Even as the stock market is heads higher, the “Magnificent Seven” trade is beginning to fizzle, with Apple, Alphabet, and Tesla sputtering…
Tag: Meta Platforms
Meta, Microsoft, X, and Match file legal petition protesting Apple’s App Store policies
Meta Platforms, Microsoft, X, Match filed a legal petition protesting Apple’s App Store policies, complaining about how Apple is…
Apple challenges Maryland’s digital advertising tax
Apple is challenging Maryland’s tax on digital advertising in a state tax court after previous legal challenges brought by other companies…
Billionaire investors are buying Apple stock ‘hand over fist’
During the second quarter, a number of highly successful billionaire investors gobbled up Apple stock and shares of Nvidia and Microsoft…
Meta’s Threads decline echoes Google+ flop
When Threads arrived in early July, people created 100 million accounts almost immediately, funneled there straight from Instagram…
Investors brace for earnings from Apple, rest of ‘Magnificent Seven’ American companies
Led by Apple, a handful of massive growth and technology names that have dominated the U.S. stock market in 2023 are set to report…
The Nasdaq 100 ‘special rebalance’ aims to cut Apple, Microsoft, others down to size
Apple, Microsoft, and the rest of big tech have rapidly grown too big for the Nasdaq 100. The index’s solution is a “special rebalance.”
Why Apple and the rest of big tech are getting hit by the Nasdaq 100 ‘special rebalance’
Apple, Microsoft, and the rest of big tech have gotten too big for the Nasdaq 100 index. Unfortunately, the Nasdaq 100’s solution…
Nasdaq 100 plans special rebalance to curb dominance of Apple, select others
The Nasdaq 100 index is set to adjust the weighting of its 100 components, with the “magnificent seven” stocks Apple, Microsoft, Nvidia…
How to apply for your share of Facebook’s $725 million privacy lawsuit settlement
Facebook users who maintained an account between May 2007 and Dec. 2022 can submit a claim for their share of a $725 million class…
U.S. House Judiciary subpoenas Apple CEO Tim Cook, other Big Tech CEOs over free speech
U.S. House Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed Apple CEO Tim Cook and other tech CEOS over free-speech issues…
Apple spent more on lobbying than ever before as tech execs shelled out donations to key Republicans
Apple, Amazon, and Microsoft broke their lobbying spending records last year as they fended off heightened scrutiny of their business models…
Apple now more valuable than Google, Amazon, Tesla, and Walmart combined
Apple has hardly hit bear market territory from its all-time highs. In fact, Apple is now more valuable than Google, Amazon, Tesla, and…
Republican U.S. House likely to investigate Facebook, Google, Big Tech over censorship
Republicans are increasingly likely to secure a majority in the U.S. House of representatives, putting the GOP in control of House…
Gene Munster: Apple and Meta poised to be winners once interest rate hikes slow
Gene Munster, Managing Partner at Loup, said Wednesday that Apple and Meta Platforms are well positioned to become leaders…
Beleaguered Facebook scrambles to escape stock’s death spiral as users flee, sales plummet
Beleaguered Facebook-parent Meta Platforms is trading at its lowest since early 2019, and the stock is one of the worst performers…
Facebook-parent Meta sued for bypassing Apple privacy rules to track users
Facebook-parent Meta Platform was sued on Wednesday for allegedly building a secret work-around to privacy safeguards that Apple launched…
Privacy-focused Apple is killing Meta’s advertising revenue
Apple’s privacy-focused changes to its operating system – App Tracking Transparency – that wiped out an estimated $10 billion…
Apple, other Big Tech earnings poised to determine the direction of the market
Apple, and other “Big Tech” names Amazon, Alphabet (Google), Meta (Facebook), and Microsoft will all report earnings this week in a crucial…
Apple calls out Facebook parent Meta for planning to take nearly 50% cut from metaverse sales
Apple is calling out the hypocrisy of Facebook parent Meta Platforms’s intent to take a nearly 50% cut of digital asset sales within…
After criticizing Apple’s 15%-30% App Store cut, Meta plans to take 47.5% in metaverse fees
After criticizing the 15%-30% fee Apple charges for certain types of sales and subscriptions in the App Store, Meta Platforms will charge…
Apple’s privacy features will cost Facebook $12.8 billion this year
Apple’s App Tracking Transparency will cost Meta Platforms subsidiary Facebook $12.8 billion in 2022, research firm Lotame estimates…
Apple and Facebook gave user data to hackers who used forged legal requests
Apple and Meta Platforms, the parent company of Facebook, gave user data to hackers who masqueraded as law enforcement officials…
Apple hires Meta Platforms AR comms lead ahead of 2020 headset release
Apple has hired Meta’s augmented reality communications lead ahead of its 2022 mixed reality headset launch…