Apple’s App Store has left users and developers “trapped” in an anticompetitive marketplace, Epic Games attorneys said at the start of an antitrust trial in the US.
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Verizon Communications has agreed to sell its media unit, which includes Yahoo and AOL, to Apollo Global Management for $5-billion, as it looks to offload its digital media business.
Taiwan Semiconductor Manufacturing Co expects to be able to catch up with the “minimum requirement” of customer demand for car chips by the end of June, its chairman said.
Apple is set for another showdown with the European Union’s antitrust chief as she escalates an antitrust probe over its App Store.
Twitter has given a disappointing revenue forecast, a sign the social media service hasn’t fully capitalised on the digital advertising boom amid the pandemic.
Twitter temporarily suspended an Oracle executive from posting after he used the social network to publicise the e-mail address and Signal phone number of a journalist whose reporting he found objectionable.
The problem with posting blowout numbers is that it raises the obvious follow-up question: Can you top this? For Apple and Facebook, the answer may be no, or not anytime soon.
Samsung Electronics has snatched back the crown from Apple as the world’s biggest smartphone producer, accounting for a fifth of overall global sales in the first quarter, market research firm Canalys said.
Apple on Wednesday posted sales and profits ahead of Wall Street expectations, fuelled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales.
Huawei is in talks to take control of a Chinese car maker’s electric vehicle unit, two people said, in what is seen as a strategic shift for the world’s largest telecommunications equipment maker.