Apple Boss Tim Cook Visits Shanghai, with China Sales Under Pressure 

Apple CEO Tim Cook arrives for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. (AFP)
Apple CEO Tim Cook arrives for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. (AFP)
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Apple Boss Tim Cook Visits Shanghai, with China Sales Under Pressure 

Apple CEO Tim Cook arrives for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. (AFP)
Apple CEO Tim Cook arrives for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. (AFP)

Apple CEO Tim Cook said he is currently visiting Shanghai, according to a post on his Weibo account on Wednesday.

Cook said he spent the morning walking along Shanghai's historic Bund River with Chinese actor Zheng Kai and having a local breakfast but did not disclose what other plans he had for this China visit.

His visit comes after the iPhone maker announced that it would open a new retail store in the heart of the Chinese financial hub on Thursday, and as Apple battles falling iPhone sales in China and rising competition from domestic rivals such as Huawei.

Cook made at least two visits to China, Apple's third-largest market by revenue, last year. He also travelled to Beijing around the same time last year, where he visited an Apple store and attended the China Development Forum.



Meta Will Only Make Limited Changes to Pay-or-consent Model

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas/File Photo
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas/File Photo
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Meta Will Only Make Limited Changes to Pay-or-consent Model

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas/File Photo
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas/File Photo

Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday.

"With this in mind, we will consider the next steps, including recalling that continuous non-compliance could entail the application of periodic penalty payments running as of 27 June 2025, as indicated in the non-compliance decision," a Commission spokesperson said in an email.