Liquid Glass launch shows Apple is cautious on AI June 17, 2025 Apple's headline 'liquid glass' announcement at WWDC shows the tech company is deliberately cautious on AI, writes Paul Armstrong.
Has Klarna’s buy now, pay later bubble burst? June 6, 2025 Buy now, pay later services have exploded in the last decade and industry titan Klarna has spearheaded growth. The global BNPL market is expected to top $560.1bn (£412.8bn) in 2025 with 13.7 per cent annual growth. Swedish fintech Klarna has historically dominated the space, notching a net operating income of $1.087bn in 2020. The firm [...]
Stock markets slide on Trump social media missives May 23, 2025 Stock markets across the western world felt the “chill winds” of Donald Trump’s latest trade salvos on Friday after the US President vowed to levy tariffs on imports from Europe and all Apple products made outside the US. America’s S&P 500 index opened down 1.62 per cent as traders pared back bets on US stocks [...]
Markets slump as Trump vows 50 per cent tariffs on the EU May 23, 2025 President Trump has announced he is “recommending” 50 per cent tariffs be imposed on all European Union (EU) imports into the US, sending markets in Europe and the UK into the red. In a post on his Truth Social platform, Trump said that the new rate of trade levies would kick in on 1 June. [...]
Trump threatens Apple with 25 per cent tariff on iPhones May 23, 2025 President Donald Trump issued a warning to Apple on Friday, threatening a 25 per cent tariff on iPhone sales made outside the US. In a Truth Social post, Trump wrote: “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the US… be manufactured and built [...]
CMA must tackle Apple and Google duopoly to ‘unlock UK growth’ May 15, 2025 One of the UK’s leading left-wing think tanks has called on the government to strengthen the powers of the competition regulator to curb the dominance of tech giants like Apple and Google. It has warned that their stranglehold on app marketplaces is holding back innovation, investment, and growth in the British economy. In a new [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
Apple looking at raising iPhone prices May 12, 2025 Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall [...]
Alphabet slides as Apple eyes Google overhaul – and UK probe looms May 8, 2025 Alphabet – Google’s parent company – suffered its worst drop in shares since October on Wednesday, falling 7.5 per cent after the iPhone maker, Apple, revealed a historic sip in Safari search and hinted to a strategic shift to AI-powered rivals. This move may be the first signs of the end for Google’s long held [...]
Apple slammed for App Store violations in Fortnite case May 1, 2025 A US federal judge has found Apple in a wilful violation of a court order requiring it to ease restrictions on app developers, marking a major development in the long-running legal battle with Fortnite creator, Epic Games. The ruling paves the way for the return of Fortnite to the iOS App Store in the US. [...]