torsdag 22 augusti 2024

Economy

Apple allows users to delete App Store in iPhone

iPhone users in the EU will be able to delete the App Store and Safari, as well as the camera, photo and text messaging apps. This is stated by the tech giant for developers, according to AFP. The same applies to iPad users.

"Only settings and phone will be impossible to delete," Apple writes on a support page for developers.

The background is the tech giant's long-standing dispute with the EU, which recently culminated in the union's new digital law DMA, notes the news agency.

Users should also be able to manage their basic settings for browsers, messages, phone calls and other services, Apple said.

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US growth
Weaker labor market than expected in the US

The number of people employed in the United States between April 2023 and March 2024 is written down by 818,000. That is clearly more than the 500,000 that was expected, according to Bloomberg's compilation of estimates.

Ahead of the figure, Bloomberg has written that a sharp downward revision could increase recession worries on the stock market and give water to the mill for those who have warned that the Fed is lagging behind in lowering interest rates.

Wall Street initially reacted positively but has since turned down towards zero.
 

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