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How Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?

2021-08-16

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Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific

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of&nbsp;<b>Apple Inc</b>&nbsp;(NASDAQ: AAPL) and&nbsp;<b>Alphabet Inc</b>&nbsp;(NASDAQ: GOOG) (NASDAQ: GOOGL) Google.</li>\n <li>The&nbsp;Open App Markets Act&nbsp;threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported</li>\n <li><b>Spotify Technology SA</b>&nbsp;(NYSE: SPOT), Tile Inc, and&nbsp;<b>Match Group Inc</b>&nbsp;(NASDAQ: MTCH) had&nbsp;previously alleged&nbsp;that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games&nbsp;too leveled similar&nbsp;allegations and is seeking its payment system for in-app purchases in its games.</li>\n <li>The bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.</li>\n <li>App makers like&nbsp;<b>Amazon.com Inc</b>&nbsp;(NASDAQ: AMZN),&nbsp;<b>Netflix Inc</b>&nbsp;(NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.</li>\n <li>Bloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.</li>\n <li><b>Microsoft Corp</b>&nbsp;(NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-17 11:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1e06ed07d3863d7cffd4df0ba07f1776\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<ul>\n <li>Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating system dominance of&nbsp;<b>Apple Inc</b>&nbsp;(NASDAQ: AAPL) and&nbsp;<b>Alphabet Inc</b>&nbsp;(NASDAQ: GOOG) (NASDAQ: GOOGL) Google.</li>\n <li>The&nbsp;Open App Markets Act&nbsp;threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported</li>\n <li><b>Spotify Technology SA</b>&nbsp;(NYSE: SPOT), Tile Inc, and&nbsp;<b>Match Group Inc</b>&nbsp;(NASDAQ: MTCH) had&nbsp;previously alleged&nbsp;that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games&nbsp;too leveled similar&nbsp;allegations and is seeking its payment system for in-app purchases in its games.</li>\n <li>The bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.</li>\n <li>App makers like&nbsp;<b>Amazon.com Inc</b>&nbsp;(NASDAQ: AMZN),&nbsp;<b>Netflix Inc</b>&nbsp;(NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.</li>\n <li>Bloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.</li>\n <li><b>Microsoft Corp</b>&nbsp;(NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AMZN":"亚马逊","NFLX":"奈飞","GOOG":"谷歌","AAPL":"苹果","NGD":"New Gold","GOOGL":"谷歌A","SPOT":"Spotify Technology S.A."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160854275","content_text":"Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating system dominance of Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google.\nThe Open App Markets Act threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported\nSpotify Technology SA (NYSE: SPOT), Tile Inc, and Match Group Inc (NASDAQ: MTCH) had previously alleged that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games too leveled similar allegations and is seeking its payment system for in-app purchases in its games.\nThe bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.\nApp makers like Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.\nBloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.\nMicrosoft Corp (NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839990774,"gmtCreate":1629113493998,"gmtModify":1676529934074,"author":{"id":"4091259179210990","authorId":"4091259179210990","name":"TeoKK","avatar":"https://static.tigerbbs.com/63bac5d6abcede7dc2a16f446d5fe6fd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839990774","repostId":"1172009872","repostType":4,"repost":{"id":"1172009872","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629107275,"share":"https://www.laohu8.com/m/news/1172009872?lang=&edition=full","pubTime":"2021-08-16 17:47","market":"us","language":"en","title":"Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific","url":"https://stock-news.laohu8.com/highlight/detail?id=1172009872","media":"Benzinga","summary":"Alphabet and Facebook on Sunday announced their participation in a new subsea cable system scheduled","content":"<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.</p>\n<p><b>What Happened:</b>&nbsp;Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.</p>\n<p>The project, which is awaiting approvals,&nbsp;<b>will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore</b>&nbsp;when complete — countries&nbsp;where demand for broadband and the 5G wireless connectivity is growing.</p>\n<p>The infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.</p>\n<p>Facebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.</p>\n<p><b>Why It Matters:</b>&nbsp;The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.</p>\n<p>“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.</p>\n<p><b>Price Action:</b>&nbsp;Facebook shares closed 0.15% higher at $363.18 on Friday.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-16 17:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.</p>\n<p><b>What Happened:</b>&nbsp;Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.</p>\n<p>The project, which is awaiting approvals,&nbsp;<b>will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore</b>&nbsp;when complete — countries&nbsp;where demand for broadband and the 5G wireless connectivity is growing.</p>\n<p>The infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.</p>\n<p>Facebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.</p>\n<p><b>Why It Matters:</b>&nbsp;The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.</p>\n<p>“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.</p>\n<p><b>Price Action:</b>&nbsp;Facebook shares closed 0.15% higher at $363.18 on Friday.