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Stockreport

Italy antitrust agency fines Apple $116 million for abusing dominance with privacy feature [Yahoo! Finance Canada]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance Canada
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple abused its dominant position with its App Tracking Transparency policy, which forces apps to obtain permission before collecting data to target users with personalized ads, the authority said in a statement. The company rolled out ATT starting in April 2021 as part of an update to the operating system powering the iPhone and iPad. While the feature was designed to tighten up privacy, it faced criticism from Big Tech rivals that it would make it harder for smaller apps to survive without charging consumers. The authority didn't criticize the policy per se, but the fact that the Apple system requires third-party app makers to ask users for consent twice in order to comply with Europe's strict privacy rules. “As a result, such double consent requirement is harmful to developers, whose business model relies on the sale of advertising space, as well as to advertisers and advertising intermediation platforms,” the authority said. The authority said that the double consent req [Read more]

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Stockreport

Italy antitrust agency fines Apple $116 million for abusing dominance with privacy feature [Yahoo! Finance Canada]

Apple Inc.  (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple abused its dominant position with its App Tracking Transparency policy, which forces apps to obtain permission before collecting data to target users with personalized ads, the authority said in a statement. The company rolled out ATT starting in April 2021 as part of an update to the operating system powering the iPhone and iPad. While the feature was designed to tighten up privacy, it faced criticism from Big Tech rivals that it would make it harder for smaller apps to survive without charging consumers. The authority didn't criticize the policy per se, but the fact that the Apple system requires third-party app makers to ask users for consent twice in order to comply with Europe's strict privacy rules. “As a result, such double consent requirement is harmful to developers, whose business model relies on the sale of advertising space, as well as to advertisers and advertising intermediation platforms,” the authority said. The authority said that the double consent req [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS