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Stockreport

France Fines Apple 150 Million Euros Over Privacy Feature [Barron's]

Apple Inc. (AAPL)  More Company Research Source: Barrons
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The watchdog said the way Apple implemented its App Tracking Transparency (ATT) software was "neither necessary nor proportionate to the company's stated goal to protect user data" and also penalised third-party publishers. In addition to the fine, Apple will have to publish the decision on its website for seven days. Authorities in Germany, Italy, Romania and Poland have opened similar probes over ATT, which Apple promotes as a privacy safeguard. "While we are disappointed with today's decision, the French Competition Authority has not required any specific changes to ATT," Apple said in a statement. The feature, introduced by Apple in 2021, requires apps to obtain user consent through a pop-up window before tracking their activity across other apps and websites. If they decline, the app loses access to information on that user which enables ad targeting. Critics have accused Apple of using the system to promote its own advertising services while restricting competitors. [Read more]
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Stockreport

France Fines Apple 150 Million Euros Over Privacy Feature [Barron's]

Apple Inc.  (AAPL) 
More Company Research Source: Barrons
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The watchdog said the way Apple implemented its App Tracking Transparency (ATT) software was "neither necessary nor proportionate to the company's stated goal to protect user data" and also penalised third-party publishers. In addition to the fine, Apple will have to publish the decision on its website for seven days. Authorities in Germany, Italy, Romania and Poland have opened similar probes over ATT, which Apple promotes as a privacy safeguard. "While we are disappointed with today's decision, the French Competition Authority has not required any specific changes to ATT," Apple said in a statement. The feature, introduced by Apple in 2021, requires apps to obtain user consent through a pop-up window before tracking their activity across other apps and websites. If they decline, the app loses access to information on that user which enables ad targeting. Critics have accused Apple of using the system to promote its own advertising services while restricting competitors. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS