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Spain's antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218.03 million) on Amazon and Apple for colluding to limit the online sale of devices from Apple and competitors in Spain. The two contracts the companies signed on Oct. 31, 2018 granting Amazon the status of authorized Apple dealer included anti-competitive clauses that affected the online market for electronic devices in Spain, CNMC, as the watchdog is known, said in a statement...
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Back then, the Canadian tech company was still known as Research in Motion, and its BlackBerry handsets controlled about 40% of the U.S. smartphone market and 20% of the global smartphone market. It lost that market to Apple (NASDAQ: AAPL) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, which rendered its keyboard devices obsolete with a new generation of touchscreen phones. Let's see why BlackBerry's stock crashed -- and whether it will ever rise back to triple-digit levels again...
Continue ReadingUsers can now take or upload a photo to Bing Chat and ask for more information on it via desktop or the Bing app...
Continue ReadingThe broad S&P500 edged up 1.2% in June, while the Dow Jones rose slightly by 0.8% during the month. Click here to see my complete dividend stock portfolio list...
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Victor Dergunov runs The Financial Prophet and today talks Q2 earnings, Netflix and Tesla, the Fed's probable pivot, inflation, and high quality stocks...
Continue Reading(Bloomberg) -- When a “special rebalance” of the Nasdaq 100 Index was touched off to curb the dominance of the biggest technology stocks, Meta Platforms Inc. was the only megacap to fall below a crucial threshold for downsizing. Now it seems the social media giant will be pared back anyway. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyRussia...
Continue ReadingApple (AAPL) closed at $193.99 in the latest trading session, marking a +1.73% move from the prior day...
Continue ReadingMorgan Stanley estimates that India can add over 170 million new users to Apple's ecosystem over the next decade...
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