China’s semiconductor equipment makers surged as Washington’s investigation into chips used for Huawei Technologies Co.’s new smartphone spurred

The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over

(Corrects name in paragaph 1 to Xinzhou, not Xinhou) SHANGHAI (Reuters) -The former vice president and head of autonomous driving

Apple says that its App Store has helped generate more than a trillion dollars for the first time, just days ahead of its major developer event. The App Store ecosystem facilitated $1.1 trillion in developer billings and sales last year, according to an independent study from The Analysis Group and commissioned by Apple. That is the result of rapid growth over recent years: that number rose 29 per cent on last year, and by 27 per cent in each of the two years before that. Those increases were partly a result of an increase in the apps that people use as the world opens up, such as taxi services, the report said. Apple’s announcement came just days ahead of its Worldwide Developers Conference, which begins on Monday. That is likely to see a whole new platform for developers to build apps for, with the launch of its new augmented reality headset. The report also comes amid increasing criticism over Apple’s power over the App Store, which is the only way to get apps onto the iPad and iPhone. Critics have argued that control means that Apple is able to make unfair demands on developers, including taking a cut from some sales made within apps and deciding what apps are available. Apple has commissioned a number of such reports in recent years, aimed at highlighting the economic impact of the App Store and the positive effects that can have for developers. The new report focused not on the money made by Apple, or through the store. Instead, it aimed to quantify how much money is made through the ecosystem built around the App Store, which includes billings and sales that are made through apps but without Apple’s involvement. More than 90 per cent of the billings and sales went specifically to the developers, with Apple not taking a cut, the report said. While Apple takes a cut from the sale of apps and digital goods and services within those apps, companies selling physical goods and other services are able to keep the full amount. Of the $1.1 trillion made last year, App Store developers generated $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services, Apple said. Last year, that came particularly from travel apps and ride-hailing. Travel sales on iOS were up 84 per cent last year, the report said. It was not possible to say how much of that gain was the result of the world opening back up after lockdowns and other issues, compared with the specific work of Apple and those App Store developers, economists from Analysis Group said. The report also comes on the 15th anniversary of the App Store, which was launched in 2008. Apple said that iOS developers have earned more than $320 billion on App Store in those 15 years. “We’ve never been more hopeful about — or more inspired by — the incredible community of developers around the world,” said Tim Cook, Apple’s CEO. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future.” Read More Major leak reveals details of Apple’s VR headset days before unveiling Apple is going to reveal something else alongside its headset, rumours suggest Trust and ethics considerations ‘have come too late’ on AI technology New iPhone update ‘completely changes how the lock screen works’ Apple lays bare danger of losing your health data Apple is making a ‘mixed reality’ headset. Here’s what that future might look like

T-Mobile US Inc. exceeded Wall Street’s estimates for profit and mobile phone customer gains and raised its subscriber

Geoffrey Hinton, one of the so-called "godfathers" of artificial intelligence, urged governments on Wednesday to step in and make sure that machines do...

AMSTERDAM--(BUSINESS WIRE)--Aug 17, 2023--

We don't know about you, but #CleanTok is a corner of the internet we find oddly comforting and addicting. Watching these ASMR videos of people tirelessly spraying, wiping, and vacuuming every surface of their households stirs up a vicarious sense of accomplishment and, in turn, motivates us to spruce up our own homes. This trend has also been a rather handy way to discover cheap but useful Amazon products.

The Jujutsu Kaisen skins, including Yuji Itadori, leave Fortnite on Friday, Aug. 25 at 2 a.m. when Fortnite Chapter 4 Season 4 goes live.

Japan has joined the United States and Australia in signing an agreement on a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence

After it was dug out of an attic, a now-collectors’ edition Nintendo 64 Foxdata Chrome Leopard controller has been valued at around £1,000.

ATLANTA--(BUSINESS WIRE)--May 17, 2023--