AMSTERDAM—The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) on Monday, its fourth such fine for failing to allow software application makers in the Netherlands to use non-Apple payment methods for dating apps on the App Store. The Authority for Consumers and Markets (ACM) has been levying weekly fines of 5 million euros…
Apple Given Fourth Dutch Fine in App Store Dispute
February 14, 2022
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Why Apple Stock Could Be a Treat for the Bears If History Repeats
Apple, Inc. was trading mostly flat on Friday, in line with the SPDR S&P 500, which was consolidating Thursday’s afternoon sell-off with an inside bar pattern on the daily chart. On Thursday, the tech giant said it is working to issue updates to its AirTag tracking software to stop users misusing the technology to track…
Apple Shares Plan to Reduce Misuse of AirTags With Spying: What You Need to Know
Apple Inc. said Thursday it will issue updates to its AirTag tracking devices and “Find My Network” software so as to cut down on crime and misuse. What Happened The Tim Cook-led company said that AirTag was designed to help people locate personal belongings and not to track people or another person’s property. The iPhone…
Heritage Foundation Roadmap Would Bar Big Tech From Joint Ventures with CCP-Linked Firms
A former Facebook counter-terrorism expert who is now a Heritage Foundation technology scholar has a “roadmap” of “aggressive reforms to ensure that Big Tech is held accountable, provide scrutiny and oversight, and constrain its ability to reshape society.” Kara Frederick told The Epoch Times Feb. 8 that she researched and developed her report—”Combatting Big Tech’s…
Does a Potential Peloton Acquisition Make Strategic Sense for Apple?
Rumors of a potential sale of Peloton Interactive Inc. have been flying thick and fast following reports of fundamental issues at the at-home fitness brand. While Amazon Inc. and Nike Inc. are being talked of as potential suitors, an analyst at Wedbush said Apple Inc. could also join the race for Peloton. The Apple Analyst…
Dutch Watchdog Fines Apple Again in App Store Dispute
February 7, 2022
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AMSTERDAM—The Dutch antitrust watchdog on Monday fined Apple a further 5 million euros ($5.71 million) for failure to comply with an order to open its app store to alternative payment systems for dating apps in the Netherlands. The new fine brings the total amount levied by the Authority for Consumers and Markets against the U.S….
Microsoft, Intel, GE Provide ‘Direct Support’ to Chinese Military, State Security Bodies: Report
February 5, 2022
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Eight major U.S. tech companies have business links to the Chinese military and security apparatus, according to a new report by the Washington-based advocacy group Victims of Communism Memorial Foundation (VoC), and Horizon Advisory consultant group. “In their endeavor to capture Chinese markets and boost their bottom lines, American corporations have increasingly supported Beijing’s military modernization,…
Apple, Broadcom Win New Trial in $1.1 Billion Caltech Patent Case
A U.S. appeals court on Friday rejected a jury verdict ordering Apple Inc. and Broadcom Inc. to pay $1.1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents, and ordered a new trial on damages. The U.S. Court of Appeals for the Federal Circuit said the January 2020 award by the…
What Made the Lone Apple Bear Finally Change His Negative Stance on the Tech Giant?
Apple Inc. reported strong quarterly results on Jan. 27, which showed broad-based strength across product categories and geographies. Apple shares had 24 Buy recommendations, 4 Hold ratings, and 1 Sell rating ahead of its quarterly results, according to data compiled by TipRanks. The lone bearish recommendation was from New Street Research analyst Pierre Ferragu, who went…
Why Apple Is Suing to Halt the Distribution of This Upcoming Film
Apple Inc. has filed a lawsuit against a “Healthy Lifestyle Superhero” movie titled “Apple-Man,” seeking to halt its distribution over concerns that viewers might associate the production with itself. What Happened The action-comedy film—backed by a Kickstarter campaign that has raised EUR 101,717 ($114,187)—says it is a Superhero flick with a “strong social mission.” “My movie…
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