Apple

A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S.[REUTERS] The Korea Communications Commission (KCC) swatted down proposals by Google and Apple for how they intend to comply with the so-called Anti-Google law, and told the companies to try again. The KCC said Sunday that the initial proposals, filed following the implementation of a revised Telecommunications Business Act last month, failed to fulfill the objectives of the new law -- specifically to keep app market operators from forcing developers to use their payment systems. “The KCC recently received proposals for how the app stores will abide by the law, but we plan to ask for resubmissions given that they failed to accomplish the purpose of the law,” the regulator said in a statement. Unless any viable plan is set, it says, the regulator will “make a stern response.” The KCC also plans to launch a probe into whether or how Google and Apple pressured app …

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(CNN Business) Apple is set to kick off its second product event of the season, a month after introducing its new iPhone 13 lineup. At a virtual event on Monday at 1 pm ET, the company is expected to unveil two high-end MacBook Pro laptops powered by its next-generation silicon chip. It may also introduce an update to its entry-level AirPods that's more in line with the features of the AirPods Pro line. The iPhone 13 hits shelves Apple's event kicks off what promises to be a busy week in tech product launches, with several companies pushing out new gadgets ahead of the all-important holiday season. Later this week, Google will unveil its Pixel 6 smartphone and Samsung is hosting a mysterious press event that the rumor mill didn't even see coming. But these products are launching amid ongoing concerns about global component shortages and logistics issues. Apple, in particular, confronted supply constraints earlier this year …

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For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. The company that added a middling U2 album to half a billion customers' music libraries without asking and is currently being sued for allegedly recording private conversations and passing on the data from them to third parties has your back. New research reveals Apple has tripled its market share of the mobile app advertising market this year by blocking rivals from using targeted ads on iPhones — something Apple says it did, of course, for user protection. What Competition? When Apple introduced its latest privacy changes in April, blocking rivals Facebook and Google from targeting iPhone users, it also ramped up its own in-house ad business. Dubbed Search Ads, the Apple unit offers paid slots in the App Store that show up on top of search results — look up "dog walking" and you might get Rover, …

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ST Sports Talk Ep 140: Hariss Harun on his 1st SPL title; eyeing 2nd Suzuki Cup 20:52 mins Synopsis: The Straits Times tackles the biggest sports talking points every month. In our 140th episode, national football team captain Hariss Harun added another accolade to his trophy-laden career when he lifted the Singapore Premier League (SPL) title on October 10 with the Lion City Sailors. The Sailors, Singapore’s first privatised club, have stated their ambition to establish themselves as one of the continent’s best outfits, and Hariss shares why he believes they can go on to achieve that target, and what role he can play. He also talks about Singapore’s chances at the Suzuki Cup, which kicks off on Dec 5 with Singapore looking for their first Asean title since 2012. They cover the following points: 1. Why winning the SPL is sweet even with all his other achievements (3:28) 2. Similarities between the Sailors and Malaysian giants Johor Darul Takzim (7:20) …

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Google's office in Gangnam. [YONHAP] Korea's antitrust agency fined Google 207.4 billion won ($177 million) for using the success of its mobile operating system (OS) to limit competition. According to the Korean Fair Trade Commission (FTC) on Tuesday, Google prohibited smartphone manufacturers, especially Samsung Electronics, from developing or installing OS systems using Google’s Android algorithm. The FTC said Google’s anti-fragmentation agreement with smartphone manufacturers limited the release of any new smart device using any other operating system other than Android. Samsung Electronics in 2013 launched a smartwatch with an OS that was a modification of Google's Android system. That was considered a violation of the contract. In 2018, LG tried to launch a smart speaker that operated with another modified Android OS system. But Google said it was a violation of the contract and the launch never happened. Amazon tried to install its own operating system on smart TVs …

