Apple Gives Up Board Seat at Chinese Ride-Hailing Company Didi
Apple has given up its board seat at Didi Global as the Chinese ride-hailing company struggles to return to growth following crushing fines and restrictions imposed by Beijing's cyberspace regulator, reports Bloomberg's Mark Gurman.
Apple CEO Tim Cook with Didi Chuxing president Jean Liu in 2016 Adrian Perica, Apple's vice president of corporate development, resigned from the board earlier this month, according to a
notice posted on Didi's website.
Perica, who heads Apple's mergers and acquisitions strategy, joined Didi's board in 2016 after Apple made a $1 billion investment in the the ride hailing app. The move was described by CEO Tim Cook at the time as a "strategic investment" that would help Apple better understand the Chinese market.
The problems started for Didi last year, when Apple was informed by China's internet regulator that it must remove the Didi Chuxing ride hailing app from the Chinese App Store, after Beijing raised concerns about the Uber rival's possible misuse of personal data.
Didi's removal from China's mobile app stores effectively hamstrung the company and the action erased more than 80% of its market value. Then last month, following a year-long investigation, Didi was fined $1.2 billion by the Chinese government for infractions that Beijing said compromised national security.
The decision followed broader moves by Beijing to curb the influence of China's largest internet corporations and tighten the ownership of the personal data of hundreds of millions of users held by the likes of Alibaba, Tencent, and others.
Apple's investments and acquisitions have dramatically slowed over the past two years, with the tech giant being more selective in the face of a shaky economy and heightened government scrutiny.
Popular Stories
Apple today released new firmware designed for the AirPods Pro 3, the AirPods 4, and the prior-generation AirPods Pro 2. The AirPods Pro 3 firmware is 8B25, while the AirPods Pro 2 and AirPods 4 firmware is 8B21, all up from the prior 8A358 firmware released in October.
There's no word on what's include in the updated firmware, but the AirPods Pro 2, AirPods 4 with ANC, and AirPods Pro 3...
Apple is preparing for Tim Cook to step down as CEO of the company "as soon as next year," according to the Financial Times.
The company's board of directors and senior executives "recently intensified preparations for Cook to hand over the reins," the report said.
While the report said that Apple is unlikely to name a new CEO before its next earnings report in late January, it went on to ...
Apple recently teamed up with Japanese fashion brand ISSEY MIYAKE to create the iPhone Pocket, a limited-edition knitted accessory designed to carry an iPhone.
iPhone Pocket is available to order on Apple's online store starting today, in the United States, France, China, Italy, Japan, Singapore, South Korea, and the United Kingdom. However, it is already completely sold out in the United...
Most of Apple's Macs are slated to get M5 chips across 2026, and there's a possibility we'll even see the first M6 chips toward the end of the year. Updates are planned for everything from the MacBook Air to the Mac Studio.
MacBook Air (Early 2026)
The MacBook Air will be one of the first Macs to get a 2026 refresh, with an update planned for the first few months of the year. The MacBook...
We're officially in the month of Black Friday, which will take place on Friday, November 28 in 2025. As always, this will be the best time of the year to shop for great deals, including popular Apple products like AirPods, iPad, Apple Watch, and more. In this article, the majority of the discounts will be found on Amazon.
Note: MacRumors is an affiliate partner with some of these vendors. When ...
Starting with the upcoming tvOS 26.2 update, currently in beta, additional profiles created on the Apple TV no longer require their own Apple Account.
In the Settings app on the Apple TV, under Profiles and Accounts, anyone can create a new profile by simply entering a name and indicating whether the profile is for a kid. The profile will be associated with the primary user's Apple Account,...
Walmart's Black Friday sale has officially kicked off today, with an online shopping event that's also seeing some matching deals in retail locations. There are quite a few major discounts in this sale, including savings on headphones, TVs, and more.
Note: MacRumors is an affiliate partner with Walmart. When you click a link and make a purchase, we may receive a small payment, which helps us...
iOS 26 extended pinned conversations in the Messages app to CarPlay, for quick access to your most frequent chats. However, some drivers may prefer the classic view with a list of individual conversations only, and Apple now lets users choose.
Apple released the second beta of iOS 26.2 this week, and it introduces a new CarPlay setting for turning off pinned conversations in the Messages...
Apple provided developers with the third beta of an upcoming iOS 26.2 update, and there are still new features that are being added with each beta that we get. We've rounded up all of the changes that Apple made in beta 3.
AirDrop
Apple added new AirDrop functionality, providing a way for two people to share files temporarily without having to add one another as contacts.
iOS 26.2...
