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Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
Reuters38d agoneutral
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak

Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. ‌firm's Indian supplier Tata Electronics, according to documents and a source. The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles ‌from a thicket of suppliers worldwide. It could also upset Apple and its relationship with Tata given most of the supplier arrangements are fiercely protected by Apple, and could also hand rivals, counterfeiters and ​its own vendors a view of who makes what.

Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
Reuters38d agoneutral
Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech

Alphabet shares climbed on Monday as the Google parent made its debut in the blue-chip Dow Jones ‌Industrial Average, replacing Verizon Communications, and immediately ranking among its ‌most influential members. • Its shares rose 3.7% to $350.24, offering one of the biggest boosts ​to the 30-member Dow. • The company replaced Verizon on the index, S&P Dow Jones Indices said in an announcement on June 23.

Comcast, Alphabet, Palantir, SpaceX, Microsoft, and More Stocks That Explain Today’s Market
Barrons.com38d agoneutral
Comcast, Alphabet, Palantir, SpaceX, Microsoft, and More Stocks That Explain Today’s Market

Technology stocks were trading higher in premarket trading Monday as the looked set to finally snap its five-day losing streak. Semiconductor companies, other artificial-intelligence stocks, and the Magnificent Seven were among those rebounding to start the week. Microsoft jumped 2% ahead of the open, while Amazon Alphabet Nvidia Meta and Tesla were all up around 1%.

Bloomberg38d agoneutral
Prediction Markets Emerge in Japan, With Shopping Vouchers

(Bloomberg) -- Even as prediction platforms like Polymarket and Kalshi surged into the global mainstream in recent years, Japan — like its Asian neighbors China and South Korea — remained a no-go zone due to strict anti-gambling regulations. That may be starting to change, thanks to enterprising new startups that are finding ways to skirt regulations.Leading the charge are homegrown platforms launched by Gen Z entrepreneurs. Spearheaded by seven-month-old Miraima, the apps allow users to wager o

Investing.com41d agoneutral
Apple’s Vision Pro hardware chief defects to OpenAI

Apple Inc. is losing a pillar of its spatial computing ambitions to OpenAI. Paul Meade, the Vice President overseeing the Vision Pro headset and Apple’s upcoming smart glasses, is departing the tech giant. Meade will exit Apple by next week to spearhead OpenAI’s burgeoning hardware division, according to a Bloomberg report. At OpenAI, he is tasked with bringing a new family of AI-native devices to life. Neither company has officially commented on the move. Meade isn’t just a manager; he’s an arc

Investing.com41d agoneutral
Investing.com’s stocks of the week

Investing.com -- A strong earnings showing for one memory stock was overshadowed by a rotation out of technology and into more defensive names, while Bitcoin's slide below $60,000 hit crypto-linked stocks over the past few days.

Investing.com41d agoneutral
Trump threatens 100% tariff on goods from nations with digital tax

Investing.com -- President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies, escalating tensions over taxation of U.S. technology firms. In a post on Truth Social, Trump said several European countries are considering digital services taxes and warned that any nation adopting such measures would face immediate 100% tariffs on all goods exported to the United States, and adding that th

Investing.com41d agoneutral
Apple’s big price hike seen as "an unprecedented push to protect margins"

Investing.com -- Apple's decision to raise Mac, iPad and accessories prices by 15% to 25% represents an unprecedented effort to defend gross margins amid record memory cost inflation, Morgan Stanley told investors in a note on Friday, adding that demand resilience and ecosystem lock-in could still drive revenue and earnings upside.

Exclusive-Apple supplier Tata tightens internal controls after data breach, sources say
Reuters41d agoneutral
Exclusive-Apple supplier Tata tightens internal controls after data breach, sources say

Tata Electronics, a key Indian supplier to Apple, has restricted internal access to sensitive systems as it investigates a leak of thousands of secret client files on the dark web, a Tata source and two industry officials said. Tata has ‌also hired a global consultant to conduct a forensic audit and has reported the incident to the Indian government and its clients, said the Tata ‌source, declining to be named given the sensitivity of the matter. Reuters reported this week that ransomware group World Leaks posted more than 200,000 files to the dark web, including purported component design papers from Apple and ​Tesla, both of which are Tata clients.

Morning Bid: Chipflation
Reuters41d agoneutral
Morning Bid: Chipflation

A look at the day ahead in European and global markets from Ankur Banerjee Just as investors were settling into the idea that the AI rally still had legs, Apple delivered a reality check that someone

May PCE: Inflation ticks up to highest level since 2023
Yahoo Finance Video42d agoneutralVIDEO
May PCE: Inflation ticks up to highest level since 2023

May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise 0.4% month-over-month and 4.1% year-over-year Core PCE, which excludes food and energy prices, rose 0.3% monthly and 3.4% annually, marking the highest level since 2023. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson to further examine rising price trends.

Apple raises prices of MacBooks, iPads as memory costs skyrocket
Reuters42d agoneutral
Apple raises prices of MacBooks, iPads as memory costs skyrocket

SAN FRANCISCO, June 25 (Reuters) - Apple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry's datacenter buildout. The move does not affect Apple's main cash cow, the ‌iPhone.

Apple Raises Prices on Macs, iPads by $200 or More on Some Models
The Wall Street Journal42d agoneutral
Apple Raises Prices on Macs, iPads by $200 or More on Some Models

Apple raised the prices of its Macs and iPads early Thursday morning, a week after Chief Executive Tim Cook said the soaring costs of memory and storage chips would force the company’s hand. The company briefly took down its Apple Online Store early this morning as it typically does when announcing new products. When it came back online, the price tags for Mac computers rose roughly 15% to 20% and iPad prices rose 15% to 25%.