Apple knocked off perch as world’s most valuable firm by oil giant Saudi Aramco May 12, 2022 Apple has been knocked off its perch of the world’s most valuable company by Saudi Aramco. The oil giant topped $2.426tn this on Wednesday, overtaking the iPhone-maker at $2.415tn, representing just over £10bn. This is the first time the state-backed Saudi Aramco has taken the top spot since 2020 according to the The Financial Times, [...]
Apple executive hands in notice amid return to office policy May 9, 2022 An Apple executive has handed in his notice after the firm demanded that employees return to the office three days a week.
Half of all staff may leave: Apple braces for exodus of workers as return-to-office order does not fly well May 5, 2022 Staff at iPhone and laptop giant Apple are reportedly so unhappy with the company’s return-to-office policy that half of all workers is considering to leave. In March, Apple informed most of its employees they would be expected to return to the office on 11 April, and the company made clear it expects its staff to [...]
Ministers clamp down on data stealing and poorly developed apps May 4, 2022 People downloading apps to smartphones, games consoles and TVs will be better protected from hackers under new government plans to boost security standards. A new report on the threats in app stores published today by the National Cyber Security Centre (NCSC) has shown that people’s data and money are at risk because of fraudulent apps [...]
EU: Apple charged by antitrust regulators over rivals’ access to payment technology May 2, 2022 Apple could be slapped with a hefty fine after EU antitrust regulators said the iPhone maker had abused its position by restricting rivals’ access to mobile wallet technology. Regulators sent a charge sheet known as a statement of objections to the tech giant yesterday, after Apple limited competitors’ access to its NFC chip technology. Apple [...]
Apple beats expectations with record revenues and profits amid looming pandemic headwinds April 29, 2022 Apple has reported record revenues in the second quarter of its financial year with turnover soaring to $97.3bn between January and March.
Apple gears up for another EU antitrust fine for mobile wallet April 28, 2022 Apple is set to be whacked with fresh European antitrust charges next week after it was accused of restricting rivals from accessing mobile payment systems. As reported by the Financial Times, the world’s most valuable firm will be accused of breaking EU law by unfairly blocking third party apps from the wallet. Apple currently requires [...]
Exclusive: Fintech faces a ‘dystopian future’ as software fighting software will cause fatal disruption April 28, 2022 Fintechs are facing a ‘dystopian future’ with software fighting software threatening major disruption later this year. In the software marketplace, Software-as-a-Service (SaaS), where software is supplied online to businesses on a subscription basis, has become endemic. Now in 2022 financial criminals are taking this concept to a new level, with Fraud-as-a-Service. Fraud as a Service [...]
All eyes on Apple and Amazon as quarterly results loom April 27, 2022 With the dismal performance of many big US firms in the past few weeks, all eyes are on Amazon and Apple, who are due to post their quarterly results today.
Amazon faces tide of stateside union action alongside Starbucks and Apple  April 25, 2022 Amazon workers are gearing up to unionise in a second US warehouse, as big name brands continue to feel the sting of impending collective action stateside.