VENTURE CAPITAL POST

Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.

Foxconn is ramping up hiring and production at its Zhengzhou iPhone plant ahead of Apple's iPhone 16 launch, offering competitive wages and bonuses to meet production demands.

Despite initial plans to fill OpenAI's board seats, Apple and Microsoft will exit instead to avoid regulatory concerns but will continue their collaborative partnerships.

Over 100 Top CEOs from America's largest companies avoided financially supporting major party candidates in the 2024 presidential race, with most focusing contributions on congressional campaigns instead.

Epic Games has announced its intention to challenge Apple's demand regarding changes to its user interface.

Apple has secured an observer role on OpenAI’s board as part of a significant agreement, with Phil Schiller, the head of Apple’s App Store, appointed to the position.

Apple plans to introduce redesigned AirPods equipped with infrared sensors, comparable to the Face ID technology on iPhones, by 2026, aiming to integrate these wireless headphones with its Vision Pro headset and future releases.

Apple Vision Pro arrived in China on Friday, June 28, and was priced 18% higher than in the US. Chinese consumers shared their opinions on social media.

The European Commission released a preliminary ruling that found Apple violating the European Digital Markets Act.

Apple and Meta are in talks to integrate Meta's generative AI into Apple's AI system for iPhones, with Apple also exploring partnerships with other AI firms. However, the deals are not yet finalized.

Apple announced it will discontinue its "buy now, pay later" service in the U.S. as it launches a new loan program allowing installment loans through credit and debit cards via Apple Pay later this year.

Apple's generative AI feature, "Apple Intelligence," is exclusive to iPhone 15 Pro models only, according to analysts. The company is using this strategy to nudge customers with older models to upgrade.

Apple is facing a proposed class action lawsuit alleging it systematically underpaid over 12,000 female employees in California.

Apple's deal to integrate ChatGPT into its devices for iOS18 is reportedly without financial compensation, with OpenAI banking on "exposure" to Apple's consumer base.

Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.