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Periodicals
Pinterest planning livestream virtual event this month, TechCrunch reports » 18:22
05/13/21
05/13
18:22
05/13/21
18:22
PINS

Pinterest

$55.49 /

-1.635 (-2.86%)

Pinterest intends to host…

Pinterest intends to host a three-day virtual live event that will include livestreamed sessions from notable creators, including Jonathan Van Ness and Rebecca Minkoff, TechCrunch's Sarah Perez reports. The event will will run within the Pinterest app from May 24 through May 25, and will serve as Pinterest's first public test of directly streaming creator content to its over 475M users worldwide, Perez says. Reference Link

ShowHide Related Items >><<
PINS Pinterest
$55.49 /

-1.635 (-2.86%)

PINS Pinterest
$55.49 /

-1.635 (-2.86%)

05/10/21 Arete
Pinterest initiated with a Buy at Arete
05/10/21 Citi
Pinterest price target lowered to $65 from $85 at Citi
04/30/21 MKM Partners
Twitter price target lowered to $83 from $95 at MKM Partners
04/28/21 Wedbush
Pinterest price target lowered to $91 from $100 at Wedbush
PINS Pinterest
$55.49 /

-1.635 (-2.86%)

PINS Pinterest
$55.49 /

-1.635 (-2.86%)

PINS Pinterest
$55.49 /

-1.635 (-2.86%)

PINS Pinterest
$55.49 /

-1.635 (-2.86%)

Hot Stocks
Twitter brings DM search bar to Android » 18:17
05/13/21
05/13
18:17
05/13/21
18:17
TWTR

Twitter

$50.11 /

-0.6 (-1.18%)

, GOOG

Alphabet

$2,261.45 /

+21.72 (+0.97%)

, GOOGL

Alphabet Class A

$2,228.54 /

+27.21 (+1.24%)

Twitter (TWTR) announced…

Twitter (TWTR) announced that it has brought the direct message, or DM, search bar to Android (GOOG) and is rolling out an improved version that lets users search for all of their old conversations, not just the most recent ones. "Waiting for the option to search your DMs for message content? We're working on releasing that later this year!" Twitter added. Reference Link

ShowHide Related Items >><<
TWTR Twitter
$50.11 /

-0.6 (-1.18%)

GOOGL Alphabet Class A
$2,228.54 /

+27.21 (+1.24%)

GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

TWTR Twitter
$50.11 /

-0.6 (-1.18%)

05/10/21 Citi
Twitter price target lowered to $58 from $80 at Citi
05/03/21 BMO Capital
Twitter price target lowered to $65 from $80 at BMO Capital
04/30/21 MKM Partners
Twitter price target lowered to $83 from $95 at MKM Partners
04/30/21 JPMorgan
Twitter earnings selloff a buying opportunity, says JPMorgan
GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Citi downgrades Google and Facebook on bullish sell-side expectations
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
05/03/21
Fly Intel: Top five analyst upgrades
GOOGL Alphabet Class A
$2,228.54 /

+27.21 (+1.24%)

05/10/21 Citi
ViacomCBS added, Google removed from Citi's Recommended List
TWTR Twitter
$50.11 /

-0.6 (-1.18%)

GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

TWTR Twitter
$50.11 /

-0.6 (-1.18%)

GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

TWTR Twitter
$50.11 /

-0.6 (-1.18%)

GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

TWTR Twitter
$50.11 /

-0.6 (-1.18%)

GOOGL Alphabet Class A
$2,228.54 /

+27.21 (+1.24%)

GOOG Alphabet
$2,261.45 /

+21.72 (+0.97%)

Periodicals
Qualcomm tells TechCrunch it won't attend Mobile World Congress in person » 11:48
05/13/21
05/13
11:48
05/13/21
11:48
QCOM

Qualcomm

$126.66 /

+1.99 (+1.60%)

, GOOG

Alphabet

$2,258.00 /

+18.27 (+0.82%)

, GOOGL

Alphabet Class A

$2,223.91 /

+22.58 (+1.03%)

, IBM

IBM

$143.14 /

+1.84 (+1.30%)

, NOK

Nokia

$4.72 /

+0.01 (+0.21%)

, SONY

Sony

$92.57 /

-0.54 (-0.58%)

, ORCL

Oracle

$78.00 /

+1.26 (+1.64%)

, ERIC

Ericsson

$12.99 /

+0.04 (+0.31%)

