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Defying Trump, House GOP plans to forge ahead with TikTok bill that could ban app

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Instagram overtook TikTok in app downloads during 2023

Instagram is set to become the most downloaded app in 2023 as the Chinese-owned video app faces scrutiny from US regulators and some lawmakers warn it poses a security threat. It took over from TikTok. According to Sensor Tower data, total Instagram app downloads rose 20% year-on-year to 768 million in 2023. This statistic means […]

X to launch app for smart TVs ‘identical’ to YouTube TV: report

Elon Musk’s X plans to launch an app “identical” to YouTube’s TV service for smart TVs as early as next week, according to reports. Musk’s goal is to get users to watch “long videos on a big screen.” Musk said it’s part of the billionaire’s larger effort to make X an “everything app.” luckThis was […]

Apple reverses course, allows Epic Games to launch Fortnite app in EU

Barron’s Deputy Editor Alex Yule and Barron’s Roundtable panelists discuss the growing concerns about the introduction to online gambling and this week’s stock picks. Apple on Friday reversed its decision to block “Fortnite” video game developer Epic Games from launching its own online marketplace for iPhones and iPads in Europe, clearing the way. Last Wednesday, […]

Trump backs TikTok as Congress mulls banning Chinese-owned app

Former President Donald Trump on Thursday voiced opposition to a ban on TikTok being considered by Congress, arguing that it would help Facebook, which he called “the real enemy of the people.” “If you eliminate TikTok, Facebook and Zuckerschmuck will double their business,” Trump, 77, said. Claimed in a Truth Social postapparently referring to Meta […]

Chinese shopping app Temu spent $2B on Facebook, Instagram ads

Temu, the Chinese fast fashion brand that has taken the U.S. e-commerce retail industry by storm in recent months, was Metaplatforms’ biggest ad spender on social media sites Facebook and Instagram, according to a report. That’s what it means. Temu’s parent company PDD Holdings spent about $2 billion on advertising with Meta last year alone. […]

Apple reinstates Epic Games’ app store account in Europe after regulator scrutiny

Apple on Friday reinstated permission for Fortnite maker Epic Games to offer its app store to iPhone customers in Europe. It comes a day after European Union regulators suggested the company’s brazen move to block Epic may violate new sweeping antitrust laws. Apple faces intense scrutiny under the European Union’s Digital Markets Act. The law […]

Apple faces grilling by EU antitrust cops for blocking ‘Fortnite’ maker’s app store plans in Europe

Apple is facing heavy criticism from the European Union’s antitrust police after it blocked Fortnite maker Epic Games from launching its own app store for iPhone customers. It’s a brazen move as deadlines for compliance with Europe’s wide-ranging technology competition laws approach. The Cupertino, Calif.-based company announced Wednesday that it is terminating the developer accounts […]

Apple escalates Epic Games feud by blocking Fortnite app in EU

Shah Gilani, chief investment strategist at Money Map Press, said during an appearance on “Bernie & Co.” that the market is already “anticipating” Trump’s victory in the 2024 election. insisted. Apple escalated its feud with Epic Games on Wednesday, blocking Fortnite video game maker It starts with the launch of our own online marketplace on […]

Apple blocks ‘Fortnite’ maker Epic Games’s app store plans in Europe

Apple has blocked Fortnite maker Epic Games from launching its own third-party app store for iPhone and iPad customers in Europe. This is a surprising escalation of a years-long legal battle between the two tech giants. The Cupertino, California-based company has terminated the developer account of Epic Games’ Swedish affiliate, effectively canceling the video game […]