Bloomberg Amazon.com Inc, Apple Inc and other US technology giants would have to sell or exit key businesses under sweeping antitrust legislation proposed by House lawmakers. The proposal is among a series of bills by House Democrats and Republicans that would place significant new constraints on how tech platforms run their businesses and give antitrust enforcers more legal authority to ...
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Apple readies IPad Pro with wireless charging, new IPad mini
Bloomberg Apple Inc is working on a new iPad Pro with wireless charging and the first iPad mini redesign in six years, seeking to continue momentum for a category that saw rejuvenated sales during the pandemic. The Cupertino, California-based company is planning to release the new iPad Pro in 2022 and the iPad mini later this year, according to people ...
Read More »Verizon is finally giving away free iPhones to win over 5G clients
Bloomberg Facing pressure from its wireless competitors, Verizon Communications Inc is offering free Apple and Android phones to customers who sign up for unlimited plans on its faster 5G network. Once a holdout on giveaways to existing customers, the largest US wireless carrier is now matching similar trade-in offers from AT&T Inc and T-Mobile US Inc — part of an ...
Read More »EU, UK open first antitrust probe into Facebook
Bloomberg Facebook Inc is facing its first in-depth probe by European regulators, the latest in a series of efforts to crack down on big tech market dominance across the continent. The European Commission said it will investigate whether Facebook misuses a trove of data gathered from advertisers to compete against them in classified ads. It will also check if the ...
Read More »WhatsApp sues India government over new internet rules
Bloomberg Facebook Inc’s messaging platform WhatsApp has filed a lawsuit challenging Indian rules that would require the company to provide access to encrypted messages, aggravating an already tense relationship between Silicon Valley giants and the government in a country where they have hundreds of millions of users. WhatsApp filed the lawsuit in the Delhi High Court, the company confirmed. The ...
Read More »Apple plans redesigned AirPods for 2021
Bloomberg Apple Inc is readying a revamp of its entry-level AirPods for this year and a second generation of the AirPods Pro for next year. The new base AirPods will mark the first update to the product since March 2019 and will add a new design that mostly mirrors that of the AirPods Pro. The earbuds will come with a ...
Read More »Apple readies MacBook Pro, MacBook Air revamps
Bloomberg Apple Inc is preparing to release several new Mac laptops and desktops with faster processors, new designs and improved connectivity to external devices, accelerating the company’s effort to replace Intel Corp chips and leapfrog rival PC makers. The overhaul encompasses a broad range of Macs, including Apple’s higher-end laptop, the MacBook Pro; the laptop aimed at the mass market, ...
Read More »Flying taxis may take off in Europe by ’24
Bloomberg Electric flying taxis may be cleared for takeoff in European skies by 2024 or 2025, according to the region’s top air-safety regulator. Piloted craft that take off vertically could see commercial use carrying packages before passengers, Patrick Ky, executive director of the European Union Aviation Safety Agency (EASA), said in an online event. Autonomous drones will take at least ...
Read More »Chip crisis in ‘danger zone’ as wait times reach new record
Bloomberg Shortages in the semiconductor industry, which have already slammed automakers and consumer electronics companies, are getting even worse, complicating the global economy’s recovery from the coronavirus pandemic. Chip lead times, the gap between ordering a chip and taking delivery, increased to 17 weeks in April, indicating users are getting more desperate to secure supply, according to research by Susquehanna ...
Read More »Sony warns tight PlayStation 5 supply to extend into next year
Bloomberg Sony Group Corp warned a group of analysts the PlayStation 5 (PS5) will remain in short supply through 2022, suggesting the company will be constrained in its ability to boost sales targets for its latest games console. While reporting financial results in late April, the Japanese conglomerate said it had sold 7.8 million units of the console through March ...
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