Foxconn buys equipment from Apple for expansion in India – Times of India

[ad_1] Foxconn Technology Group has bought $33 million worth of equipment from an Apple unit for its operations in India over the past year, signaling the key iPhone assembler’s accelerating expansion in the country. An Indian subsidiary of the Taiwanese company acquired equipment from Apple Operations Ltd. for operational needs, according to a filing from … Read more

Apple Market Cap: Apple’s market value breaches $3 trillion mark again | International Business News – Times of India

[ad_1] Apple Inc‘s market capitalisation on Friday breached the $3 trillion mark again, as investors bet on the iPhone maker’s ability to grow it’s revenue even as it explores new markets such as virtual reality. Shares of Apple, which is also the world’s most valuable listed company, were up 0.9% at $191.4 in morning trading. … Read more

US stocks: S&P 500 leaps to highest close in 14 months – Times of India

[ad_1] WASHINGTON: The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data that fueled bets that the US Federal Reserve is nearing the end of its aggressive interest-rate hike campaign.Treasury yields slid after a slew of economic data pointed to easing inflation, helping offset … Read more

Tom Holland says he’s taking a “year off” after filming Apple series “The Crowded Room”

[ad_1] Tom Holland said he’s taking off a “year off” after filming the new Apple+ TV series, “The Crowded Room.”  The “Spider-Man” star, who also served as an executive producer on the psychological drama, told Extra this week that he enjoyed playing both acting and producing in it, but acknowledged that it was a “tough time.” … Read more

6/5: Prime Time with John Dickerson

[ad_1] 6/5: Prime Time with John Dickerson – CBS News Watch CBS News John Dickerson reports on a migrant plane sent to Sacramento, an update on union negotiations impacting Hollywood production, and Apple’s virtual reality headset. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn … Read more

India to lure manufacturers with electronics repair pilot project – Times of India

[ad_1] NEW DELHI: India will start a pilot project this week to establish itself as an electronics repair hub by relaxing cumbersome import-export rules, a move that could draw tech majors such as Flex to expand such operations in the country.Prime Minister Narendra Modi has promoted electronics manufacturing in India and attracted the likes of … Read more

Amazon to Shut Down Halo Division, Lays off Some Staff

[ad_1] Last Updated: April 27, 2023, 02:26 IST Amazon, which in March announced it was laying off 9,000 workers as part of its second retrenchment drive, started informing some of the affected employees on Wednesday. (File Photo) The company said it will stop supporting Halo services from July 31, and will fully refund Halo devices … Read more

Dow Jones, S&P 500 and Nasdaq Close Slightly Higher on Benign Note

[ad_1] Last Updated: April 22, 2023, 03:12 IST The broad-based S&P 500 also edged up 0.1 percent to 4,133.52, as did the tech-rich Nasdaq Composite Index, which stood at 12,072.46.(Representative image) Stocks traded within a narrow range for most of the day, extending a choppy period in a week with few major economic releases Wall … Read more

Tim Cook, Sunil Mittal Meet; Commit To Work Closely In India, Africa

[ad_1] Tim Cook and Sunil Bharti Mittal met for an hour this morning. New Delhi: Apple CEO (Chief Executive Officer) Tim Cook met Bharti Group founder and chairman Sunil Mittal and both of them reaffirmed commitment to work more closely in the India and Africa market, Bharti Group said today. Apple has opened its first … Read more

Apple CEO Tim Cook Gifted Vande Bharat Express Scale Model By Railway Minister

[ad_1] Apple CEO Tim Cook is on his visit to India to inaugurate India’s first Apple stores in Mumbai and Delhi. On Wednesday, he was in Delhi to inaugurate the company’s first brand showroom in Delhi’s Saket Mall. Later, he met various ministers of the Indian government, including Prime Minister Narendra Modi, Union Minister of … Read more