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Stock market volatility hits Norway’s sovereign wealth fund
Norway’s Central Bank on Tuesday said its pension fund lost 188 billion kroner ( 21 billion dollars equivalent) in the first half of 2020 amid stock market volatility during the coronavirus pandemic. The bank said the return on the sovereign wealth fund fell by 3.4 per cent during the January-to-June period. The Deputy Chief Executive of Norges Bank Investment Management, Trond Grande, said there were major fluctuations in the equity market. “The year started with optimism, but the outlook of the equity market quickly turned when the coronavirus started to spread globally. “The sharp decline in global stock markets during the first quarter is, however, limited by a massive monetary and financial policy response. “Even though markets recovered well in the second quarter, we are still witnes...
#FreeFortnite: Epic Games Claps Back At Apple & Google By Suing Both Companies
Source: Fortnite / Epic Games Thursday (Aug.13), the gaming community was thrown for a loop after Apple decided to boot Fortnite from its App store. Not too soon after, Google followed suit removing the highly-addictive game from its Google Play store. Now the game studio has clapped back at both tech giants. #FreeFortnite, that’s what Epic Games is screaming after both companies were not feeling the fact the studio decided it was tired of paying the 30% revenue cut both Apple and Google get for in-game purchases. The decision to remove Fornite from the App Store and Google Play Store came immediately after Epic Games announced that players will get a 20% discount when they purchase the game’s in-game currency, V-Bucks, directly from the Epic Games store. Defending its decision, Google sta...
Spotify Allies With ‘Fortnite’ in Apple App Store Battle
Spotify is backing Fortnite developer Epic Games in its new clash with Apple and the tech giant’s App Store, highlighting its own lawsuit over similar issues. After Apple removed Fortnite from the App Store on Wednesday because Epic Games had introduced a way for players to purchase its virtual “V-bucks” currency outside the payment marketplace, Epic Games filed a lawsuit that could have legal ramifications in the music industry. {“nid”:”9416468″,”type”:”post”,”title”:”Sony Takes Minority Stake in Fortnite Maker With $250 Million Investment”,”relative_path”:”\/articles\/business\/9416468\/sony-minority-stake-fortnite-maker-epic-250-million-investment\/”,”media”:{“width”:&...
HHW Gaming: Apple Gives ‘Fortnite’ The Boot From App Store After Epic Games “Violates” In-App Payments Rule
Source: Epic Games/Fortnite Just like that, Fortnite is gone from Apple’s App Store after Epic Games announced it was giving players a discount if they purchased V-Bucks directly from Epic. Apple’s decision literally comes hours after Epic Games revealed it would be bypassing the 30% revenue cut that both the App Store and Google Play store takes when players purchase V-Bucks in Fortnite. In a statement released earlier today announcing its new mobile direct payment system Epic stated: “If Apple or Google lower their fees on payments in the future, Epic will pass along the savings to you.” Apple, of course, didn’t care for the decision and subsequently has pulled the game from the App Store and in its own statement, the company said: “Today, Epic Games ...
Apple removes Fornite from App Store
Apple has removed Epic Games’ battle royale Fortnite from the App Store after the developer on Thursday implemented its own in-app payment system that bypassed Apple’s standard 30 percent fee. The post Apple removes Fornite from App Store appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban
Several major US companies have expressed their concern over the effects of the Trump administration’s executive order targeting WeChat, according to a report in The Wall Street Journal. “More than a dozen” companies including Apple, Ford, Walmart, and Disney are all said to have taken part in a call with White House officials on Tuesday where the companies detailed the adverse consequences that a ban on WeChat could have on their own businesses. The post WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, shari...
Apple overtakes Saudi Aramco as world’s most valuable public company
Apple’s stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s most valuable publicly listed company. Apple’s stock surged to as high as $412.22 a share, putting its market capitalization at $1.762 trillion, according to the share count provided by Apple in a regulatory filing on Friday. Saudi Aramco, which has been the most valuable publicly listed company since going public last year, had a market capitalization of $1.760 trillion as of its last close, according to Refinitiv data. Last up 6.2% at $408.78 in midday trading, Apple’s market capitalization stood at $1.748 trillion. After Apple bought back $16 billion worth of shares in the June quarter, it had 4,275,634,000 outstanding shar...
