Apple faces an antitrust complaint over new iPhone privacy settings from a group of Germany’s largest and most powerful media and advertising companies. The German Advertising Federation, called ZAW, said on Monday that it had filed an antitrust complaint with the Bundeskartellamt, Germany’s Federal Cartel Office, which confirmed to MarketWatch that it had received a complaint against AppleThe complainants, which include eight associations in the media and communications industry, ZAW said, allege that Apple abuses its market power and violates antitrust law through new changes to iPhone...…Apple faces an antitrust complaint over new iPhone privacy settings from a group of Germany’s largest and most powerful media and advertising companies. The German Advertising Federation, called ZAW, said on Monday that it had filed an antitrust complaint with the Bundeskartellamt, Germany’s Federal Cartel Office, which confirmed to MarketWatch that it had received a complaint against AppleThe complainants, which include eight associations in the media and communications industry, ZAW said, allege that Apple abuses its market power and violates antitrust law through new changes to iPhone...WW…

A new online competition regulator in the U.K. will target the likes of Facebook and Google in the latest push to rein in the power of technology giants in Europe. The Digital Markets Unit, or DMU, was launched by the British government on Wednesday, though its power to levy fines isn’t expected to come until next year, . Parliament must approve legislation governing the regulator’s oversight abilities before it has real power to police tech giants.The DMU’s mandate includes promoting online competition and overseeing plans to give consumers more control over their data. The watchdog will...…A new online competition regulator in the U.K. will target the likes of Facebook and Google in the latest push to rein in the power of technology giants in Europe. The Digital Markets Unit, or DMU, was launched by the British government on Wednesday, though its power to levy fines isn’t expected to come until next year, . Parliament must approve legislation governing the regulator’s oversight abilities before it has real power to police tech giants.The DMU’s mandate includes promoting online competition and overseeing plans to give consumers more control over their data. The watchdog will...WW…

Volkswagen’s joint venture with China’s oldest car maker will buy green credits from electric-car maker Tesla to meet local environmental rules, . Volkswagen Group has a longstanding business in China with state-owned FAW, China’s third-largest car maker, which has manufactured Volkswagen and Audi passenger vehicles in the country since 1991. FAW was founded during Chairman Mao Zedong’s industrialization campaign in the 1950s, and still produces limousines for Chinese Communist Party leaders.According to the report from Reuters, it was unclear how many credits FAW-Volkswagen would buy from...…Volkswagen’s joint venture with China’s oldest car maker will buy green credits from electric-car maker Tesla to meet local environmental rules, . Volkswagen Group has a longstanding business in China with state-owned FAW, China’s third-largest car maker, which has manufactured Volkswagen and Audi passenger vehicles in the country since 1991. FAW was founded during Chairman Mao Zedong’s industrialization campaign in the 1950s, and still produces limousines for Chinese Communist Party leaders.According to the report from Reuters, it was unclear how many credits FAW-Volkswagen would buy from...WW…

Facebook’s acquisition of GIF site Giphy will face an in-depth investigation from antitrust regulators, after the social-media giant failed to make concessions to address competition concerns. Social-media giant Facebookacquired Giphy in May 2020 in a deal worth $400 million, with the initial intention of integrating the site into Instagram, . Giphy allows users to search, create and share GIFs.The U.K.’s Competition and Markets Authority, or CMA, said on Thursday that it had referred the merger for an in-depth, “second-phase” investigation with a deadline of September 15. Plus: The CMA...…Facebook’s acquisition of GIF site Giphy will face an in-depth investigation from antitrust regulators, after the social-media giant failed to make concessions to address competition concerns. Social-media giant Facebookacquired Giphy in May 2020 in a deal worth $400 million, with the initial intention of integrating the site into Instagram, . Giphy allows users to search, create and share GIFs.The U.K.’s Competition and Markets Authority, or CMA, said on Thursday that it had referred the merger for an in-depth, “second-phase” investigation with a deadline of September 15. Plus: The CMA...WW…

