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Apple Will Make Executive Available to Testify at Senate App Store Hearing

By
Josh Sisco
· · Source: Bloomberg

Apple said in a letter Sunday to US Senators Amy Klobuchar and Mike Lee that its Chief Compliance Officer Kyle Andeer will testify at a hearing later this month on competition issues involving mobile app stores, according to Bloomberg. Apple’s move follows criticism from Klobuchar and Lee on Friday, over the company’s refusal to make an executive available to testify at the April 21 hearing...

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Musk Puts $20 Billion Value on Twitter
By Erin Woo and Martin Peers · March 25, 2023 4:45 PM PDT
Elon Musk. Photo by Bloomberg.
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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