In this issue

As the pandemic raged through the U.S., Microsoft’s business continued chugging ahead and beat Wall Street expectations for the last three months of 2020, powered by ongoing demand for its workplace software and cloud computing services as people worked from home.

APPLE TO CRACK DOWN ON TRACKING iPHONE USERS IN EARLY SPRING

Apple says it will roll out a new privacy control in the spring to prevent iPhone apps from secretly shadowing people. The delay in its anticipated rollout aims to placate Facebook and other digital services that depend on such data surveillance to help sell ads.

2 mins

APPLE POSTS BIG QUARTER ON FAST SALES START FOR iPHONE 12

Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in years.

2 mins

iPhone12

Now the big question appears to be whether Apple will be able to keep up with the iPhone demand. Some processors and other components may still be in short supply as factories continue to try to catch up with the backlog caused last year’s pandemic-driven shutdowns.

1 min

FACEBOOK Q4 RESULTS SOAR; ZUCKERBERG HITS APPLE OVER PRIVACY

Facebook capped a tumultuous 2020 with soaring earnings in the final quarter, but the company forecast challenges in 2021 that include a coming privacy update by Apple that could limit the social network’s ad targeting capabilities.

2 mins

DEBATE HEATS UP OVER HOW COUNTRIES TAX BIG TECH COMPANIES

An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden’s new administration.

4 mins

SAMSUNG REPORTS PROFIT JUMP DRIVEN BY STRONG CHIP DEMAND

Samsung Electronics Co. said its operating profit for the last quarter rose by more than 26% as it capped offa robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic.

1 min

CYBERCOPS DERAIL MALWARE BOTNET, FBI MAKES RANSOMWARE ARREST

European and North American cyber cops have joined forces to disrupt what may be the world’s largest network for seeding malware infections. The operation appears to strike a major blow against criminal gangs that have used that network for years to install ransomware for extortion schemes and to steal data and money.

4 mins

CHINESE APP TIKTOK CUTS JOBS IN INDIA FOLLOWING BAN

Popular short-video Chinese app TikTok is cutting its workforce in India after hundreds of millions of its users dropped it to comply with a government ban on dozens of Chinese apps amid a military stand off between the two countries.

2 mins

IN DUEL WITH SMALL INVESTORS OVER GAMESTOP, BIG FUNDS BLINK

Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it’s become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%.

5 mins

MICROSOFT KEEPS CHUGGING AS PANDEMIC CONTINUES

As the pandemic raged through the U.S., Microsoft’s business continued chugging ahead and beat Wall Street expectations for the last three months of 2020, powered by ongoing demand for its workplace software and cloud computing services as people worked from home.

2 mins

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