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  1. 1 day ago · Analyst Martin Yang increased his price target for Apple to $250 from $200, which implies a 21% increase from the stock’s closing price of $214.10 on Thursday. Yang wrote on Friday that he expects the stock to rise based on optimism over the company’s AI initiatives and how they are geared toward the consumer experience.

  2. 2 hours ago · The moves underscore the unease among regulators worldwide on Big Tech leveraging its dominance into the new technology, echoing the companies' market power in other sectors. Vestager in March sent questionnaires to Microsoft, Google, Meta's Facebook and ByteDance's TikTok as well as other big tech ...

  3. 5 hours ago · ByteDance, the parent company of TikTok, has launched Whee, a platform enabling users to share photos, comment on them and like them. While Whee bears undeniable similarities to Instagram, the TikTok owner intends to set this app apart from its competitor. The new social network does not offer a Stories function, for example.

  4. 1 day ago · De EU blijft het concurrentielandschap van de techindustrie onder de loep nemen, met name op het gebied van kunstmatige intelligentie. In maart stuurde het team van Vestager vragenlijsten naar verschillende grote technologiebedrijven, waaronder Microsoft, Google, Meta's Facebook en ByteDance's TikTok, over hun AI-partnerschappen.

  5. 5 hours ago · Marc Jones and Rodrigo Campos, Reuters News. LONDON/NEW YORK - The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back - the first half of 2024 has been another whirlwind in world markets. Forecasts for a global interest-rate-cutting frenzy may not have materialized, but Nvidia and ...

  6. 7 hours ago · (Reuters) -A U.S. court has been asked to postpone to Sept. 19 a hearing to present the high bid in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a motion filed with the court on Friday. The Delaware court officer evaluating bids in a historic auction of shares in a parent of the seventh largest U.S. oil refiner requested the two-month delay to ...

  7. 1 day ago · W marcu zespół Vestager rozesłał kwestionariusze do kilku dużych firm technologicznych, w tym Microsoft, Google, Meta's Facebook i ByteDance's TikTok, dotyczące ich partnerstw w zakresie sztucznej inteligencji. Odpowiedzi na te kwestionariusze zostały ocenione, co doprowadziło do nowej rundy zapytań.