Apple eyeing $90bn buyback and dividend hike as coffers overflow April 12, 2022 Apple could unleash $90bn worth of share buybacks and unveil bumper dividend payouts as bosses look to burn off excess cash, a top analyst has predicted.
Apple under spotlight amid spying claims April 10, 2022 The UK’s information watchdog is investigating Apple following whistleblower claims that the Silicon Valley giant had gained access to employee information via their mobile phones. Former senior Apple engineer Ashley Gjøvik filed a complaint to the UK Data Protection Information Commissioner’s Office (ICO) which suggested the iPhone maker used unlawful data collection processes over “years [...]
Apple: iPhone 13 now in green as Tim Cook reveals new ‘budget’ iPhone SE March 8, 2022 Apple CEO Tim Cook has revealed a new iPhone product, an update to the iPad Air and new green colours for the latest iPhone. Speaking at Apple’s keynote address, Cook revealed the iPhone 13 would soon be available in green. The new two finishes – “green” for the iPhone 13 and “alpine green” for the [...]
No more iPhones for Muscovites: Apple pulls all of its products from Russia over Ukraine invasion March 2, 2022 Phone giant Apple said early this morning it has stopped selling iPhones and other popular products in Russia in response to the ongoing conflict in Ukraine. The company is one of the latest major corporations to boycott the country following the invasion ordered by Russian president Vladimir Putin last week. Fellow tech giants Google and [...]
Tech giants prefer fines to compliance says EU’s Margrethe Vestager February 23, 2022 Some tech giants may prefer to pay a fine rather than comply, said the European Union's antitrust chief, citing Apple's recent battle with the Dutch courts.
Apple chief Tim Cook under fire for his £74m pay package February 16, 2022 Top shareholder advisory group Institutional Shareholder Services has told Apple investors to vote against Tim Cook’s $99m (£73m) pay and bonus package. As first reported by the Financial Times this evening, the group told clients in a letter that there was “significant concern” with Cook’s stock awards last year, which were valued at $82m on [...]
Google cracks down on app tracking following Apple’s lead February 16, 2022 Google has announced that it will limit tracking on its Android devices following a growing global privacy crackdown and following Apple’s lead. The tech giant said it wanted to “raise the bar for user privacy” and hopes to curb user data from being shared with third parties. Google said it also planned to eventually phase [...]
Big tech rule book could be agreed as soon as April as EU clamps down on Google and Apple February 15, 2022 Landmark EU rules aimed at curbing the power of tech giants could be agreed between lawmakers and EU countries as soon as April. Although the rules have faced some obstacles, lawmaker Andreas Schwab told Reuters that he is optimistic that an agreement could be reached in record time for a key piece of legislation. Known [...]
EU to probe public sector cloud services following pandemic boom February 15, 2022 European privacy watchdog said today that it will launch joint investigations with 22 national regulators into the use of cloud-based services by the public sector to check if they comply with its privacy safeguards following the digital transformation pandemic boom.
Apple whacked with another £4.2m antitrust fine by Dutch watchdog February 14, 2022 Apple faces another setback today after the Dutch antitrust watchdog fined it €5m (£4.2m) for failing to allow software app makers to use non-Apple payment methods for dating apps on the App store. The tech giant failed to meet the deadline set by the Authority of Consumers and Market (ACM), and represents the fourth time [...]