Trump Hosts Apple CEO at Mar-a-Lago as Big Tech Leaders Continue Outreach to President-Elect

Chief Executive of Apple, Tim Cook, makes a thumbs up as he accompanies Britain's King Charles III for a visit of the firm’s UK headquarters, in London, on December 12, 2024. (AFP)
Chief Executive of Apple, Tim Cook, makes a thumbs up as he accompanies Britain's King Charles III for a visit of the firm’s UK headquarters, in London, on December 12, 2024. (AFP)
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Trump Hosts Apple CEO at Mar-a-Lago as Big Tech Leaders Continue Outreach to President-Elect

Chief Executive of Apple, Tim Cook, makes a thumbs up as he accompanies Britain's King Charles III for a visit of the firm’s UK headquarters, in London, on December 12, 2024. (AFP)
Chief Executive of Apple, Tim Cook, makes a thumbs up as he accompanies Britain's King Charles III for a visit of the firm’s UK headquarters, in London, on December 12, 2024. (AFP)

Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect's Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly.

Cook is the latest in a string of big tech leaders — including OpenAI's Sam Altman, Meta's Mark Zuckerberg and Amazon's Jeff Bezos — who have sought to improve their standing with the incoming president after choppy relations with Trump during his first term.

Trump has said he has spoken with Cook about the company's long-running tax battles with the European Union.

The meeting comes less than two months after Trump said he spoke to Cook by phone, and soon after Apple lost its last appeal in a dispute with the EU over 13 billion euros ($14.34 billion) in back taxes to Ireland.

"He said the European Union has just fined us $15 billion," Trump recalled of his conversation with Cook, in an October interview with podcaster Patrick Bet-David. "Then on top of that they got fined by the European Union another $2 billion."

The decision by the EU top court was the finale to a dispute that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across the 27-nation bloc. The European Commission in 2016 ruled that Ireland granted Apple unlawful aid that Ireland was required to recover.

Trump's transition team and Apple did not immediately respond to a request for comment about his dinner with Cook.

OpenAI CEO Altman is planning to make a $1 million personal donation to Trump’s inauguration fund, the company confirmed Friday. Amazon and Meta, the parent company of Facebook and Instagram, confirmed this week they had each donated $1 million to Trump’s inaugural fund.

During his first term, Trump criticized Amazon and railed against the political coverage at The Washington Post, which Bezos owns. Meanwhile, Bezos had criticized some of Trump’s past rhetoric. In 2019, Amazon also argued in a court case that Trump’s bias against the company harmed its chances of winning a $10 billion Pentagon contract.

More recently, Bezos has struck a more conciliatory tone. Last week, he said at The New York Times’ DealBook Summit in New York that he was "optimistic" about Trump’s second term while also endorsing president-elect’s plans to cut regulations.

The donation from Meta came just weeks after Meta CEO Zuckerberg met with Trump privately at Mar-a-Lago.

During the 2024 campaign, Zuckerberg did not endorse a candidate for president, but voiced a more positive stance toward Trump. Earlier this year, he praised Trump’s response to his first assassination attempt.



Russia Confirms Ban on WhatsApp, Says No Plans to Block Google

Men pose with smartphones in front of displayed Whatsapp logo in this illustration September 14, 2017. REUTERS/Dado Ruvic/File Photo
Men pose with smartphones in front of displayed Whatsapp logo in this illustration September 14, 2017. REUTERS/Dado Ruvic/File Photo
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Russia Confirms Ban on WhatsApp, Says No Plans to Block Google

Men pose with smartphones in front of displayed Whatsapp logo in this illustration September 14, 2017. REUTERS/Dado Ruvic/File Photo
Men pose with smartphones in front of displayed Whatsapp logo in this illustration September 14, 2017. REUTERS/Dado Ruvic/File Photo

Russia has blocked the popular messaging service WhatsApp over its failure to comply with local legislation, the Kremlin said Thursday, urging its 100 million Russian users to switch to a domestic alternative.

Moscow has for months been trying to shift Russian users onto Max, a domestic messaging service that lacks end-to-end encryption and that activists have called a potential tool for surveillance.

"As for the blocking of WhatsApp ... such a decision was indeed made and implemented," Kremlin spokesman Dmitry Peskov told reporters.

Peskov said the decision was due to WhatsApp's "reluctance to comply with the norms and letter of Russian law".

