Amazon has suffered its slowest growth for two decades, knocking $150bn (£120bn) off its value on Thursday, as the pandemic internet shopping boom ground to a halt. The online retail giant said revenues rose by 7pc in the first three months of the year to $116.4bn. This was the slowest growth since 2001, in the…
Apple suffered a widespread outage, knocking services such as Apple Music, iCloud and the App Store offline for some users and even affecting its internal corporate and retail systems. The problems prevented corporate employees from working from home and kept retail staff from completing tasks, according to workers. The outage hindered product repairs, swaps and…
Apple has stopped selling its products in Russia following Vladimir Putin’s invasion of Ukraine, the iPhone maker announced on Tuesday night. The California-based company said it stopped all shipments to its sales channels in Russia last week, while Apple Pay and other services had also been limited. In further action Apple has disabled both traffic…
Tim Cook, the Apple boss, was paid close to $100m (£74m) last year, a huge increase on the previous 12 months, as the iPhone maker rocketed towards a $3 trillion valuation. His total pay for the year to September 25 was $98.7m, up from $14.7m, the Silicon Valley giant revealed in a US filing. The…
Apple has launched a cut-price version of its Apple Music streaming app in a new challenge to Amazon and Spotify that has a catch: users can only search for songs with their voice. Apple on Monday launched Apple Music Voice, which starts at half the normal price of its streaming service, along with new MacBook…
The European Commission is on a collision course with Apple after announcing it will introduce a new law forcing all mobile phone companies to share a common charger. Brussels officials will launch the legislation on Thursday in a move likely to be contested by the iPhone maker, whose devices are charged using its own Lightning…
