Apple’s planned changes, to ask iPhone users for consent to track their data for personalized ads, could present a “risk” to advertiser demand, Snap said, but added it was unclear how that could affect business in the long-run.
The higher sales of chips - and chips with better margins - accounted for the company's above-expectations profit forecast despite falling short of estimates for its licensing business, Palkhiwala told Reuters.
Retail investors' participation in US equity order flows increased to nearly 20% in 2020 from 15% in 2019, while orders from long-only funds fell to 6.4% last year from 9.7% in 2019, data from Swiss bank UBS showed.
Several developers have challenged Google and Apple over their app policies, triggering calls for regulatory action as nearly all smartphones outside restricted markets such as China come with either Google's Play store or Apple's App Store.
In the United States, state attorneys general are planning a lawsuit against Google over its Play Store for Android phones following complaints.
Kia last week changed its corporate brand to simply 'Kia' from 'Kia Motors' in what it said was part of a new strategy aimed at taking the company "beyond vehicle manufacturing to create sustainable mobility solutions", without providing specific details of new projects.
He added that the bulk of investors are not day-to-day traders, but people making a long-term punt -- and he estimates that the spectacular price boom of recent weeks has involved only around five millions units.
The adviser to the EU’s top court has issued a recommendation to allow data protection agencies in any EU country to take legal action against Facebook or any other tech firm even if their regional headquarters are in a different EU state.
If the recommendation is followed, it could prompt action by national agencies in the 27-member EU against other U.S. tech companies, such as Google, Twitter and Apple, which also have their EU headquarters in Ireland.
The report comes weeks after Reuters reported that Apple was moving forward with self-driving car technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.