, SSNLF

Samsung

$2,209.70 /

+ (+0.00%)

, LNVGY

Lenovo

$24.28 /

-1.76 (-6.76%)

Qualcomm (QCOM) is…

Qualcomm (QCOM) is joining a number of other tech giants, including Google (GOOGL), IBM (IBM), Nokia (NOK), Sony (SONY), Oracle (ORCL), Ericsson (ERIC), Samsung (SSNLF), and Lenovo (LNVGY), in deciding not to exhibiting at this year's Mobile World Congress in Barcelona in person, TechCrunch's Brian Heater reports. A spokesperson for Qualcomm told TechCrunch that it will be taking a similar approach as many of the others, deciding to attend the event virtually. "While we appreciate the health and safety measures being put into place by the GSMA for MWC Barcelona, we have decided that it is in the best interest of our employees and customers for Qualcomm's participation to be virtual this year," the company said. "We look forward to engaging with the ecosystem through Cristiano Amon's virtual keynote on June 28th and through our latest announcements and 5G demonstrations." Reference Link

ShowHide Related Items >><<
SSNLF Samsung
$2,209.70 /

+ (+0.00%)

SONY Sony
$92.57 /

-0.54 (-0.58%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

NOK Nokia
$4.72 /

+0.01 (+0.21%)

LNVGY Lenovo
$24.28 /

-1.76 (-6.76%)

IBM IBM
$143.14 /

+1.84 (+1.30%)

GOOGL Alphabet Class A
$2,223.91 /

+22.58 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

ERIC Ericsson
$12.99 /

+0.04 (+0.31%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

04/29/21 Canaccord
Qualcomm price target raised to $188 from $180 at Canaccord
04/29/21 Morgan Stanley
Qualcomm price target raised to $173 from $167 at Morgan Stanley
04/29/21 Mizuho
Qualcomm price target raised to $175 from $170 at Mizuho
04/29/21 Citi
Qualcomm price target lowered to $154 from $165 at Citi
GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Citi downgrades Google and Facebook on bullish sell-side expectations
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
05/03/21
Fly Intel: Top five analyst upgrades
GOOGL Alphabet Class A
$2,223.91 /

+22.58 (+1.03%)

05/10/21 Citi
ViacomCBS added, Google removed from Citi's Recommended List
IBM IBM
$143.14 /

+1.84 (+1.30%)

04/20/21 Credit Suisse
IBM price target raised to $165 from $160 at Credit Suisse
04/20/21 Stifel
IBM price target raised to $151 from $147 at Stifel
04/20/21 Morgan Stanley
IBM price target raised to $152 at Morgan Stanley after Q1 results show progress
04/20/21 BMO Capital
IBM price target raised to $150 from $138 at BMO Capital
NOK Nokia
$4.72 /

+0.01 (+0.21%)

05/07/21 Morgan Stanley
Nokia upgraded to Overweight from Equal Weight at Morgan Stanley
04/30/21 Credit Suisse
Nokia price target raised to EUR 4.45 from EUR 3.65 at Credit Suisse
04/30/21 Deutsche Bank
Nokia price target raised to EUR 4.80 from EUR 4.60 at Deutsche Bank
04/30/21 SEB Equities
Nokia upgraded to Buy from Hold at SEB Equities
SONY Sony
$92.57 /

-0.54 (-0.58%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

05/10/21 Barclays
Oracle downgraded to Equal Weight from Overweight at Barclays
04/22/21 Wolfe Research
Oracle initiated with a Peer Perform at Wolfe Research
04/22/21 Cowen
Oracle price target raised to $85 from $77 at Cowen
ERIC Ericsson
$12.99 /

+0.04 (+0.31%)

05/07/21 Morgan Stanley
Ericsson downgraded to Equal Weight from Overweight at Morgan Stanley
04/23/21 Barclays
Ericsson price target raised to SEK 150 from SEK 140 at Barclays
04/23/21 Morgan Stanley
Ericsson price target raised to SEK 135 from SEK 125 at Morgan Stanley
04/22/21 Cowen
Ericsson price target raised to $19 from $17 at Cowen
SSNLF Samsung
$2,209.70 /

+ (+0.00%)

