John Ternus becomes CEO of Apple on Tuesday (Sept. 1), taking over a company whose defining strength has always been tight control of its own technology stack, hardware, software and the chips connecting them, but whose current artificial intelligence strategy runs largely on outside partners....
Apple is laying off nearly 150 employees as it restructures to focus on artificial intelligence, the Los Angeles Times reported Thursday (Aug. 27). The job cuts are at Apple’s Cupertino headquarters and Sunnyvale offices, the report said. Many of the affected jobs are in software...
Starting next week, Apple will have a new CEO: company hardware chief John Ternus. And to help kick off his tenure, the tech giant will, the following week, hold its biggest product rollout of the year, Bloomberg News reported Wednesday (Aug. 26). That event is scheduled for Sept. 9 at...
Apple is realigning some teams as it shifts its focus to new devices and artificial intelligence (AI), Bloomberg reported Friday (Aug. 21), citing unnamed sources. Amid this shift, Apple is cutting jobs across its teams responsible for the Siri digital assistant, the Vision Pro headset and the Intelligent...
Apple says antitrust battles around its App Store are weighing on its services business. The tech giant acknowledged the issue in its most recent filing with the Securities and Exchange Commission (SEC). That filing was flagged in a report Tuesday (Aug. 18) by the Financial...
Apple worked with Alibaba Group to develop and train an Apple artificial intelligence model specifically for the Chinese market, Reuters reported Friday (Aug. 14), citing unnamed sources. Apple has previously used third-party models to power the AI features it offers in the iPhones and other...
Jennifer Bailey, the Apple executive who oversaw the launch of Apple Pay, led the development of Apple Wallet and oversaw the development of Apple Card, is retiring, Bloomberg reported Tuesday (Aug. 11), citing a staff memo from Apple Services chief Eddy Cue. Announcing Bailey’s upcoming...
Merchant-owned apps are becoming more important to retail growth at precisely the moment when the traditional customer journey is beginning to break apart. The PYMNTS Intelligence report “Global Digital Shopping Index: Merchant Edition,” commissioned by Visa Acceptance Solutions, revealed that merchant-owned apps outperformed merchant websites...
The growth of Apple’s Services has been impacted by several countries’ regulatory changes affecting the company’s App Store, 9TO5Mac reported Thursday (July 30). Apple’s third quarter financial results, released Thursday, showed that its Services revenue had its first sequential decline since 2022 and that its...