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Tag: Amazon

Apple tells U.S. senators that tech bills will threaten privacy and security

Wednesday, January 19, 2022 2:44 pmWednesday, January 19, 20225 Comments

Apple warned U.S. senators Tuesday that proposed bipartisan antitrust legislation aimed at curbing the power of big technology companies…

Apple CEO Tim Cook personally lobbying against the American Innovation and Choice Online Act

Tuesday, January 18, 2022 2:27 pm5 Comments

The lobbying effort by Big Tech companies, including Apple CEO Tim Cook, who is personally lobbying against the legislation, is picking up…

Internet Association shuttered as Big Tech splinters

Thursday, December 23, 2021 4:36 pm8 Comments

Growing tensions between Apple, Amazon, Alphabet (Google), Meta (Facebook), and Microsoft, lie behind the death of the Internet Association…

Americans trust Google and Amazon more than Apple to handle their personal data

Wednesday, December 22, 2021 12:41 pmWednesday, December 22, 202113 Comments

According to a Washington Post-Schar School poll conducted November 4-22, 2021, Americans trust Google and Amazon more than Apple…

China ordered Amazon to delete reviews of Xi Jinping’s book

Monday, December 20, 2021 4:55 pmMonday, December 20, 202115 Comments

Amazon was marketing a collection of Chinese Communist Party President Xi Jinping’s speeches and writings on its Chinese website…

Amazon adds M1 Mac mini to its AWS cloud service

Thursday, December 2, 2021 3:40 pm3 Comments

AWS users can deploy new Amazon Elastic Compute Cloud (Amazon EC2) M1 Mac Instances to build and test apps for iPhone, iPad, Mac…

Apple and Amazon hit with $225 million in antitrust fines in Italy

Tuesday, November 23, 2021 8:45 amNo Comments

Italy’s antitrust authority has fined Apple and Amazon a total of more than 200 million euros ($225 million) for alleged anti-competitive…

Apple, Amazon results spark fears of ‘disappointing’ holiday quarter

Friday, October 29, 2021 3:25 pmFriday, October 29, 20218 Comments

Apple and Amazon reported “disappointing quarterly results in a sign that the global supply-chain crisis is hobbling even the mightiest…

Retail investors’ buying spree spurs tech surge, led by Apple

Thursday, October 7, 2021 5:15 pmNo Comments

Retail investors buying on the dip emerged after the recent selloff in some of the world’s largest tech companies, led by Apple …

Apple, other big tech firms get to belatedly weigh in on U.S. House antitrust bills

Friday, October 1, 2021 10:02 amFriday, October 1, 20212 Comments

Apple, Google, Facebook, and Amazon will receive a belated chance to provide feedback on U.S. House antitrust bills that, if passed…

Amazon launches ‘Halo Fitness’ to rival Apple Fitness+ and Peloton

Tuesday, September 28, 2021 3:33 pmTuesday, September 28, 20213 Comments

Peloton shares extended declines on Tuesday following news that Amazon is launching a service called Halo Fitness to rival offerings…

Apple-backed ‘Matter’ smart home standard delayed until 2022

Friday, August 13, 2021 4:40 pm6 Comments

The final specification of Matter, the smart home interoperability protocol backed by Apple, Google, and Amazon, has been delayed. Matter…

Apple’s iPad continues to dominate in worldwide tablet shipments

Friday, July 30, 2021 12:06 pmNo Comments

The second quarter of 2021 was another strong quarter for Apple’s iPad and derivative tablets with the category recording growth…

Apple’s U.S. HomePod sales continue to grow by triple digits

Thursday, July 29, 2021 10:26 am3 Comments

Apple’s U.S. HomePod smart speaker sales increased by triple digits each quarter since Q420, according to the latest Smart Speakers…

Apple and Amazon stock are coiled springs about to explode to the upside

Tuesday, July 6, 2021 9:45 am2 Comments

Apple and Amazon stock are “coiled springs about to explode to the upside”, a dividend investor and Seeking Alpha contributor believes…

Spain looks into antitrust practices by Apple and Amazon

Thursday, July 1, 2021 5:28 pm1 Comment

Spain’s antitrust watchdog CNMC is investigating possible anti-competitive practices in Spain by Apple and Amazon regarding online …

Why has Microsoft been carved out of new U.S. antitrust bills?

Tuesday, June 29, 2021 2:23 pm33 Comments

Why has convicted monopoly abuser Microsoft avoided scrutiny while openly supporting actions against Apple, Amazon, Facebook, and…

Apple CEO Tim Cook delivers a warning to House Speaker Nancy Pelosi

Thursday, June 24, 2021 1:01 pmThursday, June 24, 202144 Comments

Facing “antitrust” legislation that could disrupt business practices of tech companies like Apple, Tim Cook, called Speaker Nancy Pelosi and

Nasdaq closes at record high as Big Tech roars back

Tuesday, June 22, 2021 5:15 pmTuesday, June 22, 20212 Comments

The Nasdaq ended at a record high on Tuesday, lifted by Apple, Amazon, and other top-shelf tech companies as investors shifted their focus…

Breaking up Big Tech – Alphabet, Amazon, Apple, Facebook – and in focus as new U.S. antitrust bills introduced

Friday, June 11, 2021 5:48 pm55 Comments

A bipartisan group of lawmakers in the U.S. House of Representatives introduced four antitrust bills on Friday aimed at reining in the power…

EU antitrust regulators focus on Apple’s Siri, Amazon’s Alexa, Google Assistant

Wednesday, June 9, 2021 11:10 am5 Comments

EU antitrust regulators said on Wednesday that the market dominance of Apple’s Siri, and knockoffs like Amazon’s Alexa and Google Assistant…

