In this articleAAPLBenchmark's Bill Gurley said Tuesday that Apple set itself up for trouble years ago when it implemented its 30% take rate of in-app purchases, a figure that's been under increased scrutiny."I'd always rather see a company have a lower rake and have a very long sustainable future, and I felt the 30% number...Read More
The logo of US cloud computing services provider Fastly is seen on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesA slew of major websites including Amazon, Reddit and news publishers like The New York Times were affected by a massive internet outage Tuesday.The outages started at around 6 a.m. ET, with...Read More
In this articleFBAAPLApple Share PlaySource: AppleStarting this fall, the decade-long spat between Apple and Facebook will start a new chapter. And this part of the story has Apple encroaching on Facebook's territory in ways it never has before.On Monday, Apple revealed several new social features that will come to iPhones and iPads with the launch...Read More
In this articleNYTCofounder and executive chair of Reddit, Alexis Ohanian.Jerod Harris | Getty ImagesReddit and global news websites including the FT, New York Times and Bloomberg are experiencing an outage, with some users unable to access the sites.Some visitors to the websites in both the U.K. and U.S. received the error message: "Error 503 Service...Read More
In this articleGOOGLAMZNMSFT700-HK9988-HKZhang Jianfeng, president of Alibaba Cloud Intelligence, speaks during the opening ceremony of Alibaba Renhe Cloud Data Center on September 16, 2020 in Hangzhou, Zhejiang Province of China.Qian Chenfei | China News Service | Getty ImagesGUANGZHOU, China — Alibaba has launched a slew of new cloud computing products as the Chinese e-commerce giant...Read More
In this articleAAPLVarious models of the Apple Inc. iPad at the company's Yeouido store during its opening in Seoul, South Korea, on Friday, Feb. 26, 2021.Jean Chung | Bloomberg | Getty ImagesApple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives, who is bullish on the tech giant.The iPhone...Read More
In this articleARMPNVDANvidia CEO Jensen Huang wearing his usual leather jacket.GettyNvidia has asked Chinese regulators to approve its $40 billion takeover of U.K. chip designer Arm, according to a report from The Financial Times on Tuesday that cites sources familiar with the matter.Santa Clara-headquartered Nvidia reportedly submitted an application to Chinese regulators in recent weeks....Read More
A banner with the logo of bitcoin is seen during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021.Marco Bello | AFP | Getty ImagesBitcoin's price slipped again Tuesday. The reason for the move was unclear, however it may be related to concerns over security of...Read More
The worst may soon be over when it comes to disruptions stemming from the global chip shortage, according to Goldman Sachs.Andrew Tilton, chief Asia economist at the bank, said the situation could improve in the second half of 2021.He said there have been "noticeable tightening" of supply chains and shipment delays in North Asian economies...Read More
In this articleAAPLApple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California.Brooks Kraft/Apple Inc/Handout via ReutersGUANGZHOU, China — Apple's new feature designed to give users more privacy when browsing the web will not be available in China, one of the iPhone maker's...Read More
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