UK targets Apple and Google's mobile platforms for regulation
The U.K.'s Competition and Markets Authority (CMA) announced on Wednesday a proposal that would give Apple and Google's mobile platforms 'strategic market status' — a designation that allows the regulator to create rules that could change how their app stores operate and how their mobile software works.
The move is designed to create a more open, competitive environment for the app economy and user choice. However, Apple and Google have pushed back at the proposals, with Apple saying changes would compromise user security and privacy. A final decision on the matter will arrive in October, after the two companies present their cases.
If the proposal goes through, it would give the CMA the ability to address issues like the commission rates on in-app purchases, the app review process, app rankings, restrictions on developer access to certain technology, and default settings that could reduce competition, among other things. Tim Sweeney, CEO of Epic Games, which has been involved in antitrust lawsuits against the tech giants, expressed his disappointment in the proposed roadmap, as it doesn't allow for competing mobile app stores like the Epic Games Store.
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Data Science Course FAANG Interview Prep 2025 - Data Scientist Jobs at Google Amazon Meta Apple Netflix Updated
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Why you might one day use stablecoins in place of credit cards or bank accounts
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GRMN builds GPS equipment and wearable technology, focusing on automotive, aviation, marine, outdoors, and fitness markets. Its first-quarter fiscal 2025 earnings report showed record quarterly revenue of $1.54 billion (up 11% in a year), $333 million in operating income (up 12%), and per-share earnings of $1.61 (up 13%). No wonder GRMN shares are up 12% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock. Big Money Heads to Garmin Institutional volumes reveal plenty. In the last year, GRMN has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in GRMN shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of technology names are under accumulation right now. But there's a powerful fundamental story happening with Garmin. Garmin Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, GRMN has had strong sales and earnings growth: 1-year sales growth rate (+20.4%) 3-year EPS growth rate (+10.7%) Source: FactSet Also, EPS is estimated to ramp higher this year by +5.8%. Now it makes sense why the stock has been generating Big Money interest. GRMN has a track record of strong financial performance. Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term. Garmin has been a top-rated stock at MoneyFlows for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It's up 3,840% since its first appearance on the rare Outlier 20 report in December 2002. The blue bars below show when GRMN was a top pick…Big Money loves it: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. Garmin Price Prediction The GRMN action isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author owns GRMN in personal and managed accounts at the time of publication. If you are a Registered Investment Advisor (RIA) or a serious investor, learn how institutional trading flows can take your investing to the next level. This article was originally posted on FX Empire More From FXEMPIRE: Eye Outliers Like Synopsys Early with Money Flows EU's Sluggish Economy Faces Moderate Growth Slowdown from US Trade Tensions Germany: Successful Implementation of Infrastructure Investment Key to Growth, Fiscal Sustainability Buy Like Big Money: Carpenter Technology Soars SoFi Shares See Huge Bullish Signal, Could Rise More Coinbase on Fire from Sustained Big Money Buys Inicia sesión para acceder a tu cartera de valores
