Big Tech

Facebook wrote, in a blog post towards its developer community, the changes being implemented in iOS 14 that the company "ability to deliver targeted ads on iOS 14 will be limited.".

According to Facebook, the update will probably mean that app developers will receive less advertising revenue due to the fact "some iOS 14 users may not see any ads from Audience Network, while others may still see ads from us, but they'll be less relevant."

The beta version of iOS 14 was released earlier this week, implementing a set of anti-tracking measures that limit the ability of advertisers to track a particular user and deliver highly tailored advertising.

Telegram, the messaging app, filed a formal antitrust complaint to the EU over Apple’s App Store. The company joins Spotify and Rakuten in complaining the app store represents a monopoly power, given that developers have to accept Apple’s terms, including a 30 per cent commission on in-app purchases.

In its complaint, Telegram took issue with Apple’s argument that the App Store commission keeps it running. Pavel Durov, Telegram founder, stated "Every quarter, Apple receives billions of dollars from third-party apps. Meanwhile, the expenses required to host and review these apps are in the tens of millions, not billions of dollars. We know that because we at Telegram host and review more public content than the App Store ever will".

Apple announced revenue of $59.7 billion and a net quarterly profit of $11.25 billion for the third fiscal quarter of 2020, which corresponds to the second calendar quarter of the year.

The company reported growth across all of its product lines for Q3, from the iPhone, which has seen slowed growth in recent years, to its booming wearables and services businesses. The iPhone revenue of $26.4 billion for the quarter, an increase from the year-ago quarter.

The Wall Street Journal has reported that Google plans to keep its 200,000+ employees working remotely until at least July 2021. Google would be the first technology company to extend the Covid-19 remote work measures into the next year.

The non-profit Tech Inquiry has discovered alleged ties between technology companies such as Google, Amazon and Microsoft with the United States law enforcement agencies such as the FBI, Department of Defense, Drug Enforcement Agency, Federal Bureau of Prisons and Immigration and Customs Enforcement. Tech inquiry has analyzed over 30 million governmental contracts from the past five years and sub-contracts below them. They discovered that Google and Amazon several hundreds of subcontracts with United States law enforcement agencies while Microsoft several thousand.