October 24, 2025, 1:00 PM EDT. The Competition Appeal Tribunal ruled that Apple abused its dominant position in the app distribution market, charging excessive and unfair prices through a 30% commission on in-app purchases. The decision stems from a suit led by academic Rachael Kent and could expose Apple to up to £1.5 billion in damages, with a hearing next week to determine compensation and appeal outcomes. Apple vows to appeal, arguing the App Store supports developers and provides a secure, competitive experience, while opponents push for alternative payment systems and more revenue sharing. Analysts say the ruling signals a shift for mobile gaming and may accelerate regulatory pressure toward fairer terms for developers and studios.
October 24, 2025, 12:58 PM EDT. Apple is sprinting through October with speed-boosting hardware and media bets. It unveiled an M5 chip upgrade that speeds the iPad Pro, MacBook Pro, and Vision Pro, while a deal to stream Formula 1 races on Apple TV broadens its ecosystem. Headlines also tease a hot seller for the iPhone Air in China and quirky mentions like Tim Cook and a Steve Jobs coin. Of course there's some negative tech news, but Apple largely dodged it. In this week's One More Thing episode, a new Mac commercial isn't cringe, and the Dual Knit Band for Vision Pro boosts comfort. As October nears its end, questions linger about more good news or fresh twists, including updated AirTags.
October 24, 2025, 12:56 PM EDT. JPMorgan Chase is betting heavily on frontier tech through its Security and Resiliency Initiative, pledging about $10 billion to quantum computing and other advances as part of a broader $1.5 trillion technology push. The bank will fund companies at all stages with financing, advisory support, and capital, citing national-security aims. The piece also highlights Amazon (AMZN) as a leading name in quantum computing via AWS Braket, with market chatter calling AMZN a top-rated quantum stock. Despite a recent dip in cloud growth, optimism centers on AWS, AI, and initiatives like Project Rainier. The report notes Amazon's diversified model, ongoing infrastructure investments, and solid long-term trajectory within the Magnificent Seven.
October 24, 2025, 12:50 PM EDT. Apple's rumored budget 13-inch MacBook could still arrive before the holidays, powered by the A18 Pro chip instead of an M-series processor. Ming-Chi Kuo and DigiTimes have floated a price range of $599-$699, positioning it as a Chromebooks challenger and a budget-friendly Mac. The device would reportedly use an A18 Pro with 8GB RAM and USB-C ports (no Thunderbolt), and a slim, ultrathin chassis offered in multiple finishes. While performance would trail Apple's current Macs, the multi-core CPU is similar to the M1-era MacBook Air, potentially serving as a like-for-like budget replacement. Mass production could begin late Q4 2025 or early 2026, with commercial availability in late 2025 or early 2026, keeping the door open for a year-end reveal.
October 24, 2025, 12:48 PM EDT. Washington, D.C. becomes the center of gravity for AI as NVIDIA's GTC DC returns Oct. 27-29 at the Walter E. Washington Convention Center. The headline act is Jensen Huang's keynote on Tue, Oct. 28 at 12 p.m. ET, expected to outline an AI roadmap for industries, infrastructure, and the public sector. The event features a pregame show at 8:30 a.m. ET with notable analysts, plus 70+ sessions, hands-on workshops and demos spanning agentic AI, robotics, quantum computing, and AI-native telecom networks. Developers meet decision-makers to turn ideas into action, and exhibits-only passes remain available. NVIDIA will live-blog the news from the floor starting Monday, offering color and context as the show unfolds.