South Korean firm regains pole position amid biggest drop in iPhone sales since Covid-19 lockdowns Apple has lost its spot as the world’s biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in the global market share. Samsung had been the biggest seller of mobile phones for 12 years until the end of 2023, when sales of Apple’s iPhone models overtook it ..read more

Walter Huang was killed when his car steered in to a highway barrier and Tesla will avoid questions into its technology in a trial Tesla has settled a lawsuit over a car crash which killed an Apple engineer in 2018 after his car veered off a highway near San Francisco, court documents showed on Monday. The settlement was made as the trial was about to start over the high-profile accident involving Tesla’s driver assistant technology, ending a five-year legal battle over the case ..read more

Faster chip, tremendous battery life, premium touch points and a price cut make the best even better Apple’s latest MacBook Air adds more power to an already potent package while maintaining its very long battery life and coming at a lower price than its predecessor. The 2024 model ships with Apple’s latest M3 chip, first seen in the MacBook Pro, giving the company’s thinnest and lightest machine a boost in performance. On the outside the laptop is identical to the 2022 model ..read more

Tech company cuts employees from eight offices in Santa Clara in its first big wave of post-pandemic job cuts Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on 28 March that they were losing their jobs, with the layoffs becoming effective on 27 May, according to reports to regional authorities ..read more

Late-night host reveals Apple advised not to invite tech regulator on his Apple TV+ show and podcast the Problem with Jon Stewart Jon Stewart has accused Apple of urging him not to interview the United States’ head tech regulator, the Federal Trade Commission chair, Lina Khan, on his erstwhile Apple TV+ show and podcast The Problem with Jon Stewart. In an interview with Khan on The Daily Show, which Stewart is guest-hosting on Monday nights through the November election, Stewart asked Khan about her office’s pursuit of anti-trust litigation against such major companies as Amazon and Kroger. Wh ..read more

The tech giant fights regulators on both sides of the Atlantic, as the US government launches a grab-bag of accusations. Plus, Elon Musk’s bad day in court • Don’t get TechScape delivered to your inbox? Sign up for the full article here Apple’s problems have gone transatlantic. Even as it squabbles with the EU over the Digital Markets Act and nervously eyes the UK’s passage of the Digital Markets, Competition and Consumers bill, the company’s biggest fight is now back at home, after the US government launched what will likely be the antitrust case of the decade. From our story: The lawsuit, fi ..read more

Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out The government’s shareholding in NatWest Group has fallen below 30% for the first time since 2008, the bank has confirmed. The public’s stake in the group was last reported at 30.98% on 15 March. We welcome the government’s continued commitment to returning NatWest Group to private ownership. With the government shareholding now below 30%, we have been pleased with the recent momentum to achieving this shared ambition, which we believe is ..read more

Technology groups face hefty fines if they are found guilty of breaching Digital Markets Act Business live – latest updates Apple, Google’s parent company and Meta are being investigated by the EU for potential breaches of the bloc’s new laws designed to police anti-competitive behaviour by big technology companies. The trio face significant fines if they are found guilty of breaching the Digital Markets Act (DMA), a landmark piece of regulation that came into force on 7 March and is aimed at increasing choice for online consumers ..read more

Tax revenues from Silicon Valley giants have made the republic wealthy on paper, but housing and healthcare crises persist In 1956, a chap named TK “Ken” Whitaker, an Irish civil servant who had trained as an economist, was appointed permanent secretary of the finance department in Dublin at the relatively young age of 39. From his vantage point at the top of his country’s treasury, the view was bleak. The Irish republic was, economically and socially, in deep trouble. It had no natural resources, very little industry and was mired in a deep depression. Inflation and unemployment were high. Ir ..read more

The US government filed a sprawling antitrust case against Apple, alleging that the tech giant has illegally prevented competition by restricting access to its software and hardware. 'Apple has maintained its power not because of its superiority, but because of its unlawful exclusionary behavior,' said US attorney general Merrick Garland US accuses Apple of ‘broad, sustained, and illegal’ smartphone monopoly ..read more