Tag AAPL

Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect's Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Cook is the latest in a string of big tech leaders — including OpenAI's Sam Altman, Meta's Mark Zuckerberg and Amazon's Jeff Bezos — who have sought to improve their standing with the incoming president after choppy relations with Trump during his first term...

Meta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, siding with Elon Musk in a battle between Silicon Valley’s most powerful artificial-intelligence players. In a letter to Attorney General Rob Bonta dated Thursday, Meta said allowing the ChatGPT maker to become a for-profit company would set a dangerous precedent of allowing startups to enjoy the advantages of nonprofit status until they are poised to become profitable. “OpenAI’s conduct could have seismic implications for Silicon Valley,” Meta wrote in the letter...

Apple CEO Tim Cook will meet Donald Trump on Friday night at the U.S. president-elect's Mar-a-Lago resort in Florida, a source familiar with the matter told Reuters. Business leaders have attempted to establish a positive rapport with Trump since his election win in November. Meta Platforms and Amazon have each donated $1 million to Trump's inaugural fund...

Broadcom CEO Hock Tan’s upbeat projections of AI chip growth potential lifted the company’s stock 24%, despite some fuzziness in his commentary. Plus, The Information’s stories of the week...

The latest trading day saw Apple (AAPL) settling at $248.13, representing a +0.07% change from its previous close...

Apple Inc’s (NASDAQ:AAPL) upcoming switch to in-house chips for Bluetooth and Wi-Fi connections from 2025 will likely impact its partner Broadcom Inc (NASDAQ:AVGO). The Wi-Fi and Bluetooth chips will enable Apple devices to go online via wireless networks, pair with headphones, and more. Taiwan Semiconductor Manufacturing Co (NYSE:TSM) manufactured Proxima, which will power Apple’s first products in 2025, Bloomberg cites familiar sources. Also Read: STMicroelectronics and Qualcomm Launch New IoT...