Key PointsIn this article CEO Mark Zuckerberg said on Monday that by 2030, people could use advanced smart glasses to "teleport" to locations like other people's homes, and speak to them as if they're physically present, allowing in-person meetings to be replaced by a headset-based digital experience.One upshot of this vision of the future could be a reduction in travel for business or pleasure, which could help ameliorate the effects of climate change, Zuckerberg ."Obviously, there are going to keep on being cars and planes and all that. But the more that we can teleport around, not only...…Key PointsIn this article CEO Mark Zuckerberg said on Monday that by 2030, people could use advanced smart glasses to "teleport" to locations like other people's homes, and speak to them as if they're physically present, allowing in-person meetings to be replaced by a headset-based digital experience.One upshot of this vision of the future could be a reduction in travel for business or pleasure, which could help ameliorate the effects of climate change, Zuckerberg ."Obviously, there are going to keep on being cars and planes and all that. But the more that we can teleport around, not only...WW…

Key PointsThe Arizona House of Representatives voted 31-29 on Wednesday to pass a bill that will require app stores to allow app makers to use their own payment processing software, avoiding fees charged by and .The vote is a setback for Apple, which opposed it, and a victory for the Coalition for App Fairness, a group representing app makers upset with the app stores, which backed the bill.The legislation still has a lot of challenges to overcome before it becomes state law. First, the Arizona Senate has to discuss and pass the legislation. Then, Arizona Gov. Doug Ducey would have a choice...…Key PointsThe Arizona House of Representatives voted 31-29 on Wednesday to pass a bill that will require app stores to allow app makers to use their own payment processing software, avoiding fees charged by and .The vote is a setback for Apple, which opposed it, and a victory for the Coalition for App Fairness, a group representing app makers upset with the app stores, which backed the bill.The legislation still has a lot of challenges to overcome before it becomes state law. First, the Arizona Senate has to discuss and pass the legislation. Then, Arizona Gov. Doug Ducey would have a choice...WW…

Key PointsEvery time someone accesses the internet through their smartphone, their wireless carrier transmits that data through the airwaves on frequencies that only it has the license to use.In the coming weeks, licenses to use some of of the most valuable frequencies will be assigned to the highest bidder. Whoever wins will almost certainly use them to build out a faster, more powerful 5G network, changing the competitive dynamics of the telecom industry.5 hours agoEarlier this month, the Federal Communications Commission announced that bidders have bid $80.9 billion on 280 megahertz of...…Key PointsEvery time someone accesses the internet through their smartphone, their wireless carrier transmits that data through the airwaves on frequencies that only it has the license to use.In the coming weeks, licenses to use some of of the most valuable frequencies will be assigned to the highest bidder. Whoever wins will almost certainly use them to build out a faster, more powerful 5G network, changing the competitive dynamics of the telecom industry.5 hours agoEarlier this month, the Federal Communications Commission announced that bidders have bid $80.9 billion on 280 megahertz of...WW…

Key PointsIn this articleApple beats big behind phone and services revenue — 5 experts on where the stock is headedApple on Wednesday. Even during a global pandemic, every single product line was up, leading to the company's first quarter with over $100 billion in sales.But Apple is still best known for the iPhone, which accounted for nearly 59% of the company's revenue during the holiday quarter. The iPhone is booming, too: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter. That's a big improvement from last year's holiday quarter, when sales were up only...…Key PointsIn this articleApple beats big behind phone and services revenue — 5 experts on where the stock is headedApple on Wednesday. Even during a global pandemic, every single product line was up, leading to the company's first quarter with over $100 billion in sales.But Apple is still best known for the iPhone, which accounted for nearly 59% of the company's revenue during the holiday quarter. The iPhone is booming, too: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter. That's a big improvement from last year's holiday quarter, when sales were up only...WW…

Key PointsOn Thursday, financial wires published details of minutes ahead of the markets closing at 4 p.m., when they are usually released.The results showed Intel beating expectations for both revenue and earnings per share. The stock shot up 3% in the 15 minutes before the markets closed. Intel subsequently gave up most of Thursday's gains in extended trading.CNBC reviewed an infographic with year-end stats — not a full earnings release — ahead of markets closing on Thursday. Intel ended up publishing its full fourth-quarter results minutes before they were scheduled to be released.Intel...…Key PointsOn Thursday, financial wires published details of minutes ahead of the markets closing at 4 p.m., when they are usually released.The results showed Intel beating expectations for both revenue and earnings per share. The stock shot up 3% in the 15 minutes before the markets closed. Intel subsequently gave up most of Thursday's gains in extended trading.CNBC reviewed an infographic with year-end stats — not a full earnings release — ahead of markets closing on Thursday. Intel ended up publishing its full fourth-quarter results minutes before they were scheduled to be released.Intel...WW…

