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Apple to close retail stores worldwide, except Greater China, until March 27
Apple Inc said late on Friday it will close all its retail stores outside Greater China until March 27, to minimize risk of coronavirus transmission.
World closes borders, restricts travel to contain coronavirus spread
The World Health Organization (WHO) says Europe has become the pandemic'...
Apple’s Tim Cook calls coronavirus a ‘challenge’ at shareholder talk
Tim Cook said for the first time Apple would open its online store in In...
Apple to pay up to $500 million to settle U.S. lawsuit over slow iPhones
The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California.
iPhone makers suspend India production due to lockdown
Foxconn, also known as Hon Hai Precision Industry Co., is suspending operations until April 14, it told Bloomberg News. It intends to resume India production based on further government announcements. A Wistron representative said the company is also adhering to the order, while declining to comment on exactly what products are affected.
Baidu predicts slide in revenue due to coronavirus
From Microsoft Corp. and Apple Inc. to Alibaba Group Holding Ltd., the world’s largest corporations have either scaled back on projections or warned of a hit to their operations from Covid-19.
Big tech swallows most of the hot AI startups
It's particularly important to have a broad, diverse community developing AI because the technology is informing more decisions and has been susceptible to bias, according to researchers. Representatives for Turi and Apple declined to comment, as did Amazon, Facebook, Google and Microsoft.
Buffett extols value of stock bets in a year without big deals
He says the investments are more than just “dalliances” with the companies he takes stakes in.
Wall Street slides as gloomy data adds to fears
The manufacturing sector also clocked its lowest reading since August.
Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks
Warren Buffett said long-term investors should not get caught up in daily headlines.
European shares slump as Apple warning hammers tech sector
The pan-European STOXX 600 index fell 0.8 per cent by 0803 GMT.
Apple warns sales to fall short of target due to coronavirus impact
Manufacturing facilities in China that produce Apple's iPhone and other electronics have begun to reopen, but they are ramping up more slowly than expected, Apple said. That will mean fewer iPhones available for sale around the world, making Apple one of the largest Western firms to be hurt by the outbreak.
Warren Buffett defends investments in stocks, which fuelled record Berkshire profit
Berkshire reported record net income for the year of $81.42 billion, reflecting enormous gains in its common stock holdings.
The art and science behind rebranding and renaming a brand
It is quite common for established companies to have their names changed for reasons varying from business expansion and mergers and acquisitions to new identity and brand crises.
Gold hits 1-month peak as Apple virus warning stifles risk appetite
Spot gold was up 1% at $1,595.97 per ounce by 10:32 a.m. EST (1532 GMT), its highest since Jan. 8.
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