Apple Inc. (AAPL)

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Nike (NKE) Jumps 4.6% as Tim Cook Hikes Stake

We recently published 10 Stocks Lighting Up Market Ahead of Christmas. Nike Inc. (NYSE:NKE) is one of the best performers on Wednesday. Nike Inc. jumped by 4.64 percent on Wednesday to close at $60 apiece after an Apple executive nearly doubled his stake in the company. In a regulatory filing, Nike Inc. (NYSE:NKE) said that […]

Italian Competition Authority fines Apple EUR 98M over app tracking

The Italian Competition Authority has issued a EUR 98M fine to Apple (AAPL) over ‘abuse of a dominant position’. The agency said, “The Authority found the App Tracking Transparency policy to restrict competition. The policy lays down the privacy rules imposed by the company on third-party developers of apps offered on the App Store. The Italian Competition Authority has imposed a 98,635,416.67 euro fine on Apple, Apple Distribution International and Apple Italia for abuse of a dominant position.

Apple to appeal EUR 98M Italian Competition Authority fine, AP reports

Apple (AAPL) said it would appeal a EUR 98.6M fine issued by Italy’s antitrust authority, which determined the company abused its dominant position with its App Tracking Transparency policy, the Associated Press reports, citing a company statement. “At Apple, we believe privacy is a fundamental human right, and we created App Tracking Transparency to give users a simple way to control whether companies can track their activity across other apps and websites,” Apple said. “These rules apply equal