Tag Archives: Hidden

Apple CEO Tim Cook is right — A more open iPhone could carry a hidden cost for consumers

Wednesday, May 26, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe It’s true an open App Store is more dangerous, and that helps Apple In his first-ever court appearance, Apple (AAPL) CEO Tim Cook on Friday laid out his case for why Apple should be the only company to sell apps on the iPhone, saying that allowing third-party app stores… Source link

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One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

(Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes. Even on Wall Street, few ever noticed him — until suddenly, everyone did. Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a… Source link

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