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France's anti-trust regulator fines Apple 150 million euros over privacy feature [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The French Competition Authority said the aim of Apple's App Tracking Transparency (ATT) requiring iPhone and iPad apps to ask users for permission before tracking them was not in itself open to criticism. But it ruled that the “way in which it was implemented was neither necessary nor proportionate to Apple's stated objective of protecting personal data”. Apple rolled out ATT starting in April 2021 as part of an update to the operating system powering the iPhone and iPad. The feature forces apps to obtain permission before collecting data to target users with personalised ads. While the feature was designed to tighten up privacy, it faced criticism from Big Tech rivals that it would make it harder for smaller apps to survive without charging consumers. The fine, punishing Apple for abuse of its dominant position in mobile app distribution, covers the period from April 2021 to July 2023. But the amount is a pittance for the iPhone maker, which earned 124 billion dollars i [Read more]
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Stockreport

France's anti-trust regulator fines Apple 150 million euros over privacy feature [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The French Competition Authority said the aim of Apple's App Tracking Transparency (ATT) requiring iPhone and iPad apps to ask users for permission before tracking them was not in itself open to criticism. But it ruled that the “way in which it was implemented was neither necessary nor proportionate to Apple's stated objective of protecting personal data”. Apple rolled out ATT starting in April 2021 as part of an update to the operating system powering the iPhone and iPad. The feature forces apps to obtain permission before collecting data to target users with personalised ads. While the feature was designed to tighten up privacy, it faced criticism from Big Tech rivals that it would make it harder for smaller apps to survive without charging consumers. The fine, punishing Apple for abuse of its dominant position in mobile app distribution, covers the period from April 2021 to July 2023. But the amount is a pittance for the iPhone maker, which earned 124 billion dollars i [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