Apple Boss Hails ‘Next Generation of Developers’ on China Visit 

Apple CEO Tim Cook attends the opening ceremony of the China Development Forum at the Diaoyutai State Guesthouse in Beijing on March 23, 2025. (AFP)
Apple CEO Tim Cook attends the opening ceremony of the China Development Forum at the Diaoyutai State Guesthouse in Beijing on March 23, 2025. (AFP)
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Apple Boss Hails ‘Next Generation of Developers’ on China Visit 

Apple CEO Tim Cook attends the opening ceremony of the China Development Forum at the Diaoyutai State Guesthouse in Beijing on March 23, 2025. (AFP)
Apple CEO Tim Cook attends the opening ceremony of the China Development Forum at the Diaoyutai State Guesthouse in Beijing on March 23, 2025. (AFP)

Apple boss Tim Cook on Wednesday praised "the next generation of developers" during a visit to a technology hub in eastern China, as the US tech giant battles to stay relevant in the country's vast consumer market.

The iPhone maker last year lost its status as the best-selling smartphone brand in China, but has sought to boost its ties to the country in recent months.

"Thrilled to meet the next generation of developers at Zhejiang University today," Cook said Wednesday in a post on Chinese social media platform Weibo that included a video of him interacting with students.

The post came as Apple announced it would donate 30 million yuan ($4.1 million) to the college to provide students with technical and business training in app development.

Based in Hangzhou, Zhejiang University is known for producing elite tech talent including Liang Wenfeng, the founder of AI startup DeepSeek.

The company stunned the world this year with a model chatbot that seemed able to match the performance of US rivals at a fraction of the cost.

Cook met China's commerce minister Wang Wentao on the sidelines of a key development forum in Beijing on Monday, with the ministry saying they "exchanged views on Apple's business development in China, China-US economic and trade ties and other topics".

In February, Chinese ecommerce titan Alibaba said it would supply AI technology to power Apple's iPhones in China.



Ubisoft Unveils ‘Creative Houses’ Model as First-Quarter Bookings Miss Expectations

The logo of Ubisoft is seen in Montreuil, near Paris, France, July 13, 2020. (Reuters)
The logo of Ubisoft is seen in Montreuil, near Paris, France, July 13, 2020. (Reuters)
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Ubisoft Unveils ‘Creative Houses’ Model as First-Quarter Bookings Miss Expectations

The logo of Ubisoft is seen in Montreuil, near Paris, France, July 13, 2020. (Reuters)
The logo of Ubisoft is seen in Montreuil, near Paris, France, July 13, 2020. (Reuters)

France's lead videogame maker Ubisoft announced on Tuesday a sweeping reorganization of its internal structure, shifting to autonomous "Creative Houses" tailored to specific gaming genres, as it reported first-quarter net bookings that fell short of expectations.

The company said in a call that the leadership of each Creative House would be selected based on specific gaming genres, and could include those from creative or technical backgrounds, as part of the new approach.

"These units will reflect our diverse types of gaming experiences and will allow for enhanced quality, focus, autonomy and accountability," CEO and co-founder Yves Guillemot said in a statement.

The first such unit, jointly owned with China's Tencent, will manage flagship franchises including Assassin's Creed, Far Cry, and Rainbow Six. Co-CEOs Christophe Derennes and Charlie Guillemot will lead brand development across multiple platforms.

Ubisoft plans to roll out the full organizational changes by the end of the year.

The company reported first-quarter net bookings of 281.6 million euros ($305.7 million), missing its target of around 310 million euros and marking a 2.9% decline from the same period of last year.

It attributed the shortfall to a weaker-than-expected performance from the Rainbow Six Siege game and the delay of a partnership now expected in the second quarter.

Despite the miss, Ubisoft reiterated its full-year guidance and forecast second-quarter net bookings of approximately 450 million euros.

Upcoming releases include Anno 117: Pax Romana, a Prince of Persia remake, and mobile titles Rainbow Six Mobile and The Division Resurgence.