Three of the most prominent businesses in the U.S. are taking steps to change their services to comply with the California Consumer Privacy Act. Google Parent Alphabet Inc. GOOGL, + 2.60% GOOG, + 2.67% , Facebook Inc. FB, + 0.45% , and Amazon.com Inc. AMZN, + 4.08% are the top …
Read More »California Landmark Privacy Act is Facebook’s Next Nightmare
While navigating through a mammoth boycott of ads and potential federal anti-trust charges, the chief financial officer of Facebook Inc. most worry about California’s strict new privacy law. The California Consumer Protection Act, or CCPA, is considered to be the first true law of data privacy and under the strongest …
Read More »SoftBank made big bets on Amazon, Netflix and Tesla Stock in the second quarter
Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »The impact of ‘Fortnite’ could be epic on Big Tech’s anti-trust investigations
While lawmakers and privacy advocates continue to push for anti-trust integration from four of tech’s biggest companies, some big names in video gaming could speed things up. This is one of the initial conclusions of legal experts and developers following the lawsuit filed by Epic Games Inc. against Apple Inc. …
Read More »Apple Inc. file performs better than market despite losses on the day
Shares of Apple Inc. AAPL, -0.08% lost 0.09% to $ 459.63 on Friday, on what proved to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 0.12% increasing 0.12% to 27,931.02 and the NASDAQ Composite Index COMP, -0.21% decreased 0.21% to 11,019.30. …
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