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Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
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Apple agrees to $35 million settlement with some iPhone 7 users
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.CBS News - Top stories - Apple -
China’s spy threat is growing, but the West has struggled to keep up
For years, Western spy agencies have talked of a need to focus on China, but senior officials say the threat has not been taken seriously enough.BBC News - Top stories - China -
Apple could owe you up to $349 in the iPhone 7 settlement. The deadline to register is coming up.
To qualify, you’ll need a piece of information from Apple.MarketWatch - Business - Apple -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China
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