Apple, Rare-earth magnet
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As America and China swap shots in the trade battle served up by Donald Trump, Mr Huang has pinged and ponged between Washington and Beijing to reassure both sides it is in their mutual interest to let his company keep selling some of its artificial-intelligence ( AI) chips to Chinese buyers.
Economists criticize Apple's shift towards political appeasement under Trump's pressure, with CEO Tim Cook prioritizing relationships over innovation.
Even as Apple faces mounting challenges — from AI stumbles to fading product innovation — the 64-year-old chief executive retains firm control.
According to University of Michigan economist Justin Wolfers, in recent months, Apple Inc. AAPL CEO Tim Cook has been spending far more time managing politics than pursuing new innovations. Check out the current price of AAPL stock here.
Apple CEO Tim Cook and Senior Vice President of Services Eddy Cue are attending the 2025 Allen & Company Sun Valley Conference in Idaho,
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.
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The Daily Galaxy on MSNElon Musk Gave Apple 72 Hours to Accept His $5 Billion Deal—Tim Cook Said No, and Paid the Price for His DecisionIn the world of technology, few rivalries have been as intense as the ongoing battle between Elon Musk and Tim Cook. Both heads of iconic companies, Musk and Cook, have repeatedly clashed over everything from innovation to market dominance.