On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…
A letter posted by a trade body shows, major news publishers seeking more favorable terms from Apple Inc on commissions it collects from them through its app store. The letter, addressing Apple’s CEO Tim Cook, was posted on the website of Digital Content Next (DCN) which represents the Wall Street Journal, the New York Times…
Microsoft aims to hire more than 100 local engineers in order to customize its applications for the African market and create new ones that are customized for the continent. In a significant development, Microsoft Corp stated, it will be investing $100 million in Africa in the next five years, so as to open an Africa…
The development adds to the growing number of high profile executives, and co-founders leaving Facebook’s businesses. In a development that adds to the growing list of executives leaving Facebook, Instagram has notified that Kevin Systrom and Mike Krieger, its co-founders, have resigned as the company’s chief executive officer and chief technical officer. Facebook has provided…
The development underscores the strict rules companies have to comply in to operate in China with Beijing’s regulator trying to create a cyberspace with enhanced censorship policies. Apple has stated it has withdrawn lottery apps from its App Store in China midst tightening regulations and a barrage of criticism from China’s state media. According to…
Trump’s solar tariffs are likely to impose a high cost on the U.S. economy in the short term. In the long run, job creation is likely to be minimal since plants are increasingly moving towards automation. With U.S. President Donald Trump imposing stiff tariffs on solar panels, U.S. renewable energy companies have had to either…
Although Mexico does not use SWIFT, which was earlier compromised by hackers, the cyber punks were able to exploit vulnerabilities in its SPEI system and transfer funds to fake accounts which were emptied by their accomplices. According to two sources close to the investigation at hand, hackers have managed to siphon off hundreds of millions…
Augmented Reality and iOS games are likely to be Apple’s cash cows. With Apple launching its new OS in its latest offerings of iPads and iPhones, its online marketplace has also undergone a significant makeover: it now allows third party developers to add augmented reality apps to it. Its new OS, iOS 11, is being…
The difference in approach to Apple’s and Amazon’s personal assistant is telling. Following Amazon’s lead, Apple is expected to announce its plans this coming week for expanding Siri, its voice assistant, to a large variety of app, in efforts aimed at mirroring Amazon’s runaway success with Alexa. However, engineers and artificial intelligence insiders state, instead…
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