Apple plant’s Shanghai workers revolt over lockdowns: report

Worker unrest is on the rise at the Shanghai factory of a major supplier for Apple gadgets, with protests at times turning violent in response to draconian “COVID zero” lockdowns. Workers at the Quanta Computer plant – which makes Apple’s MacBook laptops – have been under strict lockdown for nearly two months with limited supplies … Read more

Stocks Wrap Up Another Strong Session

Text size Tech stocks were feeling some pressure Thursday. Getty Images Stocks continued their rally Thursday, as the market chewed over Federal Reserve minutes that suggested the central bank could slow down its rate-hiking at some point soon.  The Dow Jones Industrial Average gained 518 points, or 1.6%. The S&P 500 gained 2%, and the … Read more

Apple Boosting Pay Budget for Workers Amid Tight Labor Market

Apple is boosting pay for workers amid rising inflation, a tight labor market and unionization pushes among hourly store employees. The iPhone maker on Wednesday told employees in an email that the company is increasing its overall compensation budget. Starting pay for hourly workers in the US will rise to $ 22 an hour, or … Read more

Apple Stock Can’t Keep Up With The Market. iPhone Doubts May Be Why.

Text size Apple shares slipped as most tech stocks rose on Wednesday. Getty Images Investors are getting a little jittery about the outlook for Apple iPhone sales. Apple (ticker: AAPL) generates more than half of its revenue from the smartphones, without even counting the billions of dollars brought in by the App Store and the … Read more

Snap’s Gloomy Forecast Prompts Debate Over Trouble for Broader Advertising Market

Snap surprise disclosure that its second-quarter revenue and profit will be lower than expected sent its shares plunging and sparked debate over whether the social-media company’s woes signal a broader slowdown in the online-ad market. During a presentation at an investment conference, Snap Chief Executive Evan Spiegel said “the macroeconomic environment has definitely deteriorated further … Read more

The five best digital art apps for iPad artists

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. By itself, the iPad has a lot of potential for artists, but it needs some really good apps to really make it shine. Here’s … Read more

Audi Chooses Apple Music Over Spotify, Tidal, Amazon and Google

Even if you leave your iPhone at home, Apple Music will still be available in your Audi. Photo: Audi Audi is putting Apple Music on the dashboard of cars sold in Europe, North America and Japan beginning with the 2022 model year. Audi’s older cars in those markets will also get an Over-the-Air (OTA) update … Read more

Apple eyes India to ramp up production outside China

Apple is potentially looking to expand its production in India, moving outside China. The global tech giant is in talks with some of its existing suppliers in the country and is possibly looking to produce for exports as well. Currently, Apple is the second largest exporter from India for handsets after Samsung. According to Counterpoint … Read more

Apple Looks to Boost Production Outside China

TOKYO—Apple has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the discussions said. India and Vietnam, already sites for a small portion of Apple’s global production, are among the countries getting a closer look from the company as … Read more

5 Goods and Services Unaffected by Inflation Right Now

Photo: vanitjan (Shutterstock) The Bureau of Labor Statistics Consumer Price Index for April 2022 shows an increase of .3% for the price of goods compared to the prior month, bringing the 12 month increase on all items to a staggering 8.3%. While products and services hit hardest by rising costs include airline fare, used cars … Read more