...
British newspapers have voiced concerns about Apple’s new ad-blocking tool. The news organizations argue that this so-called “web-eraser” threatens the financial stability of the journalism world, the Financial Times (FT) reported Sunday (May 12), citing a letter from the papers to Apple. The “web eraser” is...
Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product — rose to 3.75 million units in March, Bloomberg News reported Wednesday (May 8), citing data from the China Academy of...
Sixty-three years ago this month, the world’s first supercomputer was born. In May of 1961, IBM introduced its Model 7030, also known as “Stretch.” The gamechanger was its computational processing power and speed. Computers were used mostly for scientific applications at the time, and crunching...
Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s investment in the tech giant at $135 billion. A report by CNBC noted this would mark a drop of 13%, though...
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales —...
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand its ecosystem. Some of what we might term the company’s “core” or “bread and butter”...
European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a “gatekeeper” with respect to its operating system for tablets under the Digital Markets Act (DMA)....