Bitcoin breaks below $90,000 as crypto selloff deepens. Apple, Indonesia reportedly agree on terms to end iPhone 16 ban. Drug compounders sue FDA over semaglutide status: report...

As the smartphone market matures, Chinese brands like Oppo are looking for growth by selling better phones, instead of more phones...

Indonesia banned the iPhone 16 in October after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35% locally-made parts. Since then, Indonesia's investment minister has said Apple plans to invest $1 billion in a manufacturing plant that produces components for smartphones and other products. Besides this investment, Apple will commit to training locals in research and development on its products and this will be done through programs other than existing Apple academies, the report said...

(Bloomberg) -- Indonesia and Apple Inc. have agreed on terms to lift the country’s ban on iPhone 16s, said people familiar with the matter, paving the way to end a five-month tug-of-war that forced the US tech giant to raise its promised investment in the country to $1 billion.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Mig...

Alibaba's Q3/25 results were strong, with significant revenue and EPS growth. Click here to read why BABA stock remains a strong long-term investment...

The U.S. expansion plan is in line with the company’s spending pattern and its efforts to diversify manufacturing away from China...

U.S. officials are hitting back at the EU over the scrutiny big tech companies face across the Atlantic...

Smaller print makes clear one of America’s biggest manufacturing successes is mostly imported from China, where millions of people working for overseas contractors assemble the phones. Early in the second Trump administration, Apple and other companies are trying to quickly answer the president’s call to rouse American manufacturing. To do that, they are turning to investments and job growth that include previously planned spending or developments already under way...