Apple $AAPL sales are recovering in China, and the company’s App Store is surviving new E.U. rules for “gatekeeper” tech giants. But the company is close to losing its place as the world’s second-most valuable company to Nvidia $NVDA, the AI chipmaker whose stock continues to make blockbuster gains.
Here’s Quartz’s roundup of the week in tech news.
1 / 8
Meta $META has detected and disrupted six new covert influence operations from countries including China, Iran, and Israel that used artificial intelligence-generated content to spread disinformation.
2 / 8
After a slow start, Apple $AAPL’s iPhone sales in China are rebounding as the smartphone giant continues to offer new discounts to beat out rivals.
3 / 8
After some not-so-successful attempts at making smart glasses, Google $GOOGL seems to be taking another shot through a partnership with augmented reality headset company Magic Leap.
4 / 8
Apple $AAPL refuses to be dethroned in the European Union despite regulators’ best efforts.
In March, the company was forced to make major changes to its operating system and App Store to comply with Europe’s Digital Markets Act (DMA), a set of regulations that seek to rein in the monopolistic power of Big Tech, including Apple and rivals Google $GOOGL and Amazon $AMZN.
5 / 8
Nvidia $NVDA could soon dethrone Apple $AAPL as the second-most-valuable global company by market cap.
6 / 8
Apple $AAPL helped popularize smartphones. Now it’s going to push the world into the next era of telecommunications, this one characterized by a new type of device: AI-powered “IntelliPhones,” said senior Bank of America $BAC analyst Wamsi Mohan.
7 / 8
Amazon $AMZN wants to be a leading player in food delivery and its aiming to do so by by expanding its Grubhub partnership, the e-commerce giant said Thursday.
8 / 8
Leaked internal documents from Google $GOOGL suggest the company may have lied about its Search algorithm.
