Apple faces challenges that have weighed on Apple stock, including slowing iPhone sales and lack of a strategy for artificial intelligence.
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows. Citing increasing market power of a few big digital companies in India, a government panel in February proposed imposing obligations on them under a new antitrust law which will complement existing regulations whose enforcement the panel said is "time-consuming". India's "Digital Competition Bill" is on the lines of EU's landmark Digital Markets Act 2022.
(Bloomberg) -- Apple Inc.’s iPhone staged a rebound in China last month with shipments rising 52% amid a flurry of discounts from retail partners.Most Read from BloombergIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsWall Street Moves to Fastest Settlement of Trades in a CenturyCatering to the Ultra-Rich Is a Booming Business in AustraliaFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIThe latest figures from