Several readers shared this story: Tesla CEO Elon Musk reportedly demanded to become Apple’s CEO in a 2016 phone call with current Apple CEO Tim Cook, according to an upcoming book about Tesla. The story, shared by the Los Angeles Times, comes from Pow…
Elon Musk Backs Epic in Fight Against Apple Over App Store Fees
Epic, which sued Apple last year and has expressed concerns about the exorbitant fees the iPhone-maker charges on App Store (30% on each transaction on year 1 for apps that are not games and 15% on year 2 and beyond), has found a new backer in the cour…
EU hits Amazon with record-breaking $887M GDPR fine over data misuse
Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in which it slammed the decision as baseless and added that it intended to defend itself […]
Forget “App Tracking Transparency”: Facebook is enjoying more ad revenue than ever
Facebook’s CFO predicts the worst is yet to come, though.
Apple, AMD, and Intel shift priorities as chip shortages continue
Apple, AMD, and Intel each acknowledge their preparation for ongoing shortages.
Shopify’s Q2 results beat estimates as e-commerce shines
Like Microsoft and Apple in the wake of their after-hours earnings reports, Shopify shares are having a muted reaction to the better-than-expected results.
Don’t expect post-Brexit Britain to match EU’s fight against big tech | Phillip Inman
Profits for America’s tech firms continue to soar and there are few signs they will face tougher rulesIf anyone needed convincing that the pandemic would turbo-charge sales at America’s largest tech firms and send profits soaring, this week’s quarterly…
Apple reports a 50% year-over-year jump in iPhone sales
But the company warned of coming iPhone and iPad supply constraints.
Elon Musk Sniped at Apple Twice on Earnings Call
Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. From a report: Although the companies don’t compete directly today, Apple is reportedly building an electric self-driving ve…
iPhone sales fuel Apple’s Wall Street-beating Q3
Another excellent quarter for Apple, as the company posted $81.4 billion in revenue. That’s a 36% year-over-year jump for the company, besting Wall Street estimates of $73.3 billion by a considerable margin. “Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product […]