Wall Street Journal

Everybody vs. the App Store: Why Companies Are Taking Issue With Apple’s Growing Revenue Engine

A host of companies, are challenging the way Apple runs its App Store. The App Store generates at least $15 billion in annual sales for the tech giant. Critics say Apple takes too big a cut of app makers’ sales and wields monopoly power over the gateway that connects hundreds of millions of users to mobile apps. Apple disputes that characterization, saying that it collects only a portion of sales from a small percentage of the almost 2 million apps available on the App Store and that its practices are in line with competitors’ app marketplaces.

Remote Classes Need Good Internet Service

The lack of broadband internet access in West Virginia is a microcosm of a global issue. Almost half of the world’s population lacks access to the internet, but many people are unaware of the extent of the digital divide. At the Internet Society, we work with local communities in remote, underserved and indigenous areas around the world to extend internet access using low-cost wireless technologies and equipment.

US Joins Global Bid to Carve Up the Internet With TikTok Move

The Trump administration’s campaign to make Chinese-owned video-sharing app TikTok relocate to the US is the latest example of the global fracturing of the internet. Treating user data as a matter of national security is a notion that has dictated many of the policies Beijing has put in place to control the internet in its country for the past decade. China operates what is called the “Great Firewall,” limiting the services people in the country can use and the information they receive.

Pentagon Opens Door to 5G Network Shared With Civilian Cellphones

US officials are exploring concepts for a new 5G wireless network that would let Silicon Valley giants and other businesses tap valuable Pentagon airwaves, setting up a potential clash over how to deploy the next-generation technology. The Department of Defense issued a request for information that could open the door for investors to bid on contracts to build a domestic cellular network for both the military and for commercial operators.

Activist Trian Fund Management Takes Stake in Comcast

Trian Fund Management LP, a hedge fund known for pushing big companies to make operational and other changes, has launched an activist campaign against Comcast in a bet that the cable-TV and entertainment giant’s stock is undervalued. Trian has accumulated about 20 million shares in Comcast, for a roughly $900 million stake or about 0.4% of the company. Comcast’s market value is about $200 billion. Executives at Trian -- which was founded by Nelson Peltz, Ed Garden, and Peter May -- recently began conversations with Comcast management.