South Korea takes steps to curb Apple and Google’s dominance on commissions for developpers

On Wednesday, a parliamentary committee in South Korea voted to recommend amending a law – a key step in banning Google and Apple from forcibly charging software developers commissions on in-app purchases. The development marks the first such step by a major economy. The amendment will come to a final vote in parliament. Both US…

Advertisement

TSMC reports gas contamination at its most advanced chip making facility

On Friday, Apple Inc’s chip supplier Taiwan Semiconductor Manufacturing Co said, a few of its production lines in southern Taiwan have been hit by a contamination of gases that are used in the chipmaking process. The incident is unlikely to significant impact its operations, said TSMC. In a report, Japanese news agency Nikkei reported, TSMC’s most advanced…

Apple moves ahead with self-driving car project, targets production by 2024

According to sources familiar with the matter at hand, Apple Inc is moving ahead with plans on self-driving car technology and is targeting to produce a passenger vehicle by 2024. The self driving passenger vehicle could feature its breakthrough battery technology, said sources familiar with the matter at hand. Apple’s automotive efforts, known as Project…

Organisation for Economic Cooperation and Development readies launch of global digital tax readies

France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…

China Reform Holdings attempting to seize control of British chip designer Imagination

In an exclusive news bulletin, Sky News has revealed that Imagination, which makes graphics processing units (GPUs) for customers including Samsung and Apple and is one of the UK’s most important technology companies, is scheduled to have an emergency board meeting next week in order to discuss the appointment of four representatives of China Reform…

Apple limits online purchases of iphones to 2 per person midst Wuhan coronavirus outbreak

A check on Apple’s website on Friday revealed, Cupertino is limiting customer purchases of iPhones over its online stores to two handsets per person. The measure is applicable to many countries including the United States and China. The development comes in the wake of the Apple closing all of its brick-and-mortar stores outside China, even…

Broadcom signs multi-year agreements with Apple Inc

Chipmaker Broadcom Inc stated, it has entered into two multi-year agreements with Apple Inc for supplying wireless components used in its products. The agreements, “2020 SOWs”, are in addition to existing ones for supplying radio frequency components and modules to Apple. Together the agreements are likely to generate around $15 billion in revenues for Broadcom.…

Amazon’s cloud business facing antitrust scrutiny from FTC

As per a Bloomberg report citing sources familiar with the matter at hand the U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations and now includes its cloud-computing business as well. As per the report, U.S. antitrust enforcers have been asking software companies questions pertaining to Amazon Web…