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Tim Cook

Apple’s first floating store will open in Singapore

7 mins read

The FINANCIAL — Apple today previewed Apple Marina Bay Sands, the first Apple Store to sit directly on the water. Appearing as a sphere floating on the iridescent Marina Bay, the store introduces a new and captivating retail experience at one of the most iconic locations in Singapore. Apple’s newest retail store located in Singapore will soon be open for public on Thursday. Apple’s rich history in Singapore spans more than 40 years, beginning with the first corporate office in Ang Mo Kio. In 1981, the team was responsible for producing the majority of printed circuit boards for Apple II computers…

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Apple’s first floating store will open in Singapore

7 mins read

The FINANCIAL — Apple today previewed Apple Marina Bay Sands, the first Apple Store to sit directly on the water. Appearing as a sphere floating on the iridescent Marina Bay, the store introduces a new and captivating retail experience at one of the most iconic locations in Singapore. Apple’s newest retail store located in Singapore will…

Chinese AI company sues Apple for $1.4 bln over Siri patent

5 mins read

The FINANCIAL — Chinese AI company Shanghai Zhizhen Intelligent Network Technology Co., Ltd., also known as Xiao-i is suing Apple on the grounds of patent infringement. Chinese company filed a formal lawsuit against Apple in Shanghai High People’s Court on 3rd of August 2020. This is not their first encounter over this patent. In a social…

Apple announced 4 for 1 stock split

5 mins read

The FINANCIAL — Apple announced financial results for its fiscal 2020 third quarter ended June 27, 2020. Company’s Board of Directors declared a cash dividend of $0.82 per share of the Company’s common stock. The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. This is…

4 tech giants to defend the size of their companies before Congress

6 mins read

The FINANCIAL — Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google — will appear together before Congress for the first time to justify their business practices. The hearing is supposed to inform lawmakers’ efforts to rethink federal antitrust laws, perhaps making it easier for the federal government…

Apple won appeal over €13 billion against EU

5 mins read

The FINANCIAL — The General Court of the European Union issued its judgment in the Apple State Aid case today (Wednesday 15 July 2020) annulling the European Commission Decision. In 2016 The European Commission concluded that Ireland granted undue tax benefits of up to €13 billion to Apple and it was illegal under EU state aid rules. The Irish…