NEW YORK (AP) – Apple CEO Tim Cook promised a “big week” of product announcements has seen the introduction of a new budget-friendly iPhone trim, an entry-level Macbook tier, updated iPad Air models, refreshed monitors and higher-end chipsets. All of which was on display at hands-on media events held Wednesday in New York, London and Shanghai.
WASHINGTON (AP) – In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs struck down last month by Supreme Court are due refunds.
HONG KONG (AP) – China’s factory activity shrank for a second month in February, though lower U.S. tariffs could bring about a small boost in the coming weeks. The official manufacturing purchasing managers index, or PMI, slipped to 49 from 49.3 in January, a four-month low, the National Bureau of Statistics reported Wednesday.
March 2 – The Washington Post says DHS remains unfunded despite heightened terror threat. As America’s conflict with Iran continues, the Department of Homeland Security is warning law enforcement about the heightened risk of lone wolf attacks. Yet the agency tasked with keeping Americans safe – remains unfunded.
MINNEAPOLIS (AP) – Target plans to spend billions of dollars this year to end a persistent sales slump and to regain its image as a fun place to shop for stylish clothing, housewares, beauty products and packaged food at affordable prices.
SAN FRANCISCO (AP) – Google will lower the lucrative fees imposed on its Android app store and offer a way for rival options to gain its stamp of approval, ending a bruising legal battle that led to one of several rulings condemning its tactics as an illegal monopoly.
SAN FRANCISCO (AP) – Elon Musk is expected to take the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022.
SANTA FE, N.M. (AP) – Jurors in a bellwether trial about the impacts of social media on children on Wednesday watched a deposition of Meta CEO Mark Zuckerberg that explored what the architects of Facebook and Instagram knew from internal research about the negative experiences of young users and how the company responded.
WASHINGTON (AP) – President Donald Trump invited technology companies to the White House on Wednesday to commit to developing their own power generation as he tries to ease tensions over the cost of electricity used by data centers to develop artificial intelligence.
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