E-commerce giant Amazon.com said on Friday it has appealed French regulator CNIL's decision to fine the company 32 million euros ($34.58 million) for setting up a system to monitor employee activity and performance. The CNIL had in January fined Amazon France Logistique, which manages Amazon's large warehouses in France, for what the regulator said was an "excessively intrusive" surveillance system...
Continue ReadingThe Direxion Daily Technology Bull 3X Shares presents significant downside risk due to high valuations of major holdings like MSFT and AAPL. Learn more on TECL ETF here...
Continue ReadingBaidu stock is up after report Apple held early talks with the Chinese company to use its AI technology for Apple devices...
Continue ReadingEven without AI, there's a lot to like about Alphabet stock...
Continue ReadingElite hackers tied to Russian intelligence last month targeted several German political parties with an eye toward burrowing into their networks and stealing data, according to an alert released by Germany's cybersecurity agency and security researchers working for Google owner Alphabet. In a report published on Friday, Alphabet's Mandiant cyber unit said it had caught the hacking group known as APT29, which is alleged by Western intelligence to act on behalf of Russia's SVR foreign spy agency, trying to trick "key German political figures" into opening an email masquerading as an invitation to a March 1 dinner event hosted by the Christian Democratic Union (CDU), Germany's center-right political party...
Continue ReadingMacKenzie Scott is one of the wealthiest women in the world today. People know the story of her ex-husband Jeff Bezos founding Amazon.com Inc. from their garage, but few realize the struggles Scott went through in the years before that world-changing company launched. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Drawing on extensive research, inclu...
Continue ReadingOn Thursday, U.S. the US Justice Department, along with 17 states and districts, filed a blockbuster lawsuit against Apple Inc (NASDAQ: AAPL). Apple has been accused of illegally monopolizing the smartphone market by violating federal antitrust law to stay ahead of its rivals. As a reminder, Apple ended 2023 by dethroning Samsung as the world’s biggest smartphone seller. Samsung led for 12 years, but Apple got the crown after releasing its iPhone 15 in the fall. Apple is well established as the...
Continue ReadingApple Inc. declining shares amidst negative catalysts, including an antitrust lawsuit, stagnant growth, and concessions, raise concerns. Click for our AAPL update...
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Continue ReadingIn addition to a government lawsuit, Apple is facing near-term challenges such as another weak iPhone cycle...
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