Amazon to acquire MGM for $8.45 billion

Wednesday, May 26, 2021 10:55 amWednesday, May 26, 202123 Comments

Amazon and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for…

Amazon in talks to buy movie studio MGM for $9 billion

Tuesday, May 18, 2021 1:40 pm9 Comments

In a move that would take one of the last major independent film studios off the market, Amazon is in talks to buy Metro-Goldwyn-Mayer (MGM)…

Amazon wins $303 million court fight in another blow to EU tax grab crusade

Wednesday, May 12, 2021 10:06 am3 Comments

Amazon won its fight against an European Union order to pay some 250 million euros ($303 million) in so-called back taxes to Luxembourg…

Apple, Google, Amazon smart home alliance is called Matter

Tuesday, May 11, 2021 2:04 pmTuesday, May 11, 20212 Comments

Matter, an industry alliance sponsored by Apple, Google, Amazon and other tech companies will begin certifying smart home devices…

Amazon removes popular Apple accessory brands amid leak of fake reviews scheme

Tuesday, May 11, 2021 11:26 amTuesday, May 11, 20213 Comments

Popular Apple accessory companies, including Aukey and Mpow, have been removed from Amazon due to a fake review scheme on Amazon…

Goldman Sachs: U.S. tax hikes could hammer Apple, other ‘Big Tech’ stocks

Monday, May 10, 2021 11:06 amMonday, June 24, 202419 Comments

Big Tech has been one of the best investments of the past five years amid advances in technology, but proposed U.S. tax hikes could harm…

Tile teams with Amazon in attempt to compete with Apple’s AirTag and formidable Find My network

Friday, May 7, 2021 2:41 pm18 Comments

Tile has teamed with Amazon in an attempt to improve their mesh network for tracking items as Tile tries to compete with Apple’s vast…

Big Tech had fantastic pandemics; here are 6 reasons why they’ll thrive even after

Friday, April 30, 2021 6:25 pm18 Comments

Big Tech – Apple, Alphabet, Amazon, Facebook, and Microsoft – all performed better over the past pandemic year than anyone dreamed…

U.S. Sen. Amy Klobuchar discusses government regulation of Apple’s App Store

Tuesday, April 27, 2021 11:49 amTuesday, April 27, 202129 Comments

Following last week’s U.S. Senate antitrust hearing attended by Apple’s Chief Compliance Officer Kyle Andeer, Senator Amy Klobuchar (D-MN)…

U.S. House committee approves blueprint for antitrust crackdown on ‘Big Tech’

Thursday, April 15, 2021 1:28 pm41 Comments

The U.S. House of Representatives Judiciary Committee has formally approved an antitrust report accusing Big Tech companies of buying or…

Sen. Lee, Rep. Buck question Apple’s, Google’s, and Amazon’s actions against Parler

Thursday, April 1, 2021 11:06 pmThursday, April 1, 202131 Comments

In a joint letter to the CEOs of Apple, Google, and Amazon to question the companies’ actions in removing the social network Parler from…

Steve Jobs warned Jeff Bezos that iTunes would kill CD sales

Monday, March 29, 2021 11:24 am13 Comments

Just before the release of iTunes for Windows, Apple CEO Steve Jobs warned Amazon founder Jeff Bezos that iTunes would kill CD sales …

Apple is the top buyer of artificial intelligence companies with 25 acquisitions over the past five years

Friday, March 26, 2021 5:25 pmFriday, March 26, 20213 Comments

The M&A deal-making landscape of the 2016-2020 artificial intelligence (AI) tech space was dominated by US tech giants, with Apple leading…

Nearly 8 in 10 tech employees think Apple, Amazon, Google, and Facebook have too much power

Monday, March 15, 2021 12:42 pmMonday, March 15, 202114 Comments

Protocol has introduced its first “Tech Employee Survey.” Nearly 1 in 8 of the tech employees surveyed said the tech industry is too powerful

Analyst: Buy this dip in Apple stock before it’s out of reach

Thursday, March 4, 2021 3:37 pmThursday, March 4, 202113 Comments

It’s been a bad week for tech stocks, including Apple stock. The Nasdaq tumbled 2.7% on Wednesday and the slide looks set to continue…

After dropping original lawsuit, Parler sues Amazon again

Wednesday, March 3, 2021 2:35 pm16 Comments

After social media app Parler dropped its case against Amazon for cutting off its web-hosting services, the company filed a separate lawsuit …

Parler drops case against Amazon for pushing it offline

Wednesday, March 3, 2021 9:22 am5 Comments

Parler, the social media app that was rapidly growing in popularity in January, has dropped its case against Amazon Web Services…

U.S. House members assail Big Tech, consider changes to antitrust law

Thursday, February 25, 2021 4:05 pm8 Comments

The four Big Tech members – Alphabet, Amazon, Apple, Facebook – received another tongue-lashing centered on antitrust concerns…

Maryland approves the first state tax on digital ads from Facebook, Google

Wednesday, February 17, 2021 9:31 amWednesday, February 17, 20212 Comments

Maryland has passed the U.S.’s first tax on the revenue from digital advertisements sold by companies like Facebook, Google, and Amazon…

Big Wall St. investors bought Apple, other tech stocks during GameStop retail frenzy

Friday, February 5, 2021 9:14 amNo Comments

Deep-pocketed Wall St. investors pumped a record $4.2 billion into Apple and other big technology stocks last week, BofA’s flow data…

Klobuchar’s antitrust reform bill could cause Apple to be fined 15% of its annual revenue

Thursday, February 4, 2021 4:57 pm69 Comments

Sen. Amy Klobuchar, D-Minn., unveiled a sweeping antitrust reform bill on Thursday that could, theoretically, cause Apple to be fined…

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