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Apple loses $113 billion in value due to US law investigation
Apple faces legal action from the US Department of Justice and 15 states, accused of monopolizing the smartphone market and inflating prices, joining other tech giants under regulatory scrutiny. Attorney General Merrick Garland stresses consumer protection against antitrust violations. Additionally, Apple's shares plummeted by 4.1%, losing $113 billion in market value, while its 2024 performance lags behind Nasdaq 100 and S&P 500. The US lawsuit alleges Apple hindered rivals' access to device features, while European investigations focus on app store policies. Apple refutes the US lawsuit, highlighting its innovation and commitment to user privacy, yet remains silent on European probes.
#APPLE #MARKET #ANTITRUST
New Feature: WhatsApp Voice Notes to Text!
WhatsApp users can soon convert voice notes into text for easy viewing. Initially, the feature was launched for iOS, this feature is now being tested for Android. In the latest WhatsApp beta for Android, users can transcribe voice messages into text format, ensuring privacy and encryption.
#APP #WHATSAPP #VOICETOTEXT