Key PointsApple's board of directors regularly discusses antitrust risks, the company said on Tuesday .The language, which is new in this year's proxy statement, highlights how regulatory pressure and antitrust issues have become a significant risk for Apple as policymakers increasingly scrutinize big technology companies. doesn't have the same antitrust issues that rival companies such as Facebook and Google have, but Apple CEO Tim Cook testified alongside their CEOs in front of Congress last summer about antitrust topics. Cook later said he wanted to "" Apple from the investigation.The...…Key PointsApple's board of directors regularly discusses antitrust risks, the company said on Tuesday .The language, which is new in this year's proxy statement, highlights how regulatory pressure and antitrust issues have become a significant risk for Apple as policymakers increasingly scrutinize big technology companies. doesn't have the same antitrust issues that rival companies such as Facebook and Google have, but Apple CEO Tim Cook testified alongside their CEOs in front of Congress last summer about antitrust topics. Cook later said he wanted to "" Apple from the investigation.The...WW…

Key PointsA grand jury in Santa Clara, California, issued an indictment on Monday accusing Apple's chief security officer, Thomas Moyer, of offering bribes to secure concealed carry permits for employees.Moyer allegedly promised to donate 200 iPads worth $70,000 to the Sheriff's Office in exchange for four concealed weapons (CCW) permits "withheld from Apple employees," according to Jeff Rosen."Tom Moyer is innocent of the charges filed against him. He did nothing wrong and has acted with the highest integrity throughout his career. We have no doubt he will be acquitted at trial," Moyer's...…Key PointsA grand jury in Santa Clara, California, issued an indictment on Monday accusing Apple's chief security officer, Thomas Moyer, of offering bribes to secure concealed carry permits for employees.Moyer allegedly promised to donate 200 iPads worth $70,000 to the Sheriff's Office in exchange for four concealed weapons (CCW) permits "withheld from Apple employees," according to Jeff Rosen."Tom Moyer is innocent of the charges filed against him. He did nothing wrong and has acted with the highest integrity throughout his career. We have no doubt he will be acquitted at trial," Moyer's...WW…

Key Points said Wednesday it will cut its App Store commission rate to 15% for software developers with less than $1 million in annual net sales on its platform.Apple currently takes a 30% commission from the total price of paid apps and in-app purchases from the App Store. For some small app makers, the new policy could cut the amount that they pay Apple in half.Apple says the App Store Small Business Program will begin Jan. 1 and that developers who qualify will receive reduced App Store fees for paid app and in-app purchases. New developers who haven't published on the App Store before...…Key Points said Wednesday it will cut its App Store commission rate to 15% for software developers with less than $1 million in annual net sales on its platform.Apple currently takes a 30% commission from the total price of paid apps and in-app purchases from the App Store. For some small app makers, the new policy could cut the amount that they pay Apple in half.Apple says the App Store Small Business Program will begin Jan. 1 and that developers who qualify will receive reduced App Store fees for paid app and in-app purchases. New developers who haven't published on the App Store before...WW…

Key Points announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona.Intel stock rose as much as 5% on the news in extended trading on Tuesday.The announcement, coinciding with new CEO Pat Gelsinger's first public remarks since taking over the job, signals that Intel will continue to focus on manufacturing during industry shifts that have led competitors to increasingly separate chip design and chip fabrication.The news comes during a global chip shortage that is snarling industries from automobiles to electronics and worries the...…Key Points announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona.Intel stock rose as much as 5% on the news in extended trading on Tuesday.The announcement, coinciding with new CEO Pat Gelsinger's first public remarks since taking over the job, signals that Intel will continue to focus on manufacturing during industry shifts that have led competitors to increasingly separate chip design and chip fabrication.The news comes during a global chip shortage that is snarling industries from automobiles to electronics and worries the...WW…