Apple is suing former iOS engineer Andrew Oda for leaking confidential information about the company's product strategies, number of employees, hardware details, and regulatory compliance strategies in violation of a confidentiality agreement.
Apple shares fell by almost 4%, the biggest drop since August 2023, after the US Department of Justice and 15 states sued the company for monopolizing the smartphone market.
The U. S. Department of Justice and 16 state prosecutors filed an antitrust lawsuit against Apple, accusing the iPhone maker of illegally monopolizing the smartphone market and creating obstacles to competitors' access to iPhone hardware and software features.
The U. S. Department of Justice plans to sue Apple on March 21 for violating antitrust laws by blocking access to iPhone hardware and software features.
The U. S. House of Representatives has overwhelmingly passed a bill that gives TikTok's Chinese owner, ByteDance, six months to sell its U.S. assets or face a nationwide ban on the app, which is used by about 170 million Americans.
Apple is actively developing a MacBook laptop with a 20. 3-inch folding display, which is scheduled to begin production in 2027.
The European Commission has fined Apple EUR 1. 8 billion for violating antitrust laws due to the terms of use of the App Store, which disadvantaged competitors in the music streaming market and restricted users.
Apple CEO Tim Cook has promised to reveal the company's plans to use generative artificial intelligence later in 2024 after shareholders rejected a proposal that called for greater disclosure of Apple's use of artificial intelligence and its principles.
Apple has canceled its plans to develop electric vehicles after more than a decade of work and will transfer employees from the project to its artificial intelligence division.
The EU is preparing to impose a €500 million antitrust fine on Apple for its App Store rules that restrict competition.
A Lviv resident tried to smuggle 158 iPhones worth UAH 8 million into Ukraine by hiding them in structural cavities of his car.
The court acquitted Samsung Electronics CEO Lee Jae-yong of accounting fraud charges related to the merger of two Samsung subsidiaries in 2015.
Brad Pitt may play the lead role in Quentin Tarantino's upcoming film The Film Critic, which is reportedly Tarantino's 10th and last film.
Apple CEO Tim Cook announced that generative AI features will become available to customers later in 2024.
Investors are losing confidence in tech giants such as Microsoft, Alphabet, and AMD after their quarterly results failed to meet high expectations for artificial intelligence, sending their market value plummeting by $190 billion.