Apple has updated its App Store policies in the U.S., allowing apps to provide links that direct users to external websites for purchasing subscriptions or other digital goods. […]
CNBC Daily Open: Underlying Weakness in Apple and Amazon’s Earnings
Apple and Amazon both reported earnings that surpassed analysts’ expectations for the quarter ending in March. However, underlying weaknesses were evident. Apple’s Services division, which includes advertising, iCloud, […]
Elon Musk Compares Himself to Buddha During Press Meeting
Elon Musk recently met with mainstream press, breaking his pattern of avoiding interviews with outlets he perceives as unfriendly. The session occurred amid reports that Tesla’s board might […]
Defense Tech Startup Mach Industries Raises $100 Million in New Funding Round
Mach Industries, a defense tech company founded by 21-year-old Ethan Thornton, is reportedly closing a $100 million funding round co-led by Khosla Ventures and existing investor Bedrock Capital, […]
Apple Updates App Store Guidelines to Allow External Purchases
Apple has revised its App Store Guidelines to accommodate external payments and links, following an injunction issued in the Epic v. Apple case. Developers can now guide users […]
Key Microsoft Price Levels to Watch Amid Stock Surge on AI Cloud Growth
Microsoft (MSFT) shares experienced a significant surge during extended trading on Wednesday following the release of its fiscal third-quarter results, which exceeded Wall Street’s expectations. This growth was […]
Harrods, Iconic Department Store, Hit by Cyberattack
LONDON — Harrods, the iconic luxury department store, has been targeted by a cyberattack. This incident highlights the increasing vulnerability of high-end retailers to online security breaches. While […]
Microsoft Replaces Simpson Thacher with Jenner & Block Amid Pro Bono Commitments to Trump Administration
In a significant move, Microsoft has replaced Simpson Thacher & Bartlett with Jenner & Block as its legal representative in a case concerning the acquisition of Activision Blizzard. […]
Aurora Launches First Driverless Semi-Truck Commercial Service
Autonomous trucking company Aurora has initiated its first regular long-haul routes with driverless trucks, making round trips between Dallas and Houston. Aurora’s commercial service, launched under customers Uber […]
Epic Games Introduces New Commission Plan and App Store Workaround
Following Apple’s legal defeat regarding its App Store model, Epic Games has swiftly announced two significant business moves. Fortnite is set to return to the iOS App Store […]