Ambani Is Coming for India’s Phones and Wallets
(Bloomberg Opinion) — Things nobody should lose in a taxi — their phone and wallet — are what India’s richest man wants to control. And Mukesh Ambani intends to do it in a market of a billion-plus consumers. The oil-and-petrochemicals…
Apple confirms next iPhone will be delayed ‘a few weeks’
Apple (AAPL) on Thursday confirmed that its next iPhone, presumably called the iPhone 12, will be delayed “a few weeks.” The announcement came during the company’s Q3 2020 earnings call with Apple CFO Luca Maestri saying that while last year’s iPhone…
Tech Lifts U.S. Stock Futures; Dollar Extends Drop: Markets Wrap
(Bloomberg) — U.S. equity futures climbed after stellar earnings from technology giants, while the dollar extended this month’s slide amid renewed concern about the strength of the American recovery. Asian shares retreated. S&P 500 and Nasdaq…
Big Tech Emperors Parade Their Earnings Power
(Bloomberg Opinion) — What timing. On Wednesday, the CEOs of four of the biggest U.S. technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the…
Australia unveils law forcing tech giants to pay for news
Australia unveiled a draft law Friday to force Google and Facebook to pay news media for their content in a “world-leading” initiative sure to prompt a confrontation with the US digital giants. Treasurer Josh Frydenberg announced the…
Unemployment Fraud; Political Signs Stolen; DUI Crash: Blotter
The following information comes from the Glencoe, Northfield, Wilmette and Winnetka police departments as a record of police activity and incidents reported to the police. Criminal charges represent merely accusations by the state and are often dropped…
Facebook’s Second-Quarter Sales Top Estimates as Ads Rebound
(Bloomberg) — Facebook Inc.’s second-quarter sales topped analysts’ highest estimates, rebounding from a pandemic-fueled disruption to digital advertising earlier in the year as its social media apps continued to draw more users. Revenue rose 11%…
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Yahoo Life is committed to finding you the best products at the best prices. The product written about here is offered in affiliation with Yahoo Life’s parent company, Verizon Media. When they’re in working order, your personal electronics are…
Stocks Grind Through a Deluge of News
Some days it feels like there is simply too much news. That clearly was the case on what was a very mixed Thursday for stocks as investors were bombarded with economic and political headlines alike. The stop-and-watch headline was the Commerce…
FirstFT: Today’s top news stories
How well did you keep up with the news this week? Take our quiz . The Hong Kong government has disqualified Joshua Wong, one of the city’s best-known pro-democracy campaigners, from standing in legislative elections next month, citing the territory’s new…