Apple and Google have removed Fortnite from their app stores after the game implemented its own in-app payments. Epic Games, the maker of Fortnite, responded by filing a lawsuit against Apple. Four market watchers weigh in on the impact. Alex Kantrowitz, founder of Big Technology, explains why Apple should return. …
Read More »Facebook says Apple has refused to charge 30% on new feature
Facebook CEO Mark Zuckerberg speaks at the F8 Facebook Developers Conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook took a shot at Apple on Friday, saying the company can only pay small businesses a share of the sales of a new feature for …
Read More »ByteDance said to be in talks with Reliance over TikTok investment
Mukesh D. Ambani, Chairman of Reliance Industries Ltd., attended the Ajay Mushran Memorial Lecture in New Delhi, India, on Sunday, July 10, 2011. Pankaj Nangia | Bloomberg | Getty Images Indian conglomerate Reliance Industries could be on the verge of investing in Chinese-owned social media app TikTok, according to a …
Read More »Cisco (CSCO) Revenue Q4 2020
Chuck Robbins, Chief Executive Officer of Cisco Technologies Inc., paused during a panel session on day two of the World Economic Forum in Davos, Switzerland, on January 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of …
Read More »Cramer says Tesla’s stock distribution is good for the market because it appeals to young investors
Jim Cramer of CNBC said Wednesday that Tesla’s decision to split its stake is beneficial to the market in general, as it could help young people become interested in buying individual shares. “Any value in the inventory created by this is false,” Cramer said on “Squawk Box.” “But I think …
Read More »