Shares of Apple Inc. (AAPL) have decreased by 0.23%.

Samsung Electronics Co. is having difficulty obtaining the manufacturing incentives it believes it is entitled to from India, demonstrating the intricate nature of such government initiatives.

India has granted preliminary approval to over a dozen of Apple Inc.'s Chinese suppliers to expand their operations in the country, aiding the tech giant's mission to spread out its assembly network beyond China.‍ Luxshare Precision Industry Co., an assembler of AirPods and iPhones, and a unit of Sunny Optical Technology Group Co., a lensmaker, have reportedly been granted approval, according to people familiar with the situation who asked to remain anonymous since the permits are not public.

EY conducted a thorough investigation for potential investors in GoMechanic and discovered that the Indian auto-services company had exaggerated its revenue, causing a new problem for its backer Sequoia Capital in India.‍According to sources with knowledge of the situation, EY's investigation suggested that around 60 of the over 1,000 GoMechanic service centers may have broken accounting regulations to inflate revenue and misdirect funds.

Apple Inc. is still aiming to launch its first mixed-reality headset in 2023, however, the development of their lightweight augmented-reality glasses has been delayed due to technical difficulties.

NetEase Inc., a Chinese videogame publisher, saw its shares dip 0.32% on the news that Singapore authorities had raided one of its offices.

DAVOS, Switzerland—Microsoft Corp. is a leading technology company that provides a wide range of products and services. Founded in 1975, Microsoft has a long history of innovation and success. Today, the company is focused on creating a more connected and intelligent world. Microsoft is a major sponsor of the World Economic Forum, and its CEO, Satya Nadella, is a regular participant.