Technology
Elizabeth Warren's big tech breakup plan spares Apple
Published:
Last Updated:
Or does it?
From Warren’s It’s time to break up Amazon, Google and Facebook, posted Friday on Medium:
These companies would be prohibited from owning both the platform utility and any participants on that platform. Platform utilities would be required to meet a standard of fair, reasonable, and nondiscriminatory dealing with users. Platform utilities would not be allowed to transfer or share data with third parties.
From CNBC‘s Jacob Pranuk and Tucker Higgins:
Though Warren’s post did not mention Apple, her campaign said the plan would affect the tech behemoth. The company could have to choose between running its App Store or building its own apps, Warren spokeswoman Saloni Sharma said.
My take: A) Not going to happen. B) If it did, Apple would come out of it, compared to the others, relatively unscathed.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