"Max is an accessible alternative, a developing messenger, a national messenger. And it is an alternative available on the market for citizens," he said.

Anton Gorelkin, a member of the Russian parliament and vice chair of its IT committee, said on Thursday that there were no plans to block Google in Russia.

WhatsApp, owned by US social media giant Meta, said Wednesday that it believed Russia was attempting to fully block the service in a bid to force users onto Max.

"We continue to do everything we can to keep users connected," it said.


Samsung Starts Mass Production of Next-gen AI Memory Chip

A man walks past the logo of Samsung Electronics displayed on a glass door at the company's Seocho building in Seoul on January 29, 2026. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed on a glass door at the company's Seocho building in Seoul on January 29, 2026. (Photo by Jung Yeon-je / AFP)
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Samsung Starts Mass Production of Next-gen AI Memory Chip

A man walks past the logo of Samsung Electronics displayed on a glass door at the company's Seocho building in Seoul on January 29, 2026. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed on a glass door at the company's Seocho building in Seoul on January 29, 2026. (Photo by Jung Yeon-je / AFP)

Samsung Electronics has started mass production of a next-generation memory chip to power artificial intelligence, the South Korean firm announced Thursday, touting an "industry-leading" breakthrough.

The high-bandwidth "HBM4" chips are a key component for AI data centers, with US tech giant Nvidia -- now the world's most valuable company -- widely expected to be one of Samsung's main customers.

Samsung said it had "begun mass production of its industry-leading HBM4 and has shipped commercial products to customers".

"This achievement marks a first in the industry, securing an early leadership position in the HBM4 market," AFP quoted it as saying in a statement.

A global frenzy to build AI data centers has sent orders for advanced, high-bandwidth memory microchips soaring.

South Korea's two chip giants, SK hynix and Samsung, have been racing to start HBM4 production.

Taipei-based research firm TrendForce predicts that memory chip industry revenue will surge to a global peak of more than $840 billion in 2027.

The South Korean government has pledged to become one of the world's top three AI powers, alongside the United States and China.

Samsung and SK hynix are among the leading producers of high-performance memory chips.


Siemens Energy Trebles Profit as AI Boosts Power Demand

FILED - 05 August 2025, Berlin: The "Siemens Energy" logo can be seen in the entrance area of the company. Photo: Britta Pedersen/dpa
FILED - 05 August 2025, Berlin: The "Siemens Energy" logo can be seen in the entrance area of the company. Photo: Britta Pedersen/dpa
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Siemens Energy Trebles Profit as AI Boosts Power Demand

FILED - 05 August 2025, Berlin: The "Siemens Energy" logo can be seen in the entrance area of the company. Photo: Britta Pedersen/dpa
FILED - 05 August 2025, Berlin: The "Siemens Energy" logo can be seen in the entrance area of the company. Photo: Britta Pedersen/dpa

German turbine maker Siemens Energy said Wednesday that its quarterly profits had almost tripled as the firm gains from surging demand for electricity driven by the artificial intelligence boom.

The company's gas turbines are used to generate electricity for data centers that provide computing power for AI, and have been in hot demand as US tech giants like OpenAI and Meta rapidly build more of the sites.

Net profit in the group's fiscal first quarter, to end-December, climbed to 746 million euros ($889 million) from 252 million euros a year earlier.

Orders -- an indicator of future sales -- increased by a third to 17.6 billion euros.

The company's shares rose over five percent in Frankfurt trading, putting the stock up about a quarter since the start of the year and making it the best performer to date in Germany's blue-chip DAX index.

"Siemens Energy ticked all of the major boxes that investors were looking for with these results," Morgan Stanley analysts wrote in a note, adding that the company's gas turbine orders were "exceptionally strong".

US data center electricity consumption is projected to more than triple by 2035, according to the International Energy Agency, and already accounts for six to eight percent of US electricity use.

Asked about rising orders on an earnings call, Siemens Energy CEO Christian Bruch said he thought the first-quarter figures were not "particularly strong" and that further growth could be expected.

"Demand for gas turbines is extremely high," he said. "We're talking about 2029 and 2030 for delivery dates."

Siemens Energy, spun out of the broader Siemens group in 2020, said last week that it would spend $1 billion expanding its US operations, including a new equipment plant in Mississippi as part of wider plans that would create 1,500 jobs.

Its shares have increased over tenfold since 2023, when the German government had to provide the firm with credit guarantees after quality problems at its wind-turbine unit.