Apple employees hit back over return to the office June 7, 2021 Apple employees are pushing back against chief executive Tim Cook’s plans for a widespread return to the office. In a company-wide memo last week Cook said staff must return to the office for three days a week from September, with some teams required to come back in four or five days. But staff have launched [...]
iPhones to capture 40 per cent of smartphone market value next year, research shows June 7, 2021 Sales of iPhones will bring in over $200bn in 2022, accounting for nearly 40 per cent of the total smartphone market. A new report from Juniper Research shows that iPhones will dominate the market despite representing less than 20 per cent of devices sold next year. Apple has managed to consistently convince users to buy [...]
Apple staff called back to the office for three days a week June 3, 2021 Apple employees must return to the office for three days a week from September, chief executive Tim Cook has said, as the tech giant signalled an end to the work-from-home era. In a company-wide memo, the Apple boss said: “For all that we’ve been able to achieve while many of us have been separated, the [...]
Tim Cook to take the stand in Apple’s Fortnite ‘monopoly’ battle May 21, 2021 Apple boss Tim Cook will take the stand today to defend his company against allegations of monopoly power as part of a high-profile legal battle with Fortnite maker Epic Games. The iPhone chief is expected to spend more than two hours fighting back against claims Apple abuses its market power through its App Store. Epic [...]
Screenshot: Have the streaming wars just gone nuclear? May 21, 2021 This week **Media Moment of the Week: That’ll do, you donkeys **Have the streaming wars just gone nuclear? **Can London close the tech gap on Silicon Valley? Media Moment of the Week: That’ll do, you donkeys Shrek turned 20 this week. Ah lovely, an innocent reminder of youth, I bet you’re thinking. Wrong. It’s actually [...]
Apple hit with £1.5bn UK lawsuit over ‘excessive’ app store charges May 11, 2021 Apple is being sued for £1.5bn in a landmark UK class action lawsuit that accuses the tech giant of charging “excessive and unlawful” fees on its App Store. The claim, which has been filed in the Competition Appeal Tribunal in London, alleges that Apple deliberately shuts out competition by forcing consumers to use its own [...]
Screenshot: Is Trump’s Facebook ban too hot to handle? May 7, 2021 This week **Media Moment of the Week: Brits love bent coppers **Is Trump’s Facebook ban too hot to handle? **ITV’s Summer of Love (Island) Media Moment of the Week: Brits love bent coppers Ok, so you might not have been the biggest fan of the Line of Duty season finale on Sunday. In fact, you [...]
Spotify launches podcast subscriptions as Apple rivalry heats up April 27, 2021 Spotify today revealed plans to launch a paid subscription platform for podcasters as the streaming service’s rivalry with Apple continues to heat up. The feature, which will initially launch in the US, means podcast creators can mark certain episodes as subscriber-only and publish them on Spotify, as well as on other podcast services. It comes [...]
EU to charge Apple with anti-competitive behaviour over Spotify row April 27, 2021 The EU will reportedly file antitrust charges against Apple this week over accusations its dominance of the app market has harmed competition. The case relates to a complaint lodged by Spotify in 2019, which accused the iPhone maker of unfairly restricting rivals to its own Apple Music service and complaining about the company’s 30 per [...]
City A.M. TV: Daily Market Snapshot (video) April 26, 2021 Since early April, US equity markets have been in a persistent uptrend. That’s been is aided and abetted by (i) notable US dollar weakness; (ii) lower bond yields (resulting in tech outperformance); and (iii) a strong Q1 earnings season, with most US companies surprising markets to the upside. In that respect, and while US equity indices [...]