Epic Games CEO Tim Sweeney said it was Apple's way of retaliating against antitrust lobbying, prompting an EU investigation and a possible billion-dollar fine for Apple.
Tags: Apple
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Latest News
Apple has terminated Epic Games' developer account launched in an app store for iPhones in Europe, according to Epic Games CEO Tim Sweeney.
Counterpoint Research data shows that iPhone sales in China fell sharply during the first half of 2024.
EU fines Apple $2B for favoring its music streaming service over competitors on the App Store, marking the first antitrust penalty against the tech giant. Apple plans to appeal.
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC in June.
Apple permitted occasional discounts to their iPhone 15 models in China to stimulate demand as competition with other brands intensified.
Apple CEO Tim Cook has unveiled the company's significant investments in generative AI during the firm's annual shareholder meeting.
S&P 500 and Nasdaq rise, Dow slips. Warner Bros. Discovery halts Paramount merger talks. Apple scraps electric car project. OpenAI fights NYT lawsuit. Norwegian Cruise Line reports a profitable year.
Apple is reportedly abandoning its "Project Titan" work on developing an autonomous electric car.
The European Commission asserts that the new functionality will negatively impact the functionality and accessibility of iOS web apps, prompting investigations into compliance with the Digital Markets Act.
