iPhone maker

Apple cancels work on electric car, source says

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Apple cancels work on electric car, source says

Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project. Shares of the company were up 0.7% in afternoon trading, having pared some losses from earlier in the trading day. Several employees working on the electric car … Read more

Apple may face ‘Google-like’ legal battle from the US government in 2024

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Apple may face ‘Google-like’ legal battle from the US government in 2024

The US Department of Justice (DOJ) is in the “late stages” of an investigation into Apple and could soon file a “sweeping” antitrust case against the iPhone maker. The investigation, as reported by The New York Times, focuses on the company’s control over hardware and software services and how its “walled garden” approach has made … Read more