The staggering economic fallout caused by the coronavirus pandemic was reflected in reports released Thursday from Amazon, Facebook, Apple and Google’s corporate parent, Alphabet.
No, Google, we’re not really in control of our data. And yes, Facebook, you profit from harmful information.
Analysis: heated exchanges raise concern over anticompetitive behavior as chair warns of companies’ “monopoly power.”
Lawmakers investigating Facebook, Amazon, Google and Apple made it clear that their allegations of antitrust abuses come with a lengthy paper trail.
Invective flew Wednesday as legislators questioned Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple at a hearing of the House Judiciary subcommittee on antitrust. For the last year, that panel has probed the business practices of the Silicon Valley giants with an eye to determining if they need to be regulated more heavily, or even broken up.
The powerful executives sought to defend their companies amid intense grilling by lawmakers on Wednesday. The executives provided bursts of data showing how competitive their markets are, and the value of their innovation and essential services to consumers. But they sometimes struggled to answer pointed questions about their business practices. They also confronted a range of other concerns about alleged political bias, their effect on U.S. democracy and their role in China.
On Wednesday, Amazon CEO Jeff Bezos, Facebook’s Mark Zuckerberg, Google’s Sundar Pichai and Tim Cook of Apple will answer for their companies’ practices before Congress for the first time as a group. Summoned for a House hearing, they’ll raise a hand (remotely) and swear to tell the truth, in the manner of tycoons of Wall Street or the tobacco industry in earlier high-octane televised shamings.
Sonnet Technologies today announced the Fusion Flex J3i three-drive mounting system for the 2019 Mac Pro, the company’s latest internal storage enhancement product for the most powerful computer offering from Apple. The Fusion Flex system comprises a custom mounting bracket and plates that support the installation of 3.5-inch SATA hard disk drives (HDDs) and 2.5-inch SATA SSDs […]
The Federal Trade Commission has launched a lookback at some of the smaller past acquisitions by some of the largest tech companies. The FTC said Tuesday it has issued “special orders” to Alphabet (Google), Amazon, Apple, Facebook, Google and Microsoft, which require them to provide info on all acquisitions over the past decade (Jan. 1, 2010 through Dec. 31, 2019).
Apple Inc.’s streaming video service has gained limited traction with consumers, and this could represent a cautious signal as the company moves away from hardware sales and toward services, according to Bernstein. Analyst Toni Sacconaghi estimated that fewer than 10 million consumers had opted for their free 12-month trial of Apple TV+, citing an analysis of the company’s first-quarter results.
Apple TV+ was one of the biggest product launches in years for Apple. But you wouldn’t know that from Apple’s just-released earnings. The streaming service, which launched last November after years of stops and starts, was not mentioned once in the tech giant’s first-quarter earnings report. During the subsequent earnings call with analysts, CEO Tim Cook dedicated only a brief mention of the new service when he said it was off to a “rousing start” but declined to disclose any actual subscriber numbers.
Fresh off seven seasons of HBO stalwart Veep, she has signed a sweeping overall deal with the tech giant and streaming platform. Under the multiple-year agreement — which should be seen as a massive “get” for Apple video heads Zack Van Amburg and Jamie Erlicht — the Emmy-winning actress will develop new projects exclusively for Apple — as both an executive producer and star.
The Apple TV Plus launch this year was a multibillion-dollar bet. Next year we learn if Apple can move beyond being just the iPhone company.
Apple Inc. has a secret team working on satellite technology that the iPhone maker could use to beam internet services directly to devices, bypassing wireless networks, according to people familiar with the work. The Cupertino, California-based iPhone maker has about a dozen engineers from the aerospace, satellite and antenna design industries working on the project with the goal of deploying their results within five years, said the people.
Apple Inc. is considering bundling its paid internet services, including News+, Apple TV+ and Apple Music, as soon as 2020, in a bid to gain more subscribers, according to people familiar with the matter.
Apple, Disney and AT&T’s WarnerMedia want to jump-start their challenges to Netflix by offering freebies and deep discounts on emerging streaming plans.
Apple disclosed Iger’s departure in a regulatory filing Friday, but his resignation became effective last Tuesday. That’s the same day that Apple announced its long-awaited video streaming service will debut Nov. 1 and cost only $5 per month, less than half the price of Netflix’s most popular plan.
Fifteen years after Friends, she is returning to TV in Apple’s The Morning Show as a news anchor dealing with ageism, sexism and her co-host’s misconduct.
The service will launch Nov. 1 with original series such as The Morning Show starring Reese Witherspoon and Jennifer Aniston for $5 per month for a family subscription.
Apple Inc. plans to roll out the Apple TV+ movie and TV subscription service for $9.99 a month by November, part of a drive to reach $50 billion in service sales by 2020, sources say.
A Tuesday afternoon panel of the House Judiciary Committee focused on whether it’s time for Congress to rein in these companies, which are among the largest on Earth by several measures. Central to that case is whether their business practices run afoul of century-old laws originally designed to combat railroad and oil monopolies.
The House Antitrust Subcommittee is holding the second of its two Big Tech hearings this week, hearing from the FAAG in FAANG, lacking only Netflix among the witness list and definitely meeting the criteria for the hearing’s title.
Executives from Amazon.com, Apple, Facebook and Alphabet’s Google will testify before a House of Representatives congressional committee next week in a hearing to discuss the tremendous market power wielded by online platforms.
The precipitating event for Silicon Valley’s regulatory reckoning? A change in our political beliefs.
The news service costs $10 a month and includes roughly 300 magazines and a handful of major newspapers, including The Wall Street Journal and the Los Angeles Times. Missing from the announcement were other major newspaper publishers, who have reportedly been wary of Apple’s terms. Apple says advertisers won’t track readers inside the app. That distinguishes it from Facebook and Google, the other major online news hubs. The company also said it is launching a MasterCard credit card called Apple Card.
Nearly two years after Apple first signaled its plan to become a programming powerhouse, the tech giant is set to unveil its vision for the future of entertainment. And it’s got Hollywood on the edge of its seat.
It’s a long-awaited attempt from the iPhone maker, several years after Netflix turned “binge watching” into a worldwide phenomenon. The new video service is expected to have original TV shows and movies that reportedly cost Apple more than $1 billion — far less than Netflix and HBO spend every year.
Apple has kept a tight lid on most of the details of its upcoming service, even keeping its creative partners in the dark about how exactly their work will be distributed. What is undisputed, however, is that the tech giant with a nearly $1 trillion market cap has lined up a who’s who of high-profile talent to vault it into the increasingly crowded original-content arena. Apple is set to unveil its plans on Monday.
The tech company, about to have a showcase event on its campus, is expected to reveal details about a dozen or more programs ready to go or almost done.
Apple is targeting April to debut a new streaming product that will include original content free for Apple device owners and a platform to subscribe to other digital media services. HBO hasn’t signed on to the service due to a disagreement over revenue sharing with Apple. Netflix and Hulu aren’t expected to be a part of the “Channels” service.