Apple did not immediately respond to an emailed request for comment. Russia's federal anti-monopoly service (FAS) fined Apple in January over what it said was the U.S. company's abuse of its dominant market position. In a statement, the regulator said it had previously found that Apple forced Russian developers to use Apple's payment services with the iOS App Store, in violation of Russia's competition rules...
Continue Reading(Bloomberg) -- Jony Ive, the legendary Apple Inc. veteran who helped design the iPhone and iPad, is turning his attention to a different kind of device: a mobile blender for fruit smoothies. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Stocks, Treasuries Pummeled by Too Hot Jobs Data: Markets WrapJPMorgan’s Dimon Predicts 3.5-Day Work Week for...
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Continue ReadingThe forward price-earnings ratio for the S&P 500 registered 17.9 as of Friday, close to its 5- and 10-year averages...
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