The data behemoth has been implicated in several human rights abuse scandals, and activists critique the secretive deal and its ramifications for the public.
South Korean automaker giant Hyundai is said to be in talks with the iPhone maker for a joint project to produce self-driving electric vehicles.
Price of bitcoin reaches $41,130 after having jumped 9.75 percent during the trading session.
New draft rules were announced as regulatory scrutiny has been growing worldwide of tech giants and their power following a string of scandals over privacy and misinformation.
The US Justice Department had sued Google in October for abusing its dominance in online search and advertising. Amazon and Apple also have been under investigation in Congress and by federal authorities for alleged anticompetitive conduct.
Giants of Big Tech are slated to disclose how their businesses faired in the third quarter of this year with firm financial footing despite turbulent politics and the coronavirus pandemic.
Apple announced four new iPhones with 5G connectivity and said it was shrinking the size and price of its HomePod speaker.
Analysts expect Apple to introduce a selection of iPhone 12 models in multiple sizes tailored for the super-fast 5G telecom networks taking root worldwide, with strong demand for the model anticipated in China.
Amazon, Apple, Facebook and Google "engage in a form of their own private quasi regulation that is unaccountable to anyone but themselves," US lawmakers say in a newly released report.
The US Commerce Department bans downloads of TikTok and WeChat use within the United States as they "threaten national security" amid rising US-China tensions.
The American technology giant at present uses third-party online and offline retailers to sell its products in the south Asian country.
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