Apple said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market.
Shares of Apple dropped below $90 on Thursday for the first time since 2014 as Wall Street worried about slow demand ahead of the anticipated launch of a new iPhone later this year.
Apple announced on Friday it will invest 1 billion U.S. dollars in Chinese ride-hailing platform Didi Chuxing.
India has rejected a plan by Apple Inc to import used iPhones, government officials said on Wednesday, a blow to the U.S. tech giant that has been seeking to revive waning sales of its flagship smartphones.
Since 2010, Yu Kai has followed the ritual every year: When a new Apple iPhone comes out, he gets rid of his old one and heads to a store in Beijing to buy the latest model.
Move would likely keep Apple in the dark about security weakness
Tech giant misses expectations for profit, revenue, but CEO dismisses concerns that it is in decline
For years, there has been a limit to the success of American technology companies in China. Capture too much market share or wield too much influence, and Beijing will push back.
US authorities asked for user data from Apple accounts 1,015 times during the second half of 2015, according to figures the iPhone maker released Tuesday.
The encryption debate has continued with new hearings, proposed legislation and other cases that involve locked iPhones and law enforcement demands that the devices be opened to aid investigations.
Apple said the U.S. government had failed to show a continued need for its help accessing a locked iPhone in a New York drug case after a third party came forward with a solution to crack a different phone belonging to one of the shooters in December's San Bernardino killings.
The Federal Bureau of Investigation's secret method for unlocking the iPhone 5c used by one of the San Bernardino shooters will not work on newer models, FBI Director James Comey said.
Many have described iPhone SE as a retro-designed phone with some of the latest technology existing on the flagship iPhone 6s. "An iPhone 5s with a heart of iPhone 6s," some joked online after the launch of the device.
Google has been repeatedly ordered to help federal agents open cellphones, according to court records in seven states that show Apple isn’t the only company facing government demands at the center of a fierce debate over privacy and security.
Apple Inc.'s latest iPhone hit stores across Japan Thursday but far from the throngs of crowds lining up outside stores like Apple's flagship store in Tokyo's upscale Ginza district and large Apple and mobile retailers in shopping hubs like Shibuya, Harajuku and Shinjuku, the response compared to previous launches has been somewhat muted.
Now that the United States government has cracked open an iPhone that belonged to a gunman in the San Bernardino, Calif., mass shooting without Apple’s help, the tech company is under pressure to find and fix the flaw.
The Justice Department said on Monday that it had found a way to unlock an iPhone without help from Apple, allowing the agency to withdraw its legal effort to compel the tech company to assist in a mass-shooting investigation.
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