Warren Buffett continued to sell Apple during the third quarter, but that wasn't his most surprising move -- not by a long shot.
A rebounding economy and strong growth should help drive this tech titan to new heights.
Apple's iPhone 16 model doesn't meet Indonesia's 40% domestic content requirements for smartphones and tablets and hasn't been granted clearance to be sold in the country. According to Indonesian state media, the government is looking for more than the $100 million in investments the American tech giant has proposed.
Apple is said to be racing to develop a more conversational version of Siri, aiming to catch up OpenAI's ChatGPT and other voice services. Bloomberg's Mark Gurman reports on 'Bloomberg: The Asia Trade'.
Apple is developing a new version of its voice assistant, Siri, powered by advance large language models, according to sources cited by Bloomberg. This more conversational Siri is part of Apple's attempt to catch up in AI, where competitors have released impressive features, like Google's Gemini Live, that are far more natural to talk to than Siri.
Some digital services look like banks, act like banks, but aren't banks — meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fraud.
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include services from Apple and Google, as well as payment firms like PayPal and Block.
Apple Inc. argued in federal court that a U.S. judge should dismiss the Justice Department's antitrust lawsuit at an early stage because it failed to state how the iPhone maker's alleged monopoly has harmed any consumers or developers.
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) saw $90 billion wiped from its value after-hours as the AI chipmaker dealt with the pitfalls of being the world's largest company - namely, exceeding expectations is not always enough. The shares slid 2.5% despite a robust third-quarter performance.
The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.
The major averages ended Wednesday's session mixed, with the S&P 500 closing near the flatline. Here's what CNBC is watching going into Thursday.
Apple wants the dismissal of a case accusing it of illegally dominating the smartphone sector. The company was set to go to court asking a federal judge to throw out the U.S. Department of Justice's (DOJ) antitrust suit, Reuters reported Wednesday (Nov. 20).