Apple, Google, Facebook and Amazon are facing potential regulatory scrutiny and investors are paying close attention.
The Justice Department has been given jurisdiction over Apple as part of a broad review into potential anti-competitive behavior among big tech companies.
Reports surfaced in recent days suggesting that Alphabet and Amazon will be facing increased regulatory scrutiny.Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC.
Monday was the day that the chatter turned to early stages of action, and the market punished big tech. Investors were most concerned about Facebook and Google parent Alphabet on Monday, sending shares of each down more than 6%. Amazon dropped more than 4% and Apple slid 1%. In total, they lost over $130 billion in market value and led a 1.5% slump in the Nasdaq Composite, sending the tech-heavy index into
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Apple, Google and WhatsApp condemn GCHQ proposal to eavesdrop on encrypted messagesIn an open letter to GCHQ, 47 signatories including Apple, Google and WhatsApp have jointly urged the U.K. cybersecurity agency to abandon its plans for a so-called 'ghost protocol.'
Weiterlesen »
Apple, Google, WhatsApp condemn British spy agency proposal to access encrypted messagesThe so-called ghost proposal would allow investigators to covertly join group chats and calls.
Weiterlesen »
Fintech start-ups are vying for partnership deals with the likes of Apple and FacebookAt the Money20/20 Europe conference in Amsterdam Monday, fintech firms positioned themselves as attractive partners, and possible takeover targets, for industry giants vying for a slice of the trillion-dollar global payments market.
Weiterlesen »
Huawei founder says he would oppose Chinese retaliation against Apple: Bloomberg(Reuters) - Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any ...
Weiterlesen »
Apple and 9 other stocks that tend to heat up in the summerWith stocks on pace for their first loss in May since 2012, the next few months are shaping up to be a rocky time for the market. But as the U.S. marks the...
Weiterlesen »
Girl believed to be tiniest newborn weighed as much as appleSaybie was born at 23 weeks and three days and weighed just 245 grams when she was born in December. She was sent home weighing 2.27 kilograms in mid-May.
Weiterlesen »
What You Need To Know About Apple Pay's NYC Subway DebutThe pilot for tap-and-go mobile payment on the NYC subway and Staten Island buses starts May 31.
Weiterlesen »