Apple (AAPL 0.20%) and Microsoft (MSFT 0.52%) are two of the biggest rivals in tech. And today, they're both spending heavily on artificial intelligence (AI) as their rivalry evolves into yet another chapter.
Apple Inc., the tech giant headquartered in Cupertino, California, is under scrutiny following a $95 million settlement in a class action lawsuit accusing it of unauthorised recordings and data sharing through its Siri voice assistant. While the settlement resolves legal claims, Apple has firmly denied the allegations, reiterating its commitment to user privacy.
Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations.
Indonesia on Wednesday upheld a ban on iPhone 16 sales despite Apple's $1 billion pledge to invest in the country after a negotiation deadlock, citing the company's failure to meet domestic market requirements.
Apple's latest iPhone is reportedly still banned in Indonesia over the country's content requirements. The tech giant had proposed a $1 billion investment in local manufacturing, although Indonesia's government said that isn't enough to meet a regulation requiring 40% of all content in devices to be sourced in-country, the Financial Times (FT) reported Wednesday (Jan.
Last week, a feature recently launched by Apple that summarizes users' notifications using AI pushed out inaccurately summarized BBC News app notifications claiming British darts player Luke Littler had won the PDC World Darts Championship. It's not the first time Apple's AI system, called Apple Intelligence, has distributed fake news notifications to users — and the BBC has been trying for about a month to get Apple to fix the problem.
Apple (NASDAQ: AAPL) is the largest publicly traded company in the world. Throughout its long and storied history, it has been many things — a computing pioneer, a design trendsetter, and an innovator in mobile technology.
Apple Inc (NASDAQ:AAPL, ETR:APC)'s iPhone 16s will remain subject to a sales ban in Indonesia after a US$1 billion plan to bring the technology giant in line with local investment requirements was rejected. Apple had proposed building an AirTag factory in Indonesia by 2026 to produce the tracking devices.
Berkshire Hathaway (BRK.A 0.29%) (BRK.B 0.34%) owns about 45 stocks in its $300 billion portfolio, many of which were hand-selected by CEO and legendary investor Warren Buffett himself. While there's a solid case to be made in favor of pretty much every stock Berkshire owns, there are some that look more attractive than others right now.
Indonesia has upheld its ban on the sale of Apple Inc.'s iPhone 16s, stating that the tech giant's $1 billion investment plan, which includes the construction of an AirTag factory, is not sufficient to meet the country's domestic content requirements.
Apple Inc. (NASDAQ: AAPL) received a downgrade on January 7, as MoffettNathanson lowered its rating to ‘sell' from ‘neutral,' citing a ‘decidedly unattractive' outlook for the tech giant.
Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility, as it has not met domestic content rules, the industry minister said on Wednesday.