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Technology

Caste in California: Tech giants confront ancient Indian hierarchy

OAKLAND, Calif, Aug 15 (Reuters) – America’s tech giants are taking a modern-day crash course in India’s ancient caste system, with Apple (AAPL.O) emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that’s segregated Indians for generations. Apple, the world’s biggest listed company, updated its general employee conduct policy […]

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Technology

Apple supplier Foxconn’s Q2 profit up 12% on cloud demand

A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 10 (Reuters) – Apple Inc (AAPL.O) supplier Foxconn (2317.TW) reported on Wednesday a 12% jump in second-quarter net profit, beating […]

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World

Exclusive: U.S. readies new $1 billion Ukraine weapons package

A view shows a M142 High Mobility Artillery Rocket System (HIMARS) is being fired in an undisclosed location, in Ukraine in this still image obtained from an undated social media video uploaded on June 24, 2022 via Pavlo Narozhnyy/via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 5 (Reuters) – […]

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Technology

Taiwan Apple Inc supplier Pegatron: No stoppage in shipments from mainland China plant

TAIPEI, Aug 5 (Reuters) – Apple Inc (AAPL.O) iPhone assembler Pegatron Corp’s (4938.TW) mainland China plant is operating normally, the company said in a statement on Friday. Contrary to media reports, production has not halted, and there is no stoppage in shipments, the Taiwanese firm said. Register now for FREE unlimited access to Reuters.com Register […]

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Technology

S&P 500 flat as Apple, energy shares weigh

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Eli Lilly falls after cutting annual profit view Eyes on nonfarm payrolls report on Friday Indexes: Dow off 0.16%, S&P flat, […]

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Technology

Breakingviews – Big Tech in finance? There’s a regulator for that

The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 1 (Reuters Breakingviews) – Technology companies have stormed the heights of consumer finance, but they don’t face the regulation […]

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Technology

S&P 500, Nasdaq register biggest monthly gains since 2020

Apple sees continued strength in demand for iPhone Amazon expects higher revenue in third quarter Intel cuts annual forecasts, shares slide Oil giants Exxon, Chevron jump after record revenue Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9% NEW YORK, July 29 (Reuters) – U.S. stocks added to their recent rally on Friday […]

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Technology

Apple faces lukewarm demand in China after quarterly revenue drop -analysts

A customer passes an Apple iPhone 13 advertisement at an Apple shop in Singapore March 18, 2022. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 29 (Reuters) – Apple (AAPL.O) should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned […]

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Technology

Breakingviews – Apple’s aging clout

The new Apple iPhone SE is displayed at the Apple Store on 5th Avenue shortly after it went on sale in Manhattan, in New York City, New York, U.S., March 18, 2022. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 28 (Reuters Breakingviews) – Apple’s (AAPL.O) quarterly results, […]

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Technology

Apple’s privacy changes, TikTok competition inescapable for Meta, for now

A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Stiff competition from TikTok and Apple Inc’s (AAPL.O) privacy changes will remain a cause for concern […]