The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities. Belgium has launched a criminal probe into the DRC’s allegation. Donald Trump is sworn in as US president. Davos leaders reject climate banking group. And Toyota struggles to jumpstart hydrogen car sales.
Belgium has started a criminal probe into allegations that Apple has knowingly sourced “blood minerals” from the Democratic Republic of Congo, in what lawyers for the central African country have called a “massive laundering and greenwashing operation”.
Local smartphone makers Vivo and Huawei leapfrogged Apple to become the top two sellers in the Chinese market last year, dealing a blow to the iPhone maker as it struggles to introduce AI features on the mainland and fight competition from domestic rivals.
The UK’s competition watchdog has launched an investigation into Apple and Google’s mobile platforms, just days after the government forced out its chair as part of a push to cut the regulatory burden on business.
Daniel Ek’s body-scanning start-up Neko Health has raised $260mn in new capital to fuel expansion of its clinics to the US, as the Spotify founder aims to build what he called the Apple of healthcare.
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
Donald Trump unveils aggressive new policy measures at his inauguration. The Democratic Republic of Congo puts pressure on Apple over critical minerals. David Pilling Apple says it has undertaken all the steps that it can to ensure that the minerals do not come from these conflict mines. The allegation is that it can’t possibly know.
Despite the growing pressure for businesses to abandon DEI policies, many are defiantly standing firm against conservative activists.
With the dominant iPhone franchise, Apple has grown into one of the largest companies in the world in the last two decades. Over its fiscal 2024 (ended Sep.28), the company reported $391 billion in revenue, with over half of these sales coming from the iPhone segment. Ten years ago, the company was generating under $200 billion in revenue.
Investors aren’t ignoring the upsides of cheaper AI models despite Monday’s DeepSeek-inspired stock-market panic.
We recently published a list of the 12 Best Investment Websites To Research Stocks. In this article, we will look at where Yahoo Finance stands against other best investment websites to research stocks.
Nvidia’s sharp turn of fortunes illustrates much deeper problems that investors are ignoring as they send the valuations of Big Tech to the heavens.