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We all dream about stocks that turn a modest investment into life-changing wealth. But for many, it stays a dream; there are thousands of publicly traded companies, and it's so hard to find the one that's the next Amazon , let alone find it before the whole world already knows about it. But there are lessons we can take from the stocks that did go on to become the dominant companies we idolize. Here are five traits that I've found most stocks to have that go on to 10X returns and beyond. 1. A founder at the helm The founders of the world's greatest companies are nearly celebrities in their own right. Jeff Bezos and Amazon, Mark Zuckerberg and Facebook , Elon Musk and Tesla . Founders are builders, and a high-quality business is a reflection of its leadership. I would argue that a company's management is its most important trait. Image Source: Getty Images. A study by Brain & Company tracked stocks of founder-led companies from 1990 through 2014 and found that …

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Share to Twitter Share to Linkedin Jim Denevan is probably best known as the mastermind of Outstanding In The Field (OTIF), bespoke culinary experiences set in farm vineyards, beaches, meadows, fishing docks, and city streets across the U.S. and beyond. But chef Denevan is also a talented multimedia artist who creates eco-friendly, geometric sand paintings—called “land art”—that only exist for a short time before they succumb to the elements. Using a rake and stick as his tools, he creates works so perfect and symmetrical that they look engineered. Now a new documentary, Man in the Field , tells the extraordinary story of this creative genius, an artist and chef whose background is as unique as has been the course of his life’s work. About Outstanding in the Field Since 1999, well before farm-to-table became an overused buzzword, Denevan came up with the idea of bringing chefs and farmers together in natural settings. He gathered food enthusiasts …

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Traveling over the Fourth of July weekend, I downloaded Netflix to my iPhone . The first screen that comes up when you initially open the Netflix app might surprise you. It reads: "Trying to join Netflix ? You can't sign up for Netflix in the app. We know it's a hassle. After you're a member, you can start watching in the app." Try as you might, in fact, there's nothing in the app that even tells you how or where you actually can sign up for Netflix. You're left on your own--eventually to figure out that you have to search the internet or point your browser to Netflix.com. What explains this insane user experience? Of all companies, you'd think that Netflix would be one to streamline the experience to get new members to join its 182 million-strong subscriber base. The answer has to do with the fact that Netflix can do simple math. As I reported soon after it happened , Netflix decided in 2018 to stop allowing new users to sign up for its …

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Netflix rolled out some big changes over the last few days. In some ways, this means Netflix is now doing the exact opposite of what Amazon does with Amazon Prime Video. And frankly, it's nothing compared to how it's now directly challenging Apple and Google . Normally, you might look skeptically at a company that says Amazon doesn't know what it's talking about. But Netflix CEO and founder Reed Hastings has proven time and again that he isn't afraid to blow up his own business model--and replace it with something better. There are two new Netflix changes we're focusing on. One of them is something that's been teased for a while, and the other is supposedly just a test--but nevertheless caused an outcry over the weekend. They're clear signs of the company going in a different direction. So let's take a look: 1. No more user reviews Yep, it's official. Netflix got rid of user reviews over the weekend. They've been talking about this for some time, as …

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Last week, mega-cap Merck ( NYSE:MRK ) and privately-held partner Ridgeback Biotherapeutics gave the world a sigh of relief. In a press release about molnupiravir , the first-ever potential oral treatment for COVID-19, the $206 billion pharmaceutical company claimed the drug reduced harm caused by mild to moderate COVID-19 infections by nearly half. In the four weeks after the initiation of treatment, death and hospitalization decreased from 14.1% to 7.3% in those who took the experimental drug. With no deaths reported in the molnupiravir arm versus eight in the placebo arm, investors had plenty to cheer about, adding roughly $16 billion to Merck's market cap, sending the share price up over 8%. With potential results like these, pharmaceutical stocks become top of mind for investors. Image source: Getty Images. The race for a COVID pill Merck and Ridgeback are not the only ones searching for an oral therapy for coronavirus. Atea Pharmaceuticals ( NASDAQ:AVIR …

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