Epic Games CEO Tim Sweeney said Apple’s App Store is an “absolute monopoly” and that Google’s control of Android “essentially stifles competing stores” on CNBC’s Squawk Alley on Friday, adding his voice to a chorus of detractors before CEOs testify in Congress in the coming weeks. Privately owned Epic Games …
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Apple CEO Tim Cook delivers the keynote address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California. Brooks Kraft / Apple Inc / Brochure via Reuters Intel said in its earnings report Thursday that it is delaying its new 7-nanometer processors in approximately …
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Facebook President and CEO Mark Zuckerberg testifies at a hearing for the House of Representatives Financial Services Committee in Washington on October 23, 2019. Erin Scott | Reuters The successful antitrust hearing with CEOs of Amazon, Apple, Facebook and Google scheduled for Monday is likely to be postponed, two people …
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Texas is among a group of states whose attorneys general are investigating Apple for possible violations of a consumer protection law, according to a document obtained by the Technology Transparency Project through a request for open records and shared with CNBC. The document, released in March and first reported by …
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Intel shares fell as much as 9% on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than expected. This is how the company did it: Profits: Adjusted $ 1.23 per share, versus $ 1.11 per share as expected by analysts, according to …
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