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News about Alphabet Inc
Should You Invest in Alphabet Inc. (GOOG)?
Ensemble Capital, an investment management firm, published its “Ensemble Fund” first quarter 2021 investor letter – a copy of which can be seen here. A return of 3.80% was delivered by the fund in the Q1 of 2021, below its S&P 500 benchmark that delivered a 6.17% return in the same period. You can view […]
Thu, 22 Apr 2021 16:41:04 +0000Read moreThese Are The Best Robinhood Stocks To Buy Or Watch Now
Buying a stock is easy, but purchasing the right stock without a proven strategy is incredibly hard. Here are the best Robinhood stocks to buy now.
Thu, 22 Apr 2021 15:20:14 +0000Read moreInfluencers with Andy Serwer: Carolyn Everson
In this episode of Influencers, Andy speaks with Facebook Global Business Group VP, Carolyn Everson, for a discussion about COVID-19 and it’s impact on small business, Facebook’s efforts eliminate hate speech, and the importance of what she calls ‘enlightened leadership’.
Thu, 22 Apr 2021 14:20:31 +0000Read moreApple, Google Face Antitrust Charges At Senate Hearing: WSJ
Legislators and mobile app companies targeted Apple Inc (NASDAQ: AAPL) and Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google in an escalated antitrust hearing on Wednesday focused on their undue influence over their smartphone ecosystems, the Wall Street Journal reports. Most of Google’s antitrust lawsuits were focused on its search and advertising businesses. The hearing brought Apple and Google against music streaming service Spotify Technology SA (NYSE: SPOT), online dating service provider Match Group Inc (NASDAQ: MTCH), and tracking-device maker Tile Inc. “Apple abuses its dominant position as a gatekeeper to insulate itself from competition and disadvantage rival services such as Spotify,” Spotify’s CLO alleged. Tile leveled similar charges against Apple, including the launch of a competing product. Apple faced most of the criticisms, while Google faced flak over the payment processing commissions charged by it and Apple. Apple and Google executives justified the commissions by emphasizing the gravity of high standards for their app stores and security. Apple’s tracking products were significantly different from Tile’s, according to Apple’s Chief Compliance Officer. The officer also refuted the anticompetitive practices allegations. Google justified the commissions by emphasizing Android’s role in raising the accessibility of computing to underserved communities. The commission structure supported entry and innovation, added Google. The Senate had to urge Apple to comply with their request citing Apple’s influencing power on the cost, supply, and availability of mobile applications on Apple devices after Apple declined to testify at their antitrust hearing. The hearing could play a major role in the restraint of the tech dominance, lawmakers said. Price action: AAPL shares traded lower by 0.41% at $132.95 on the last check Thursday. See more from BenzingaClick here for options trades from BenzingaDish Stock Is Trading Higher As It Selects Cloud Provider AWS For 5G NetworkApple Supplier Quanta Hacked In M Ransomware Attack By Russian Group: Bloomberg© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Thu, 22 Apr 2021 13:45:19 +0000Read moreApple, Google Face More Scrutiny Over Distribution Platforms
Critics argue Apple’s App Store practices can be anticompetitive—especially when the tech giant offers similar services.
Thu, 22 Apr 2021 12:49:00 +0000Read more