Among all the large smartphone manufacturers, Apple has so far been the most cautious in introducing AI-powered photo editing tools -- but perhaps not for much longer.

[Read More]

Tech giant accused of ‘cynical attempt to bust the union’ in decision to shutter location in Towson, Maryland

Workers at the first Apple store to unionize in the US are pushing back against the company’s decision to shut down the store by June, alleging the company’s decision is rooted in “a cynical attempt to bust the union”.

On Monday, the union filed an unfair labor practice charge against Apple, alleging unionized employees at the store in Towson, Maryland, are being denied transfer rights and other rights compared with workers at non-unionized stores. The union is also alleging retaliation for being unionized.

NEW YORK, April 28 — Oil prices rose and stock markets moved unevenly on Monday as the prospect of Iran peace talks remained stalled, ahead of a week full of central bank decisions and corporate earnings.

Iranian Foreign Minister Abbas Araghchi’s visit to Islamabad had fanned hopes for new negotiations with Washington at the weekend but US President Donald Trump scrapped a planned trip by envoys on Saturday.

Both main international oil contracts pushed higher, with Brent crude rising to more than US$108 (RM426) a barrel as the crucial Strait of Hormuz waterway remained largely closed, although lingering hopes that a deal could eventually be reached tempered gains.

Stock markets were mixed, with both the S&P 500 and Nasdaq edging higher to finish at all-time records. But the Dow retreated, along with several leading European and Asian indices.

“It may be that hopes of a diplomatic breakthrough were pretty faint to start with, and markets are now in wait-and-see territory ahead of a heavy week of earnings and economic touchpoints,” said Derren Nathan, head of equity research at Hargreaves Lansdown.

With energy prices remaining high, the US Federal Reserve is expected to keep interest rates unchanged on Wednesday, followed by similar decisions from the European Central Bank and Bank of England.

The US calendar also includes a heavy schedule of earnings from tech giants such as Apple and Meta Platforms, as well as from older industrial companies like Ford and ExxonMobil.

“So far, the earnings season has been relatively strong. The environment is very clear: we are not in a recession,” said Adam Sarhan of 50 Park Investments.

Markets will “remain bullish until proven otherwise,” Sarhan added.

“Investors have been encouraged by corporate news flow over the past few weeks, leading to higher equity prices,” said Russ Mould, investment director at AJ Bell.

He added, however, that “higher oil for longer spells trouble for inflation, which in turn could act as a headwind for the economy”.

Tehran’s top diplomat blamed Washington on Monday for the failure of talks in Pakistan this month – the first and only round of negotiations to end the war.

Araghchi blamed the United States for its “excessive demands”, adding that “safe passage through the Strait of Hormuz is an important global issue”.

Trump told Fox News that if Iran wanted talks, “they can call us” – though he has said the cancellation does not signal a return to hostilities.

Citing a US official and two other sources with knowledge of the matter, US media outlet Axios reported on Sunday that Iran had sent a new proposal to end the war centred on reopening the Strait of Hormuz and ending a US naval blockade there, with nuclear negotiations postponed for a later stage. — AFP

When Apple unveiled its new low-cost MacBook Neo laptop in early March, it did so with the flashy launch video seen above. While some of it is CGI, much of it has very practical roots, as Apple revealed today in a new behind-the-scenes video.

[Read More]

This story was co-published by Puente News Collaborative, a bilingual nonprofit newsroom and funder dedicated to high-quality, fact-based news and information from the U.S.-Mexico border, and Minero Magazine.

Seguir leyendo

Hardware engineering executive is a longtime Apple insider, indicating company will continue strategy that has led to record profits

Apple has announced longtime company veteran John Ternus as the next CEO of the company, succeeding current CEO Tim Cook, who is set to transition to executive chair of Apple’s board of directors later this year.

Ternus’s term as CEO will begin on 1 September. The hardware engineering executive is a longtime Apple insider, indicating the company will stay the course that has led to record profits under Cook’s leadership. Apple’s yearly profit now tops $100bn, and in January it announced record revenue from its iPhones, boosted by renewed demand in China.

Tim Cook has announced that he will step down as the CEO of Apple on September 1, handing over the reins to Apple's head of hardware engineering, John Ternus as he transitions to the role of executive chairman.

[Read More]

Cook, who will stay on as executive chair, praises head of hardware engineering, who will take over on 1 September

Apple announced on Monday that it had named a replacement for Tim Cook as CEO after nearly 15 years, with head of hardware engineering John Ternus succeeding him on 1 September. Cook will stay at the company in the role of executive chair.

“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release.