With global markets rallying on the hopes that massive economic stimulus will accompany President-elect Joe Biden’s new administration, Goldman Sachs’ seems even more realistic. In our call of the day, the investment bank’s chief U.S. equity strategist David J. Kostin has mapped out the road to 4,300.Goldman sees the S&P 500rising 14% through the year, after one of the world’s most closely watched indexes closed at 3,756 to finish 2020. A further 7% growth in the index is projected for 2022 — reaching 4,600. Underlying a double-digit forecast for returns in 2021 is the investment bank’s...…With global markets rallying on the hopes that massive economic stimulus will accompany President-elect Joe Biden’s new administration, Goldman Sachs’ seems even more realistic. In our call of the day, the investment bank’s chief U.S. equity strategist David J. Kostin has mapped out the road to 4,300.Goldman sees the S&P 500rising 14% through the year, after one of the world’s most closely watched indexes closed at 3,756 to finish 2020. A further 7% growth in the index is projected for 2022 — reaching 4,600. Underlying a double-digit forecast for returns in 2021 is the investment bank’s...WW…

The U.K. now has enough vaccine to cover the entire population after the AstraZeneca–Oxford COVID-19 vaccine was authorized for use, said Matt Hancock, the health secretary, in an interview on Wednesday.  The vaccine developed by pharmaceutical company AstraZeneca and the University of Oxford’s authorization in the U.K. paves the way for widespread vaccinations with a homegrown shot that is cheaper and easier to transport and store than other vaccines.The Medicines and Healthcare products Regulatory Agency, the U.K. drug regulator, . It said in a statement: “The Government has today...…The U.K. now has enough vaccine to cover the entire population after the AstraZeneca–Oxford COVID-19 vaccine was authorized for use, said Matt Hancock, the health secretary, in an interview on Wednesday.  The vaccine developed by pharmaceutical company AstraZeneca and the University of Oxford’s authorization in the U.K. paves the way for widespread vaccinations with a homegrown shot that is cheaper and easier to transport and store than other vaccines.The Medicines and Healthcare products Regulatory Agency, the U.K. drug regulator, . It said in a statement: “The Government has today...WW…

Apple products worth £5 million ($6.6 million) have been stolen from a lorry in a dramatic highway robbery 75 miles north of London, police said on Tuesday. The offenders “targeted and tied up” a lorry driver and security guard on the M1, one of the U.K.’s major north-south routes, on the evening of Nov. 10, Northamptonshire Police said.They then drove the lorry to the nearby village of Crick, where they transferred the trailer loaded with valuable Appleproducts to an awaiting truck, leaving the driver and guard behind. The truck was later found across a county border to the north, in...…Apple products worth £5 million ($6.6 million) have been stolen from a lorry in a dramatic highway robbery 75 miles north of London, police said on Tuesday. The offenders “targeted and tied up” a lorry driver and security guard on the M1, one of the U.K.’s major north-south routes, on the evening of Nov. 10, Northamptonshire Police said.They then drove the lorry to the nearby village of Crick, where they transferred the trailer loaded with valuable Appleproducts to an awaiting truck, leaving the driver and guard behind. The truck was later found across a county border to the north, in...WW…

Thousands of workers at seven Amazon fulfillment centers in Germany are set to strike over working conditions and wages during one of the technology giant’s busiest weeks.  Verdi, the trade union organizing the strike, told MarketWatch that it estimates that around 15% of Amazon’s German logistics workers will walk out at seven sites on Prime Day, the busy two-day sale for members of Amazon’s paid subscription program. The union confirmed workers from seven centers were on strike on Tuesday.After the U.S., Germany is Amazon’slargest market, and it operates 15 fulfillment centers in the...…Thousands of workers at seven Amazon fulfillment centers in Germany are set to strike over working conditions and wages during one of the technology giant’s busiest weeks.  Verdi, the trade union organizing the strike, told MarketWatch that it estimates that around 15% of Amazon’s German logistics workers will walk out at seven sites on Prime Day, the busy two-day sale for members of Amazon’s paid subscription program. The union confirmed workers from seven centers were on strike on Tuesday.After the U.S., Germany is Amazon’slargest market, and it operates 15 fulfillment centers in the...WW…

Next:ShareThis copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.https://www.barrons.com/articles/profit-with-purpose-how-this-reit-aims-to-combat-homelessness-51599501779A real-estate investment trust (REIT) focused on property providing accommodation to the homeless announced that it plans to raise £250 million ($329 million) through an initial public offering in London next month. Home REIT is a novel proposition aiming to pair positive social outcomes with...…Next:ShareThis copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.https://www.barrons.com/articles/profit-with-purpose-how-this-reit-aims-to-combat-homelessness-51599501779A real-estate investment trust (REIT) focused on property providing accommodation to the homeless announced that it plans to raise £250 million ($329 million) through an initial public offering in London next month. Home REIT is a novel proposition aiming to pair positive social outcomes with...WW…