Apple Inc. posted an all-time record high revenue of $111.4 billion, up 21 percent YoY, and quarterly earnings per diluted share of $1.68, up 35 percent, as international sales accounted for 64 percent of the quarter’s revenue of all product lines. “This quarter for Apple wouldn’t have been possible without the tireless and innovative work […]
TK Maloy
TK Maloy has been in the journalism/media profession for over 30 years, with a writing portfolio that includes coverage of Capitol Hill, Wall Street, Main Street, and the world, doing business, economic, political, and feature reporting, with specializations including corporate and high-tech topics.
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]
Two senior U.S. representatives blasted Facebook head Mark Zuckerberg, noting the platform’s content problems were “systemic” and require deep change beyond just moderation. “Perhaps no single entity is more responsible for the spread of dangerous conspiracy theories at scale or for inflaming anti-government grievance than the one that you started and that you oversee today […]
Newly sworn-in President Joe Biden named late Thursday longtime Federal Communications Commissioner Jessica Rosenworel to head the agency. Rosenworcel brings with her over two decades of communications policy work, including a term at the FCC that began in 2012 running to 2021, during which public policy had gone back and forth on such key issues […]