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Apple's AirPower. Photo: AFP Contributor/Getty Images

Apple announced on Friday that it was cancelling its delayed AirPower wireless charger, saying the product "will not achieve [its] high standards."

Details: “After much effort, we’ve concluded AirPower will not achieve our high standards and we have cancelled the project. We apologize to those customers who were looking forward to this launch. We continue to believe that the future is wireless and are committed to push the wireless experience forward," said Dan Riccio, Apple’s senior vice president of Hardware Engineering. AirPower had been set to ship last year, but was delayed.

Why it matters: The cancellation is a significant setback for the company which has made a big push toward wireless charging. The wireless charger, announced last year, was designed to make it easier to charge multiple devices.

With the cancellation, Apple is dependent on third-party wireless chargers for the iPhone and AirPods, while Apple Watch requires a custom charger.

Wireless charging has remained largely limited to powering a single device placed in a specific spot on a charging mat.

Go deeper

Clarence Thomas says Supreme Court could be "most dangerous" branch

Photo: Tasos Katopodis/Getty Images

Justice Clarence Thomas on Thursday, during rare public remarks at the University of Notre Dame, warned against politicizing the Supreme Court.

Driving the news: Thomas, the court's longest-serving member, said that the justices do not rule based on "personal preferences" and that politicians should not "allow others to manipulate our institutions when we don’t get the outcome that we like," per the Washington Post.

FTC releases findings on how Big Tech eats little tech

Photo illustration: Sarah Grillo/Axios. Photo: An Rong Xu/Washington Post via Getty Images

Federal Trade Commission chair Lina Khan signaled changes are on the way in how the agency scrutinizes acquisitions after revealing the results of a study of a decade's worth of Big Tech company deals that weren't reported to the agency.

Why it matters: Tech's business ecosystem is built on giant companies buying up small startups, but the message from the antitrust agency this week could chill mergers and acquisitions in the sector.

First look: Biden's economic case for green cards

Photo: Win McNamee/Getty Images

The White House Council of Economic Advisors (CEA) is promoting the economic benefits and costs of providing green cards to millions of unauthorized immigrants in a blogpost being released on Friday, according to a draft provided to Axios.

Why it matters: The post comes as the fate of millions of immigrants, including those with Temporary Protected Status or DACA protections, rests with Congress — and the Senate parliamentarian.