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Tag: Apple Inc

Apple and Facebook Increased Profits Explosively in Times of Pandemic

Apple and Facebook Increased Profits Explosively in Times of Pandemic

Apple and Facebook have reported shocking increases in their earnings and revenue in the fourth quarter of 2020, the latest sign that tech companies were a lifeline for pandemic-hit consumers around the world. The quarterly results of the two giants of Silicon Valley They underscored how consumers relied on social media, digital services and electronic […]

Italy fines Apple 10 million euros for promoting the water resistance of the iPhone

Italy fines Apple 10 million euros for promoting the water resistance of the iPhone

The Italian market regulator has filed a 10 million euro fine against Apple by “misleading and aggressive business practices”, for promoting that the latest iPhone models had water resistance without specifying that this was only guaranteed under laboratory conditions. In their latest mobile ‘flagships’, the iPhone 8, X, XS and 11 families, Apple used its […]

Maryland cracking down on stay-at-home order violators

Maryland cracking down on stay-at-home order violators

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 732,153 Global deaths: At least 34,686 US cases: At least 143,055 US deaths: At least 2,513 The data […]

Apple drops after report says iPhone launch could be delayed

Apple drops after report says iPhone launch could be delayed

A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store in Hong Kong on October 10, 2019. Philip Fong | AFP | Getty Images Apple shares dropped late during the trading day on Wednesday after the Nikkei Asian Review reported that the company considered delaying its annual iPhone […]

CVS to hire 50,000, Surgeon General warning

CVS to hire 50,000, Surgeon General warning

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 353,000 Global deaths: At least 15,000 US cases: At least 35,000  US deaths: At least 470 The data […]

Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations

Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations

Tim Cook, chief executive officer of Apple Inc., left, speaks as Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., listens during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images U.S. technology CEOs including Facebook’s Mark Zuckerberg […]

GOP Sen. Hoeven bought up to $250,000 in health fund after briefing

GOP Sen. Hoeven bought up to $250,000 in health fund after briefing

GOP Sen. John Hoeven, R-N.D., purchased between $100,000 and $250,000 of stock in a fund invested in health sciences companies in late January, just days after attending a briefing on the federal government’s response to the coronavirus. The Jan. 29 purchase of shares in the BlackRock Health Sciences Trust II fund, detailed in Hoeven’s financial disclosure […]

Business returns in China as coronavirus outbreak eases

Business returns in China as coronavirus outbreak eases

Dow Inc. CEO Jim Fitterling expressed optimism Monday about the U.S. economy’s ability to recover from the coronavirus, pointing to positive signs coming from Chinese market.  “Our demand is good right now,” Fitterling told CNBC’s Jim Cramer. “In fact, the last two weeks we’ve seen our demand in China bounce back.”  Fitterling, appearing on “Mad […]

Stocks tank 10%, Dow off 30% from record

Stocks tank 10%, Dow off 30% from record

This is a live blog. Here’s the latest.  10:17 am: Stocks fall deeper into bear market territory The Dow and S&P 500 entered a bear market last week, putting an end to the historic bull run that began in the throes of the financial crisis. Monday’s steep losses have sent the major averages further below […]