Apple’s 2020 iPhones will be Delayed
Apple CFO, Luca Maestri has confirmed that the company plans on launching its 2020 iPhone a little later than expected. In an earnings call, Maestri said: “last year we started selling new iPhones in late September, this year we expect supply to be available a few weeks later”. This news comes after popular Apple news-breaker said that Apple aficionados could gear up for an 8 September launch. /* custom css */ .tdi_3_b7b.td-a-rec-img{ text-align: left; }.tdi_3_b7b.td-a-rec-img img{ margin: 0 auto 0 0; } The new devices are expected to be unveiled in September however Maestri made no mention of why the tech giant has decided to delay the launch, or exactly when to expect the device to hit shelves. Reports claim that 5.4-inch and 6.1-inch iPhone 12 models will be available with 128...
Twitter Sheds New Light on Unprecedented Hack
Image sourced from Mission Statement Academy Twitter has revealed that the hackers who accessed 130 high-profile accounts – belonging to the likes of Elon Musk, Bill Gates, former US President Barack Obama, Jeff Bezos and Apple, amongst others – were also able to access a number of DM inboxes. In an official tweet, the social media platform says that up to 36 of the 130 targeted accounts, including 1 elected official in the Netherlands, were affected. We believe that for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox, including 1 elected official in the Netherlands. To date, we have no indication that any other former or current elected official had their DMs accessed. — Twitter Support (@TwitterSupport) July 22, 2020 According to The Verge, hackers were able to...
Numerous High-profile Accounts were Hacked on Twitter
Image sourced from Mission Statement Academy Twitter fell victim to a major hack that saw verified high-profile accounts – belonging to the likes of Elon Musk, Bill Gates, former US President Barack Obama, Jeff Bezos and Apple, amongst others – taken over. Hackers used these accounts to promote a bitcoin scam where users were urged to send $1000 worth of the crypto to a specific account that was listed in the tweet, they would then receive double their payment in return. Image sourced from The Hacker News The unprecedented attack is ‘one of the most widespread and confounding hacks the platform has ever seen’, according to The Verge. Twitter has since confirmed that they are working on the issue and have “locked accounts that were compromised and will restore access to the original account...
Samsung May Not Include Chargers When Shipping New Smartphones
Sourced from Shutterstock Samsung might not include chargers alongside new smartphones as soon as next year, according to reports from ETNews. ETNews writes that a number of industry officials believe that “Samsung Electronics is already discussing how to remove the charger from smartphone components with related companies.” Rumours behind the claim say that Samsung’s chargers – a standard component that’s included when purchasing a new smartphone – have become so widespread and the company is now looking at ways to reduce the cost of their devices. Not including a charger in the box might seem like a drastic move, but Samsung is reportedly not the only tech giant considering this. Last week, reports suggested that Apple would also be ditching the charger as well as its Earpods. Apple...
Apple Might Ditch the Charger and EarPods When Shipping 5G iPhones
Apple may no longer include a power adapter and EarPods with new iPhones claims analyst Ming-Chi Kuo. Starting with 2020’s iPhone range, Kuo believes that Apple will ditch the accessories in an attempt to offset the cost increases that come with upgrading the iPhone range to 5G – noting that the company wants to sell the iPhone 12 at a similar price to the iPhone 11. According to 9to5mac, removing these in-box accessories will not only allow Apple to sell the device for less but it could also reduce the size of the iPhone packaging considerably, helping lower Apple’s freight costs and ultimately be better for the environment. /* custom css */ .tdi_3_f2b.td-a-rec-img{ text-align: left; }.tdi_3_f2b.td-a-rec-img img{ margin: 0 auto 0 0; } It’s not yet clear if Apple plans to include the ...
