WASHINGTON — For months, Apple and Google have been fighting a bill in the South Korean legislature that they say could imperil their lucrative app store businesses. The companies have appealed directly to South Korean lawmakers, government officials and the public to try to block the legislation, which is expected to face a crucial vote this week. The companies have also turned to an unlikely ally, one that is also trying to quash their power: The United States government. A group funded… Source link
Read More »Apple, Bitcoin, Microsoft, Robinhood, Walmart And More
Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week’s bullish calls included big tech stocks and a rare earth materials producer. Cryptocurrency and the leading electric vehicle maker were among the bearish calls seen. The past week was another rough one on Wall Street, with the tumult in Afghanistan giving investors something new to worry about, in addition to the ongoing concerns about the Delta variant, China, inflation, Federal Reserve… Source link
Read More »Australian watchdog considers regulating Apple and Google to boost app store competition | Apple
As Fortnite creator Epic Games continues its global legal battle against Apple and Google over in-app payments, the Australian Competition and Consumer Commission says “upfront rules and regulations” may be needed to force the tech giants to open their app stores to greater competition. For Apple iOS platforms, developers must use the App Store, while for Google, apps can be installed on Android devices outside the Play store either through direct download or alternative marketplaces, but… Source link
Read More »U.S. House members introduce bill targeting Apple and Google app stores
The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman WASHINGTON, Aug 13 (Reuters) – A Republican and a Democratic member of the U.S. House of Representatives introduced a bill aimed at reining in powerful app stores run by companies like Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). The bill is a companion to a measure introduced this week by a bipartisan trio of senators which would bar big app stores from requiring app… Source link
Read More »A new Senate bill would totally upend Apple and Google’s app store dominance – TechCrunch
With two giants calling the shots and collecting whatever tolls they see fit, mobile software makers have long complained that app stores take an unfair cut of the cash that should be flowing directly to developers. Hearing those concerns, a group of senators introduced a new bill this week that, if passed, would greatly diminish Apple and Google’s ability to control app purchases in their operating systems and completely shake up the way that mobile software gets distributed. The… Source link
Read More »U.S. lawmakers introduce bill to rein in Apple, Google app stores
WASHINGTON, Aug 11 (Reuters) – A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). Democratic Senators Richard Blumenthal and Amy Klobuchar teamed up with Republican Senator Marsha Blackburn to sponsor the bill, which would bar big app stores from requiring app providers to use their payment system. It would also prohibit them from punishing apps… Source link
Read More »New Senate bill takes aim at Apple and Google’s app store dominance
The proposed bipartisan legislation by Sens. Richard Blumenthal, Amy Klobuchar and Marsha Blackburn would outlaw certain contractual obligations that app developers say they are forced to accept from major app stores in order to reach consumers. If enacted, the bill could impose sweeping new requirements on major tech platforms; its provisions apply to all app distribution services with more than 50 million users. Under the bill, Apple (AAPL) — for example — could not require apps to use… Source link
Read More »Bipartisan bill targets Apple and Google’s ability to profit from app stores
A new bipartisan bill announced Wednesday seeks to bring more competition to the app store market currently dominated by Apple and Google. The Open App Markets Act, led by Sens. Marsha Blackburn, R-Tenn., and Richard Blumenthal, D-Conn., and Amy Klobuchar, D-Minn., would shake up the business model of both company’s app stores and the structure of their mobile operating systems. The bill targets, in part, the in-app payment systems for companies that own app stores with more than 50 million… Source link
Read More »Were Hedge Funds Right About Apple Inc. (AAPL)?
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 900 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds’ 2018 losses in Facebook and Apple. Let’s take a closer look at what the funds we track think about Apple Inc…. Source link
Read More »Twitter adds third-party signup with Apple or Google
Twitter has introduced third-party login support, letting users create accounts and log in to the social network with their Apple or Google accounts (via 9to5Mac). Currently, there doesn’t appear to be a way to link your Apple or Google account to an existing Twitter account, so third-party login is (at least for the moment) limited to accounts created using the feature. The feature reportedly showed up in the Twitter beta last month, but now it appears to be more widely available. I… Source link
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