The Secret Talks That Could Have Prevented the Apple vs. Facebook War

An ongoing dispute over privacy between Apple and Facebook is roiling the digital economy, leading companies to shift billions in ad spending as users continue to limit the data available to advertisers. The feud took off last year, when Apple rolled out iOS 14.5, a version of its mobile operating system that made it easier …

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Samsung Sees Galaxy Z Flip 4, Fold 4 as Edge in Smartphone Wars

NEW YORK—Samsung Electronics Co. sees an opening in its stalemated smartphone war with Apple Inc. That is the view of Samsung mobile-business head Roh Tae-moon, a chief architect of the company’s foldable-display phones. The newest versions, the Galaxy Z Fold 4 and Galaxy Z Flip 4, were unveiled on Wednesday. read entire article

Key Words: Mark Cuban says buying metaverse real estate is ‘the dumbest shit ever’

Billionaire entrepreneur Mark Cuban loves cryptocurrency and Web3 technology, but thinks buying digital real estate in the metaverse is not a good idea. “The worst part is that people are buying real estate in these places,” Cuban told YouTube channel Altcoin Daily this week. “That’s just the dumbest shit ever.” Cuban, who is one of …

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Antitrust Bill Targeting Big Tech in Limbo

WASHINGTON—Congress is set to depart for its August recess soon without acting on a bipartisan antitrust bill targeting the largest U.S. technology companies, in a setback for supporters who had been pushing for a vote before the busy fall election season. Senate Majority Leader Chuck Schumer (D., N.Y.) plans to hold a vote on the …

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: Weekend reads: The jobs market isn’t cracking — gloom turns to boom in the economy

So much for all that recession talk. At least for a day. Friday’s stronger-than-expected jobs report immediately sparked more talk that the Federal Reserve will raise interest rates by 0.75 percentage point, not just 0.50 percentage point, when policy makers next meet in September. As one economist put it, the report “is much too hot …

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Goldman Sachs Credit-Card Practices Under Investigation

Goldman Sachs Group Inc. said Thursday that regulators are investigating business practices at its credit card unit. The bank said in a securities filing that the Consumer Financial Protection Bureau is looking into several areas, including how the bank handles customer refunds and resolves billing disputes. The regulator is also looking into Goldman’s advertisements and …

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CFPB Is Investigating Goldman Sachs's Credit-Card Practices

Goldman Sachs Group Inc. said Thursday that regulators are investigating business practices at its credit card unit. The bank said in a securities filing that the Consumer Financial Protection Bureau is looking into several areas, including how the bank handles customer refunds and resolves billing disputes. The regulator is also looking into Goldman’s advertisements and …

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Facebook parent Meta exploring first-ever sale of corporate bonds

Facebook parent Meta Platforms Inc. META, +5.37% has reportedly asked banks to look into demand for a potential corporate bond sale — what would be the tech giant’s first, according to a Bloomberg News report. Per the Bloomberg report, the company has reportedly asked Morgan Stanley MS, +1.82%, JPMorgan Chase & Co. JPM, +1.05%, Bank …

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Apple will borrow again in the debt market to raise money to reward stockholders

Apple Inc. AAPL, -0.93% is again planning to issue debt to reward its shareholders by buying back its own shares and paying dividends, according to a regulatory filing. The iPhone maker is planning a four-part deal comprised of 7-year, 10-year, 30-year and 40-year bonds. Goldman Sachs, BofA Securities and JP Morgan are underwriting the deal. …

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NFL Launches Its Own Streaming Service, NFL+

The National Football League is getting into the streaming wars with NFL+, a direct-to-consumer subscription service that launched Monday and can embody entry to stay regular-season and playoff video games. The transfer is one more signal the NFL views streaming as key to its long-term success. While the league continues to command enormous audiences and …

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