About a dozen U.S. senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon and Alphabet's Google, from favoring their products and services. The bill follows others introduced with the goal of reining in the outsized market power of tech firms, including industry leaders Facebook and Apple. Thus far none became law, although one, which would increase resources for antitrust enforcers, passed the Senate.
Ensemble Capital, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. In the letter, the fund discussed why they see so much new value being created in the years ahead, the value that their portfolio of companies is helping to develop. You can take a look […]
Apple Inc's (NASDAQ: AAPL) advertising business has more than tripled its market share in the six months after introducing privacy changes restricting rivals, including Facebook Inc (NASDAQ: FB), from targeting ads at consumers, the Financial Times reports. The in-house business, called Search Ads, offers sponsored slots in the App Store that appear above search results. EasyPark app doubled its spending with Apple since April, leading to an "all-time high in ad conversion rate." While the effic