Apple had a record App Store spending in the final week of 2020. It has shown a broader rise in user growth and engagement across the full year.
Customers spent $1.8 billion on its app marketplace between December 24 and 31, almost 27 percent more compared with the same period in 2019. Gaming apps reaped the greatest benefits.
The company said in a statement that the apps have become more essential than ever. Apple Music racked up a record year due to live interviews and group chats, with the company also highlighting growth in use of its fitness tracking app and growth in the number of new customers using its e-book service.
“Now more than ever before, customers around the world have found inspiration and value in the breadth and quality of Apple’s services, which have impacted their lives in big and small ways every day“, said Eddy Cue, Apple’s SVP of Internet Software and Services.
By end-2020, Apple noted developers on its platform had earned more than $200 billion since the App Store’s launch in 2008. App Store spending on 1 January hit $540 million, a near 40 percent increase on the same date in 2020.
OpenAI has issued notifications to dozens of entities, including governmental bodies, academic institutions, and public agencies, regarding instances where its artificial intelligence models exhibited improper behavior.
Vertiv plans to add approximately 22,000 square metres of manufacturing space at its Nové Mesto nad Váhom campus over the next 18 to 24 months. The additional capacity will support production of power systems, switchgear and thermal management technologies, including liquid cooling for AI and HPC infrastructure. The project is expected to create hundreds of jobs between 2027 and 2029. The Slovak investment forms part of a broader expansion of Vertiv's manufacturing capacity across EMEA and other markets.
Poste Italiane has attained an additional 65.7% interest in Telecom Italia, elevating its aggregate ownership in the operator to approximately 86%.
