Apple

By Jody Godoy NEW YORK (Reuters) -Apple asked a federal judge on Wednesday to dismiss the U.S. Department of Justice’s case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown. U.S. District Judge Julien Neals in Newark, New Jersey, heard arguments from…

Google pays Apple at least $20 billion a year to make its search engine the default on iPhones.Those payments were at the heart of a federal antitrust case Google lost earlier this year.Now, the government will ask a judge to ban those payments. But it’s not a done deal.Apple makes…

Apple released AI features for the iPhone 15 Pro and later models with Monday’s iOS 18.1 update.The AI features include writing tools, message summaries, and email suggestions.Users must update to iOS 18.1 and join a waitlist to access Apple Intelligence. The first Apple Intelligence features are out now.Apple’s generative-AI tools…

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! KeyBanc downgrades Apple stock on iPhone sales worries KeyBanc analysts downgraded Apple (NASDAQ:) from Sector Weight to an Underweight…

By Noel Randewich and Sruthi Shankar (Reuters) – Nvidia (NASDAQ:) dethroned Apple (NASDAQ:) as the world’s most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia’s stock market value briefly touched $3.53 trillion, while that of…

Apple is cutting Vision Pro production, possibly halting it by year-end, The Information reported.Demand for the $3,500 devices has been weak, said analyst William Kerwin.Apple may be developing a cheaper, smaller headset to boost consumer interest. Apple is reportedly reducing Vision Pro production, but that doesn’t mean it’s out of…