Much has been written about the race to $2 trillion market cap, one that Apple (NASDAQ: AAPL) is clearly winning. As of the market close on Thursday, the stock is within less than 2% of hitting this rather arbitrary goal. For context, Amazon and Microsoft are each about 26% of
Augmented reality (AR) became a mass-market phenomenon with Nintendo's Pokemon Go in 2016 as millions downloaded the app to search for virtual creatures in their neighborhoods. Besides being a fun activity, the game is a great example of what AR is and how it can be used in ever
Epic Games wants to change the app store business from within. Earlier this week, the company behind Fortnite, Gears of War, and the popular Unreal video game series tried to bypass the onerous revenue-sharing model that lets Apple (NASDAQ: AAPL) and Google skim 30% off every in
If you had invested $10,000 in Netflix's (NASDAQ: NFLX) initial public offering, you'd be sitting pretty comfortably right now. There haven't been too many investing opportunities like Netflix, and investors who bought and held their shares over the past 18 years have made a boa
'Fortnite' maker Epic Games has launched the most significant effort yet to advance the legal theory that Apple's iPhone ecosystem has become so "sticky" that it is a distinct software market over which Apple exercises monopoly power.
President Donald Trump ordered ByteDance on Friday to divest the U.S. operations of its video-sharing app TikTok within 90 days, the latest effort to ramp up pressure on the Chinese company over concerns about the safety of the personal data it handles.
NEW YORK (Reuters Breakingviews) - The more things change, the more they stay the same. “Fortnite” owner Epic Games is picking a fight with Apple and Alphabet over the lock they have on distribution. Like the spats between U.S. cable companies and media networks, mon
Prominent fund managers dove into technology and consumer stocks during the second quarter, helping fuel a rally that has pushed the benchmark S&P 500 near record highs despite the economic toll of the coronavirus pandemic, regulatory filings released on Friday showed.
Facebook Inc said on Friday that Apple Inc has declined its request to waive off the 30% commission fee it takes from apps listed on iOS devices, publicly critiquing a fellow big tech peer.
Facebook Inc said on Friday that
Apple Inc has declined its request to waive off the 30%
commission fee it takes from apps listed on iOS devices, making
a rare critique of a fellow big tech peer.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Maju
Samuel)
((munsif.vengattil@thomsonreuters.com;))
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The Dow Jones Industrial Average (DJINDICES: ^DJI) had eked out a 0.1% gain by 1:10 p.m. EDT Friday. Progress on a new stimulus bill has hit a wall, with Congress in recess and no talks scheduled with White House negotiators. Meanwhile, U.S. retail sales in July rose less than e
"Fortnite" creator Epic Games found support from its legions of gamers, Tinder-owner Match Group and Spotify for suing Apple and Google after the tech giants dropped the popular video game from their app stores for violating payment guidelines.
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A tiff between Epic Games and Apple (NASDAQ: AAPL) and Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google spilled over into the courts Thursday. The publisher of the well-known battle royale game Fortnite had picked a fight with the tech giants earlier that day, adding a direct pa
The idea of an Apple (NASDAQ: AAPL) services bundle has been around for about four years or so, but it might become a reality in just a couple months. The iPhone maker is readying a series of bundles for its various services, according to a report from Bloomberg.