The battle between Apple (AAPL) and Facebook parent Meta (FB) continues to heat up, as the iPhone maker released a new report on Tuesday it says refutes accusations that it profits handsomely from iOS privacy changes last year that have hamstrung Meta’s advertising business. The report, which was funded by Apple and performed by Columbia Business School professor Kinshuk Jerath, is meant to show that while Meta estimates Apple’s App Tracking Transparency technology will cost its ad… Source link
Read More »Apple’s ATT Burned Facebook Bad. Google’s Privacy Sandbox Is A Kiss In Comparison
Facebook might be down, but it’s not out yet Photo by Alexander Shatov on Unsplash Facebook stock is down almost 45% from last year’s highs and most people are blaming Apple’s 2021 privacy moves on iPhone. This week Google announced massive and similar changes on Android, prompting another 6% drop this week and ousting Facebook (ok, Meta) from the world’s top 10 biggest companies by market cap. But are Google’s privacy moves as dangerous to Facebook… Source link
Read More »Burned by Hot Housing Market, Some Buyers Back Off
Nick Sauro, his wife, Ilone, and their twins, at their home in New Rochelle, N.Y., July 11, 2021. (Tony Cenicola/The New York Times) The first house was in Midvale, Utah — a three-bedroom, just over 2,100 square feet, listed for $479,000. Rob Ettaro and his girlfriend, Kaliana Veros, who had moved from western New York to Salt Lake City, drawn by career opportunities and the stunning scenery of the Wasatch Range, decided to make an offer. This was back in the wintertime, when the young… Source link
Read More »Why some SPAC investors may get burned
The Special Purpose Acquisition Company (SPAC) juggernaut storms into 2021 raising more than $45 billion with no sign of slowing down. “The front end of these SPACs is exploding. January, February will be the biggest months ever for those front end SPACs,” JMP Securities CEO Mark Lehmann told Yahoo Finance Live. “I just caution the overall public, this GameStop fever, unfortunately will probably bleed a little into the SPACS.” Lehmann said investors can find great opportunities in SPACs, as… Source link
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