Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban

Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.

Business - CNBC - November 22

Apple proposes Indonesian factory in bid to reverse iPhone 16 ban

Investment of $100mn in key market would help meet requirement for 40% local content in smartphones

Business - Financial Times - November 21

Is Apple’s iPhone 16 Pro Good for Games?

Apple claims its newest line of phones will let you play everything from Apple Arcade indies to AAA titles. It does, but don't expect a console-level experience.

Tech - Wired - November 4

Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia

Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.

Business - The Wall Street Journal - November 11

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - November 1

Apple iPhone 16 Pro Max review: totally maxed out

Even bigger titanium superphone packs very long battery life and great camera but Apple Intelligence isn’t killer feature. The iPhone 16 Pro Max is Apple’s latest superphone, with a massive screen, ...

World - The Guardian - November 4

Indonesia steps up trade protectionism with Apple and Google phone bans

South-east Asia’s largest economy pushes foreign tech groups to invest locally or lose market access

World - Financial Times - November 5

Indonesia arrests Filipino fugitive accused of running a $67 million investment scam

Authorities on Indonesia’s tourist island of Bali said they've arrested a Filipino fugitive accused of helping scam over $67 million out of clients in the Philippines

World - ABC News - 4 days ago

Apple reports robust demand for iPhone 16 even as overall sales in China slow

Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...

World - The Guardian - October 31

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

While maintaining our wait-for-a-pullback 2 rating for the time being, we're increasing our price target to $250 per share from $240.

Business - CNBC - November 1

McDonald's investing $100 million to lure customers after E.coli outbreak

The U.S. Centers for Disease Control and Prevention has said slivered onions on the McDonald's Quarter Pounders were the likely source of the E. coli.

McDonald’s to Invest $100 Million in E. Coli Outbreak Recovery

Of that, $65 million will go to the McDonald’s franchises hit the hardest.

Business - Inc. - November 16

McDonald's to invest more than $100 million to speed up recovery after E. coli outbreak

This week, the company completed the return of Quarter Pounder burgers, with slivered onions, to all restaurant menus nationwide.

Business - CNBC - November 15

Indonesia wrangles with Apple and suppliers brace for tariffs

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

World - Financial Times - 2 days ago

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

Apple Sales Hit Quarterly Record as iPhone Business Rebounds

Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.

Business - The Wall Street Journal - October 31

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

Business - CNBC - November 1

Apple to buy Pixelmator, the iPhone image editing app with AI features

Pixelmator said there "will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time."

Business - CNBC - November 1

Apple warns future products may never be as profitable as iPhone

Analysts say artificial intelligence and virtual reality headsets might have lower margins than smartphones and App Store

Business - Financial Times - November 5

Apple's four-phone strategy is lagging. One idea to reviving sales: Cut the cameras

Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.

Business - CNBC - November 12

Sick man of Europe? Germany’s bosses sound alarm on staff illness

Studies claim that fewer sick days would have stopped the country’s economy shrinking last year

Business - Financial Times - November 1

Aegon Lifts Outlook, Launches $158 Million Buyback

The financial services company raised its full-year guidance and said it expected to start buying back shares in January.

Business - The Wall Street Journal - November 15

Apple sells $46 billion worth of iPhones over the summer as AI helps end slump

Apple snapped out of a recent iPhone sales slump during its summertime quarter

Tech - ABC News - October 31

Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump

Putting artificial intelligence tech into its flagship product ensured the summer quarter had a positive turnaround.

Business - Inc. - November 1

Exxon to Invest $200 Million to Expand Texas Plants

Exxon plans to expand its effort to build the plans to process 1 billion pounds of waste annually by 2027.

Business - Inc. - November 21

Baby milk price promotion ban should end, watchdog suggests

Many parents opt for more expensive baby milk, equating higher costs with better quality, the watchdog found.

Biden lifts ban on Ukraine using US weapons to strike deeper into Russia

Officials have suggested permission for wider use could be response to North Koreans joining war on Putin’s side. Joe Biden has lifted the ban on Ukraine using long-range missiles to fire into ...

World - The Guardian - November 17

The Papers: US 'lifts ban' on strikes in Russia and royal 'raid'

Monday's papers feature Joe Biden lifting the ban on Ukraine using US arms to strike Russia and a burglary on a royal estate.

Apple MacBook Pro (16 Inch, 2024) Review: More Power

The M4 Pro CPU pushes the performance envelope. But when the only real competition you have is with yourself, what then?

Tech - Wired - November 7

Australia plans world's first social media ban for under-16s

The government says it wants to mitigate the "harm" social media is inflicting on children.

Social media ban for under-16s 'on the table' in UK

The tech secretary Peter Kyle also said he wanted an "assertive" approach from the regulator, Ofcom.

Australia introduces bill to ban under-16s from social media

Technology companies face fines of up to $32.5mn for systemic breaches

World - Financial Times - November 21

Australia Bans Social Media for Everyone Under 16

The law sets a minimum age for users of platforms like TikTok, Instagram and X. How the restriction will be enforced online remains an open question.

Top stories - The New York Times - 2 days ago

Netanyahu offers millions for release of hostages in Gaza

World - Yahoo News - November 19

Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban

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