04/20/21 JPMorgan
NXP Semiconductors seen at JPMorgan as potential M&A target for Samsung
04/06/21 Roth Capital
Netlist target raised to $4 at Roth Capital after milestone Hynix settlement
03/29/21 Needham
Synaptics price target raised to $180 from $150 at Needham
02/04/21 Craig-Hallum
Qorvo price target raised to $195 from $160 at Craig-Hallum
LNVGY Lenovo
$24.28 /

-1.76 (-6.76%)

01/14/21 JPMorgan
Lenovo upgraded to Overweight from Neutral at JPMorgan
01/11/21 Credit Suisse
Lenovo upgraded to Outperform from Neutral at Credit Suisse
11/03/20 BofA
Lenovo upgraded to Buy from Neutral at BofA
05/21/20 JPMorgan
Lenovo downgraded to Neutral from Overweight at JPMorgan
SSNLF Samsung
$2,209.70 /

+ (+0.00%)

SONY Sony
$92.57 /

-0.54 (-0.58%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

NOK Nokia
$4.72 /

+0.01 (+0.21%)

IBM IBM
$143.14 /

+1.84 (+1.30%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

ERIC Ericsson
$12.99 /

+0.04 (+0.31%)

SSNLF Samsung
$2,209.70 /

+ (+0.00%)

SONY Sony
$92.57 /

-0.54 (-0.58%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

NOK Nokia
$4.72 /

+0.01 (+0.21%)

IBM IBM
$143.14 /

+1.84 (+1.30%)

GOOGL Alphabet Class A
$2,223.91 /

+22.58 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

ERIC Ericsson
$12.99 /

+0.04 (+0.31%)

SSNLF Samsung
$2,209.70 /

+ (+0.00%)

SONY Sony
$92.57 /

-0.54 (-0.58%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

NOK Nokia
$4.72 /

+0.01 (+0.21%)

IBM IBM
$143.14 /

+1.84 (+1.30%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

QCOM Qualcomm
$126.66 /

+1.99 (+1.60%)

ORCL Oracle
$78.00 /

+1.26 (+1.64%)

NOK Nokia
$4.72 /

+0.01 (+0.21%)

IBM IBM
$143.14 /

+1.84 (+1.30%)

GOOGL Alphabet Class A
$2,223.91 /

+22.58 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

ERIC Ericsson
$12.99 /

+0.04 (+0.31%)

Hot Stocks
PayPal, Google Cloud announce expanded relationship » 11:37
05/13/21
05/13
11:37
05/13/21
11:37
PYPL

PayPal

$241.11 /

+1.22 (+0.51%)

, GOOGL

Alphabet Class A

$2,224.04 /

+22.71 (+1.03%)

, GOOG

Alphabet

$2,258.00 /

+18.27 (+0.82%)

Google Cloud (GOOGL) and…

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PYPL PayPal
$241.11 /

+1.22 (+0.51%)

GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

PYPL PayPal
$241.11 /

+1.22 (+0.51%)

05/07/21 BMO Capital
PayPal price target raised to $256 from $241 at BMO Capital
05/07/21 Oppenheimer
PayPal price target raised to $322 from $310 at Oppenheimer
05/06/21 Oppenheimer
PayPal price target raised to $322 from $310 at Oppenheimer
05/06/21 Credit Suisse
PayPal price target raised to $315 from $310 at Credit Suisse
GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

05/10/21 Citi
ViacomCBS added, Google removed from Citi's Recommended List
05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Citi downgrades Google and Facebook on bullish sell-side expectations
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

05/03/21
Fly Intel: Top five analyst upgrades
PYPL PayPal
$241.11 /

+1.22 (+0.51%)

GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

PYPL PayPal
$241.11 /

+1.22 (+0.51%)

GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

PYPL PayPal
$241.11 /

+1.22 (+0.51%)

GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

PYPL PayPal
$241.11 /

+1.22 (+0.51%)

GOOGL Alphabet Class A
$2,224.04 /

+22.71 (+1.03%)

GOOG Alphabet
$2,258.00 /

+18.27 (+0.82%)

Periodicals
Google wins deal with SpaceX for Starlink internet connectivity, CNBC reports » 09:30
05/13/21
05/13
09:30
05/13/21
09:30
GOOG

Alphabet

$2,239.32 /

-70.64 (-3.06%)

, GOOGL

Alphabet Class A

$2,200.27 /

-69.33 (-3.05%)

Google announced its…

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GOOGL Alphabet Class A
$2,200.27 /

-69.33 (-3.05%)

GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Citi downgrades Google and Facebook on bullish sell-side expectations
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
05/03/21
Fly Intel: Top five analyst upgrades
GOOGL Alphabet Class A
$2,200.27 /

-69.33 (-3.05%)

05/10/21 Citi
ViacomCBS added, Google removed from Citi's Recommended List
GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

GOOGL Alphabet Class A
$2,200.27 /

-69.33 (-3.05%)

GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

GOOGL Alphabet Class A
$2,200.27 /

-69.33 (-3.05%)

GOOG Alphabet
$2,239.32 /

-70.64 (-3.06%)

Hot Stocks
Amazon hiring 75K workers, average starting pay over $17 per hour, start bonus » 09:08
05/13/21
05/13
09:08
05/13/21
09:08
AMZN

Amazon.com

$3,153.02 /

-71.98 (-2.23%)

Amazon announced that it…

Amazon announced that it is hiring 75,000 people in its fulfillment and logistics network across the U.S. and Canada as it continues to expand its footprint and serve customers. Amazon recently announced pay increases across its fulfillment and transportation networks, and these open roles offer an average starting pay of over $17 per hour, plus sign-on bonuses in many locations of up to $1,000. In addition, the company offers full-time employees industry-leading benefits, which include health, vision, and dental insurance, 401(k) with 50% company match, paid parental leave, and access to various company-funded upskilling opportunities, including Amazon's innovative Career Choice program, which prepays 95% of tuition for courses in high-demand fields. "We look forward to hiring 75,000 associates across our fulfillment and transportation network," said Alicia Boler Davis, Vice President of Global Customer Fulfillment at Amazon. "Working at Amazon also comes with an unwavering commitment to safety, especially as we continue to navigate a global pandemic. In addition to the great pay and robust benefits available to new hires starting on their first day, we're offering a $100 benefit to new hires who come to Amazon already vaccinated for COVID-19."

ShowHide Related Items >><<
AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

05/12/21 Alliance Global Partners
Alliance Global Partners bullish on Cinedigm, sees Roku among catalysts
05/12/21 SVB Leerink
GoodRx moat still intact as Amazon Pharmacy push continues, says SVB Leerink
05/12/21 Citi
Amazon.com price target raised to $4,175 from $3,750 at Citi
05/04/21 R5 Capital
Amazon.com upgraded to Buy from Hold at R5 Capital
AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

Hot Stocks
Amazon hiring 75K workers, average starting pay over $17 per hour, start bonus » 09:08
05/13/21
05/13
09:08
05/13/21
09:08
AMZN

Amazon.com

$3,153.02 /

-71.98 (-2.23%)

Amazon announced that it…

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AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

05/12/21 Alliance Global Partners
Alliance Global Partners bullish on Cinedigm, sees Roku among catalysts
05/12/21 SVB Leerink
GoodRx moat still intact as Amazon Pharmacy push continues, says SVB Leerink
05/12/21 Citi
Amazon.com price target raised to $4,175 from $3,750 at Citi
05/04/21 R5 Capital
Amazon.com upgraded to Buy from Hold at R5 Capital
AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

AMZN Amazon.com
$3,153.02 /

-71.98 (-2.23%)

Options
Notable open interest changes for May 13th » 08:55
05/13/21
05/13
08:55
05/13/21
08:55
AAPL

Apple

$122.82 /

-3.02 (-2.40%)

, XOM

Exxon Mobil

$60.04 /

+0.32 (+0.54%)

, PLTR

Palantir

$18.87 /

-1.33 (-6.58%)

, FB

Facebook

$302.70 /

-3.7 (-1.21%)

Wednesday's total…

Wednesday's total option volume of 41.2 million contracts resulted in net open interest growth of 4.42 million calls and 4.43 million puts. Apple (AAPL), Exxon Mobil (XOM), Palantir Technologies (PLTR) and Facebook (FB) saw the greatest growth. Top five new positions opened include 31k Exxon Mobil (XOM) Jul-21 60 puts, 29k Exxon Mobil (XOM) Jul-21 60 calls, 23k Bank of America (BAC) Jun-21 43 calls, 23k Bank of America (BAC) Jun-21 47 calls and 21k Vipshop (VIPS) May-21 30 calls.

