Latest Consumer electronics manufacturing News

Apple complains Meta requests risk privacy in spat over EU efforts to widen access to iPhone tech

Dec. 19, 2024 09:31 AM EST

LONDON (AP) — Apple complained that requests from Meta Platforms for access to its operating software threaten user privacy, in a spat fueled by the European Union's intensifying efforts to get the iPhone maker to open up to products from tech rivals. The 27-nation EU's executive...

Best Buy posts another quarterly sales drop while Kohl's sees slump deepen

Nov. 26, 2024 13:33 PM EST

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials. The Richfield, Minnesota-based retailer lowered its annual...

Apple and Google face UK investigation into mobile browser dominance

Nov. 22, 2024 10:49 AM EST

LONDON (AP) — Apple and Google aren't giving consumers a genuine choice of mobile web browsers, a British watchdog said Friday in a report that recommends they face an investigation under new U.K. digital rules taking effect next year. The Competition and Markets Authority took...

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

Nov. 02, 2024 17:15 PM EDT

OMAHA, Neb. (AP) — Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without...