Tag: Apple
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Apple acquires Israeli audio AI startup Q.ai for $2B
Apple confirmed Thursday that it has acquired Q.ai, an Israeli artificial intelligence startup focused on machine learning for audio and communication—marking a second sale to Apple by founder Aviad Maizels, who previously led PrimeSense, acquired by Apple in 2013 in a deal widely estimated at about $350 million. The purchase price for Q.ai was not…
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Apple Faces Lawsuit Over Allegations of Exploiting Illegally Mined Minerals from Congo
The Democratic Republic of Congo (DRC), a nation rich in natural resources yet plagued by the systemic exploitation of its mineral wealth, has taken a bold step in the global arena by filing a lawsuit against Apple Inc., the world’s most valuable company. The claim centers on accusations that Apple has indirectly profited from the…
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Apple Mobile Processors Are Now Made in America. By TSMC
TSMC’s first Arizona chips are now in production, and Apple is ready to be the first cab off the rank with mobile processors made using the foundry’s 5nm process. Apple’s A16 SoC, which first debuted two years ago in the iPhone 14 Pro, is currently being manufactured at Phase 1 of TSMC’s Fab 21 in Arizona…
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The Democratic Republic of the Congo (DRC) is considering taking legal action against US tech company Apple over using “illegally exploited” minerals by the enterprise
In April, lawyers in Paris representing the DRC stated that Apple had bought essential minerals that were unlawfully transported from the DRC to Rwanda, where they were illegally processed and then incorporated into “the global supply chain.” Lawyer William Bourdon commented on Thursday that Apple had issued a brief response following a formal notice, which…
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The Pyramid of Power: Big Tech’s Ties to the Intelligence Community
The rise of large technology companies, such as Facebook and Google, is not a fairy tale of free market success. It is a dark and disturbing story of corporate welfare and deep ties to the intelligence community. ‘The Pyramid of Power’ is a docuseries by The Conscious Resistance Network (“TCRN”) that exposes people and institutions…
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Apple Removes VPN Apps from Russian App Store Amid Government Pressure
Apple removed a number of virtual private network (VPN) apps in Russia from its App Store on July 4, 2024, following a request by Russia’s state communications watchdog Roskomnadzor, Russian news media reported. This includes the mobile apps of 25 VPN service providers, including ProtonVPN, Red Shield VPN, NordVPN and Le VPN, according to MediaZona.…
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Who Needs Open Banking When You Have Apple FinanceKit?
In its latest iOS 17.4 update, Apple is offering an API called FinanceKit that allows developers to fetch users’ transactions and balance data from users’ Apple Card, Apple Cash, and Apple Savings accounts. The company made a similar move in the U.K. in November 2023. Launch partners in the new update are online budgeting platforms Monarch, YNAB, and Copilot.…
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Apple Card Savings account rate dips for first time since launch
Nearly one year after it launched in the U.S., the Apple Card’s high-yield savings account will be receiving its first-ever interest rate decrease. 4.4% will still be a competitive rate compared to many other popular high-yield savings accounts, which typically offer rates between 4.25% and 5.25%. When the Apple Card’s savings account first became available, it…
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U.S. Sues Apple In Landmark IPhone Antitrust Case
The Justice Department and more than a dozen states and Washington, D.C. filed a lawsuit against Apple on Thursday, alleging the tech giant and iPhone maker violated antitrust laws through restrictive policies that hurt competitors and consumers—one of the largest lawsuits so far in the federal government’s sweeping tech antitrust crackdown. KEY FACTSThe lawsuit, filed in the…
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