Tim Cook makes diplomatic noises about Apple manufacturing in Indonesia Tim Cook made a diplomatic comment about the possibility of Apple manufacturing in Indonesia, after the country’s president pressed ... 04/17/2024 - 2:56 am | View Link
Apple Could Cut Exposure to China by Manufacturing in This Asian Country Most of the company’s product assembly takes place in China, which has become a pressure on Apple amid rising U.S.-China tensions and broader worries about decoupling trade. A new manufacturing base ... 04/17/2024 - 12:13 am | View Link
Apple mulls making products in Indonesia as Tim Cook continues Asia tour Apple is considering manufacturing devices in Indonesia amid efforts to reduce reliance on China. Read more here ... 04/16/2024 - 9:52 pm | View Link
Apple seeks bigger Vietnam supply chain HANOI - Apple Inc wants to increase its investment in Vietnam, state media quoted Tim Cook, the CEO of the iPhone maker, as saying in Hanoi on Tuesday.Vietnam is already a key manufacturing hub for ... 04/16/2024 - 6:10 pm | View Link
Wall Street mixed and European stocks slump as Bank of America profits drop Bank of America saw profits tumble as even the biggest banks are increasingly challenged by high interest rates. 04/16/2024 - 2:55 am | View Link
Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security.
The order comes on the heels of a cleanup program Chinese regulators initiated in 2023 that was expected to remove many defunct or unregistered apps from domestic iOS and Android stores.
Ibotta, the Denver-based digital marketing and consumer rebate platform, raised $328 million for its investors and $198 million for itself in an initial public offering that outstripped expectations this week.
Underwriters had expected the company could get between $76 to $84 a share, in an offering that was intended to allow earlier investors to exit with a nice return.