FT News Briefing Tuesday, June 4
Jun 4, 2019
Tech giants face mounting antitrust scrutiny as Apple reveals new privacy features. Meanwhile, President Trump's UK visit takes a political turn after a state banquet with the Queen. The complexities of U.S.-Mexico relations emerge as new immigration policies disrupt established norms. Amid rising trade tensions, Mexico grapples with proposed tariffs and the challenge of maintaining its dignity while catering to U.S. demands, all against the backdrop of urgent supply chain issues.
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Tech Giants Under Antitrust Scrutiny
- Tech giants like Google, Apple, Facebook, and Amazon face antitrust investigations.
- Investors reacted negatively, causing a significant drop in market value.
Apple's New Focus: Services and Privacy
- Apple unveiled new privacy tools, services, and features at its developers conference.
- These aim to address stalling iPhone sales and compete with Facebook and Google.
The $12,000 Mac
- Apple's new Mac Pro has a hefty starting price of nearly $6,000.
- With the display and stand, the total cost can exceed $12,000.