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XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

PLTR Palantir
$18.87 /

-1.33 (-6.58%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

07:25 Today JPMorgan
iPhone continues to gain share in China, says JPMorgan
07:20 Today Bernstein
Bernstein sees potentially worrisome similarities between iPhone 12, iPhone 6/X
05/11/21 Evercore ISI
Chinese data points to smartphone market slowdown in April, says Evercore ISI
05/11/21 Bernstein
Mix shift to Pro/Pro Max behind Apple iPhone ASPs strength, says Bernstein
XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

05/05/21 DZ Bank
Exxon Mobil upgraded to Buy from Hold at DZ Bank
05/03/21 Truist
Exxon Mobil price target raised to $64 from $60 at Truist
05/03/21 Mizuho
Exxon Mobil price target raised to $58 from $55 at Mizuho
04/14/21
Fly Intel: Top five analyst upgrades
PLTR Palantir
$18.87 /

-1.33 (-6.58%)

05/12/21 Wolfe Research
Palantir price target lowered to $20 from $23 at Wolfe Research
05/12/21 Morgan Stanley
Palantir building toward more durable growth, but priced in, says Morgan Stanley
05/12/21 Goldman Sachs
Goldman 'encouraged' by 'noteworthy' Q1 from Palantir, keeps Buy
05/12/21 Citi
Palantir price target raised to $17 from $15 at Citi
FB Facebook
$302.70 /

-3.7 (-1.21%)

05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
05/10/21 Citi
Facebook downgraded to Neutral from Buy at Citi
04/29/21 KeyBanc
Facebook price target raised to $414 from $360 at KeyBanc
XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

PLTR Palantir
$18.87 /

-1.33 (-6.58%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

PLTR Palantir
$18.87 /

-1.33 (-6.58%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

PLTR Palantir
$18.87 /

-1.33 (-6.58%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

XOM Exxon Mobil
$60.04 /

+0.32 (+0.54%)

PLTR Palantir
$18.87 /

-1.33 (-6.58%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

AAPL Apple
$122.82 /

-3.02 (-2.40%)

Options
Facebook call buyer realizes 16% same-day gains » 08:00
05/13/21
05/13
08:00
05/13/21
08:00
FB

Facebook

$302.70 /

-3.7 (-1.21%)

Notable profits for the…

Notable profits for the buyer who lifted the $14.69 offer for 1,007 Facebook (FB) Aug-21 315 calls yesterday at 11:10ET when underlying shares were trading at $299.99. Shares closed at $302.55, and the calls at $16.98 for a mark-to-market profit of 16%, or $230K, on the $1479K outlay.

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FB Facebook
$302.70 /

-3.7 (-1.21%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

05/10/21
Fly Intel: Top five analyst downgrades
05/10/21 Citi
Facebook downgraded at Citi with Google on concerns over expectations
05/10/21 Citi
Facebook downgraded to Neutral from Buy at Citi
04/29/21 KeyBanc
Facebook price target raised to $414 from $360 at KeyBanc
FB Facebook
$302.70 /

-3.7 (-1.21%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

FB Facebook
$302.70 /

-3.7 (-1.21%)

Hot Stocks
Italy's AGCM fines Google over EUR100M for abuse of dominant position » 07:23
05/13/21
05/13
07:23
05/13/21
07:23
GOOG

Alphabet

$2,239.32 /

-70.64 (-3.06%)

, GOOGL

Alphabet Class A

$2,200.27 /

-69.33 (-3.05%)

The Italian Competition…

The Italian Competition Authority has imposed a fine of over 100 million euros on Alphabet Inc., Google LLC and Google Italy S.r.l. for the violation of Article 102 of the Treaty on the Functioning of the European Union. Through the Android operating system and the Google Play app store, Google holds a dominant position allowing it to control the access of app developers to end users. About three quarters of smartphones in Italy use the Android system. Google is a major global player in the digital economy and relies on a very significant financial strength. According to the Authority's findings, Google did not allow Enel X Italia to develop a version of its JuicePass app compatible with Android Auto, a specific Android feature that allows apps to be used while the user is driving in compliance with safety, as well as distraction reduction, requirements. JuicePass enables a wide range of services for recharging electric vehicles, ranging from finding a charging station to managing the charging session and reserving a place at the station; this latter function guarantees the actual availability of the infrastructure once the user reaches it. In addition to imposing the sanction, the Antitrust Authority deemed it necessary to identify in the cease and desist order the behaviour that Google will have to adopt in order to stop the abuse and avoid the negative effects of the exclusion of Enel X Italia's app from Android Auto. Reference Link

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