Apple Inc. posted an all-time record high revenue of $111.4 billion, up 21 percent YoY, and quarterly earnings per diluted share of $1.68, up 35 percent, as international sales accounted for 64 percent of the quarter’s revenue of all product lines. “This quarter for Apple wouldn’t have been possible without the tireless and innovative work […]
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An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden’s new administration. A mid-year deadline is on the horizon for talks about a global deal to defuse trade disputes with France and other countries that are imposing go-it-alone […]
Apple says it will roll out a new privacy control in the spring to prevent iPhone apps from secretly shadowing people. The delay in its anticipated rollout aims to placate Facebook and other digital services that depend on such data surveillance to help sell ads. Although Apple didn’t provide a specific date, the general timetable […]
Just when we thought we are on the losing side of the COVID-19 pandemic, a snowball effect was set in motion when the world first got wind of the what the Internet has dubbed the COVID-19 wonder drug – Ivermectin. While we still await a recognized effective treatment or vaccines for the pandemic, Ivermectin – […]
A lack of competition for Google and a lack of transparency in the digital advertising supply chain needed to be addressed because they were impacting publishers, advertisers and consumers, Australia’s competition watchdog said on Thursday. The Australian Competition and Consumer Commission released its interim report on its inquiry into the Google-dominated digital advertising services industry […]
Taiwan’s largest telecoms operator, Chunghwa Telecom, announced on Tuesday plans to drastically increase capital expenditures by a record high 82.8 percent to $1.5 billion for 2021, the company said. The plan – expected to raise revenues by one percent – will include accelerated deployment of its 5G networks, submarine cables, and data centers across the […]
While the novel COVID-19 pandemic took the world by storm early last year, UK telecoms operators were quick to respond to people who desperately needed to be connected online with initiatives amounting to £940m ($1.29 billion), a recent report stated. According to UK-based research firm Assembly Research, many telcos offered additional allowances of texts, calls […]
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]
Gay dating app Grindr faces a fine of more than $10 million from Norwegian regulators for failing to get consent from users before sharing their personal information with advertising companies, in breach of stringent European Union privacy rules. The Norwegian data privacy watchdog said Tuesday that it notified Grindr LLC of its draft decision to […]
Walmart is enlisting the help of robots to keep up with a surge in online orders. The company said Wednesday that it plans to build warehouses at its stores where self-driving robots will fetch groceries and have them ready for shoppers to pick up in an hour or less. Walmart declined to say how many […]