Facebook joins $1 trillion market cap club following dismissal of FTC suit

By news@appleinsider.com (AppleInsider Staff) Facebook stock surpassed the mythical $1 trillion high-water mark for the first time on Monday after a pair of antitrust lawsuits were dismissed in federal court.Shares of the social network finished up 4% at $355.64 at the close of trading, giving the company a market cap of just over $1 trillion.Hours before trading was halted, a federal court granted Facebook’s request …

Source:: Apple Insider

      

Apple Mac, iPad shipments surge in India after online storefront opening

By news@appleinsider.com (Mike Peterson) Apple has become the fifth-largest PC brand in India about nine months after it first opened its online storefront in the country.Credit: Andrew O’Hara, AppleInsiderShipments of Apple’s Mac desktops and laptops and iPad tablets reached 208,000 units in the first quarter of 2021, according to new data from research firm Canalys (…

Source:: Apple Insider