#Apple reports record 4B in quarterly revenue

#Apple reports record $124B in quarterly revenue

“#Apple reports record $124B in quarterly revenue” Apple said it reaped a record $124 billion in revenue in its fiscal first quarter — an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers. The iPhone maker says it turned a profit of $34.6 billion in the months…

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#Robinhood gets ‘meme stock’ lawsuit dismissed in federal court

#Robinhood gets ‘meme stock’ lawsuit dismissed in federal court

“#Robinhood gets ‘meme stock’ lawsuit dismissed in federal court” A federal judge has dismissed a lawsuit against the brokerage app Robinhood that was filed by retail traders who claimed they lost billions after they were stopped from selling so-called “meme stocks” that were artificially inflated by internet chat groups. Chief US District Judge Cecilia Altonaga…

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#Indonesia’s sinking, polluted capital is moving to new city

#Indonesia’s sinking, polluted capital is moving to new city

“#Indonesia’s sinking, polluted capital is moving to new city” JAKARTA, Indonesia — Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is leaving and moving the country’s capital to the island of Borneo. President Joko Widodo envisions the construction of a new capital as a panacea for…

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