• Uber, Lyft shares surge after key ballot win in California

    Uber, Lyft shares surge after key ballot win in California

    Uber and Lyft's stock prices soared Wednesday after California voters allowed the ride-hailing giants to continue treating their drivers as independent contractors instead of employees.
  • Apple warns regulation of App Store could ‘materially’ hit its results

    Apple warns regulation of App Store could ‘materially’ hit its results

    Apple’s lucrative App Store fees could be slashed by regulators to the tune of billions of dollars a year, the company warned investors Friday. The iPhone maker said in its most recent annual
  • Can US TikTokers still legally use the app after Sunday’s download ban?

    Can US TikTokers still legally use the app after Sunday’s download ban?

    The Trump Administration’s long-threatened TikTok ban is here, but don’t plan a funeral for the popular video app just yet. Beginning Sunday, both Apple and Google will be forced to stop making TikTok available to download on their app stores. Likewise, TikTok will not be able to update its software after Sunday. Nevertheless, users who …
  • Google fixes policy that appeared to let apps track cheating spouses

    Google fixes policy that appeared to let apps track cheating spouses

    Google has amended a confusing policy that appeared to permit smartphone apps that let people keep tabs on their cheating spouses. The tech giant issued an update Wednesday to its Google Play store policy governing “stalkerware” apps, which track the user’s location and other personal information without their knowledge. These apps — sometimes marketed as …
  • Oracle confirms deal to become TikTok’s ‘technology provider’ in US

    Oracle confirms deal to become TikTok’s ‘technology provider’ in US

    Software giant Oracle confirmed Monday that it has reached a deal with TikTok parent ByteDance to become the Chinese firm’s “trusted technology provider” in the US. The California-based company said Beijing-based ByteDance had submitted the proposed deal to the US Treasury Department over the weekend as it faced a Sept. 20 deadline to dump TikTok’s …
  • Apple files countersuit against ‘Fortnite’ developer Epic Games

    Apple files countersuit against ‘Fortnite’ developer Epic Games

    Apple turned up the heat in its high-stakes legal battle against “Fortnite” developer Epic Games on Tuesday, filing a countersuit asking for damages resulting from lost App Store fees. Apple, which kicked “Fortnite” off the App Store last month after Epic instituted a new payment system which would have allowed it to circumvent the 30 …
  • Robinhood reportedly faces SEC probe related to deals with high-speed traders

    Robinhood reportedly faces SEC probe related to deals with high-speed traders

    Robinhood Markets faces a probe by the Securities and Exchange Commission over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders, the Wall Street Journal reported Wednesday. The investigation is at an advanced stage and the company could pay a fine exceeding $10 million, the report added, citing people …
  • Dating app Bumble reportedly preparing for $6 billion IPO

    Dating app Bumble reportedly preparing for $6 billion IPO

    Female-focused dating app Bumble is reportedly gearing up for an initial public offering that could see it seek a valuation of $6 billion. Bumble — which grew in popularity in the Tinder era by allowing women to make the first move in conversations on its platform — could IPO as soon as early next year, …
  • TikTok’s parent ByteDance reportedly preparing to shut down app if it’s not sold

    TikTok’s parent ByteDance reportedly preparing to shut down app if it’s not sold

    TikTok’s parent company is getting ready to shut down its American operations in the event that a sale doesn’t materialize in the next few months, according to a report. President Trump signed an executive order earlier this month ordering ByteDance to sell TikTok’s US business to a “very American company” or be banned from operating …
  • Epic Games won’t remove feature that got Fortnite booted from Apple App Store

    Epic Games won’t remove feature that got Fortnite booted from Apple App Store

    Epic Games said Wednesday it will not remove a direct payment feature it enabled on Apple devices recently, a move that would mean iPhone users will not receive the latest version of the popular video game “Fortnite.” A legal battle ensued after Epic rolled out its own method of in-game purchases for “Fortnite” on Apple’s …