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Tag Archives: Apple

AT&T, Apple, Google to work on ‘robocall’ crackdown

More than 30 major technology and communication companies said on Friday they are joining the U.S. government to crack down on “robocalls,” automated, prerecorded phone calls that regulators have labeled a “scourge.” AT&T Inc (T.N), Google parent Alphabet Inc (GOOGL.O), Apple Inc (AAPL.O), Verizon Communications Inc (VZ.N) and Comcast Corp …

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Australia denies banks interim approval to jointly negotiate with Apple on payment apps

Australia’s anti-trust regulator on Friday said it would not grant the country’s three biggest banks interim approval to collectively negotiate with Apple Inc to install their own electronic payments applications on iPhones. Australia’s three biggest banks, including the number one lender National Australia Bank (NAB), last month lodged a joint …

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Apple to boost China investments as demand slows

Apple Inc will boost its investment in China, one of its largest but increasingly challenging markets, and build its first Asia-Pacific research and development center in the country, Chief Executive Tim Cook said on Tuesday. Cook made the pledge during a trip to China, at least his second in four …

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Apple offers big cash rewards for help finding security bugs

Apple Inc (AAPL.O) said it plans to offer rewards of up to $200,000 (£152,433) to researchers who find critical security bugs in its products, joining dozens of firms that already offer payments for help uncovering flaws in their products. The maker of iPhones and iPads provided Reuters with details of …

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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

A federal judge has thrown out a verdict requiring Apple Inc (AAPL.O) to pay VirnetX Holding Corp (VHC.A) $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX’s share price to plunge. VirnetX shares were down $1.93, or 44.6 percent, at $2.40 in Monday morning trading, after …

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As iPhone sales stagnate, services promise growth for Apple

Though Apple Inc (AAPL.O) is selling enough iPhones to keep investors happy for now, the world’s most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth. Apple’s services business alone – which includes the App Store, Apple Pay and iCloud – will …

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Apple sells more iPhones than expected, shares jump after hours

Apple Inc (AAPL.O) sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts’ targets, soothing fears that demand for the company’s most important product had hit a wall. Its shares rose 7 percent in after-hours trading. The …

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Apple to open first Apple Store in Taiwan

Apple Inc is planning to open its first Apple Store in Taiwan, a move that comes after the U.S. technology giant raised $1.38 billion in a bond offering last month on the island that is home to many companies in its supply chain. Apple was seeking “a leader for personnel …

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Apple fires back at Spotify over music streaming claims

Apple Inc fought back on Friday against Spotify’s claims that the U.S. tech giant had hampered competition in music streaming by rejecting an update to the Swedish service’s iPhone app. The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched …

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Samsung takes fight to Apple with mobile wallet strategy

Smartphone leader Samsung Electronics (005930.KS) has for years been a spectator as Apple (AAPL.O) built a services “ecosystem” supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the fight to its U.S. archrival. For Apple, offering users the ability …

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