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172009872","content_text":"Alphabet and Facebook on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.\nWhat Happened: Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.\nThe project, which is awaiting approvals, will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore when complete — countries where demand for broadband and the 5G wireless connectivity is growing.\nThe infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.\nFacebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.\nWhy It Matters: The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.\n“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.\nPrice Action: Facebook shares closed 0.15% higher at $363.18 on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":836730529,"gmtCreate":1629521110161,"gmtModify":1676530065124,"author":{"id":"4091259179210990","authorId":"4091259179210990","name":"TeoKK","avatar":"https://static.tigerbbs.com/63bac5d6abcede7dc2a16f446d5fe6fd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836730529","repostId":"2161745179","repostType":4,"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836013368,"gmtCreate":1629436592754,"gmtModify":1676530041029,"author":{"id":"4091259179210990","authorId":"4091259179210990","name":"TeoKK","avatar":"https://static.tigerbbs.com/63bac5d6abcede7dc2a16f446d5fe6fd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836013368","repostId":"1137437185","repostType":4,"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839990774,"gmtCreate":1629113493998,"gmtModify":1676529934074,"author":{"id":"4091259179210990","authorId":"4091259179210990","name":"TeoKK","avatar":"https://static.tigerbbs.com/63bac5d6abcede7dc2a16f446d5fe6fd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839990774","repostId":"1172009872","repostType":4,"repost":{"id":"1172009872","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629107275,"share":"https://www.laohu8.com/m/news/1172009872?lang=&edition=full","pubTime":"2021-08-16 17:47","market":"us","language":"en","title":"Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific","url":"https://stock-news.laohu8.com/highlight/detail?id=1172009872","media":"Benzinga","summary":"Alphabet and Facebook on Sunday announced their participation in a new subsea cable system scheduled","content":"<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.</p>\n<p><b>What Happened:</b>&nbsp;Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.</p>\n<p>The project, which is awaiting approvals,&nbsp;<b>will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore</b>&nbsp;when complete — countries&nbsp;where demand for broadband and the 5G wireless connectivity is growing.</p>\n<p>The infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.</p>\n<p>Facebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.</p>\n<p><b>Why It Matters:</b>&nbsp;The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.</p>\n<p>“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.</p>\n<p><b>Price Action:</b>&nbsp;Facebook shares closed 0.15% higher at $363.18 on Friday.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-16 17:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.</p>\n<p><b>What Happened:</b>&nbsp;Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.</p>\n<p>The project, which is awaiting approvals,&nbsp;<b>will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore</b>&nbsp;when complete — countries&nbsp;where demand for broadband and the 5G wireless connectivity is growing.</p>\n<p>The infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.</p>\n<p>Facebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.</p>\n<p><b>Why It Matters:</b>&nbsp;The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.</p>\n<p>“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.</p>\n<p><b>Price Action:</b>&nbsp;Facebook shares closed 0.15% higher at $363.18 on Friday.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172009872","content_text":"Alphabet and Facebook on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout.\nWhat Happened: Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the companies said.\nThe project, which is awaiting approvals, will link Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore when complete — countries where demand for broadband and the 5G wireless connectivity is growing.\nThe infrastructure project will help serve growing demand for broadband access and 5G wireless connectivity, the companies said.\nFacebook in March this year said it isfunding two new transpacific subsea cableslinking Singapore to the western coast of the U.S., with Google also participating in one of the projects.\nWhy It Matters: The two tech giants have been investing in building internet infrastructure across the world. Just last year, Google announced a $10 billion spending plan to help India’s digitization push over the next five to seven years.\n“Network investments like these have had a measurable impact on regional economic activity,” Google said in a statement, adding that network investments in Google’s APAC region between 2010 and 2019 led to an extra $430 billion in aggregate GDP and 1.1 million additional jobs for the region.\nPrice Action: Facebook shares closed 0.15% higher at $363.18 on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839428772,"gmtCreate":1629175614196,"gmtModify":1676529954353,"author":{"id":"4091259179210990","authorId":"4091259179210990","name":"TeoKK","avatar":"https://static.tigerbbs.com/63bac5d6abcede7dc2a16f446d5fe6fd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good.","listText":"Good.","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839428772","repostId":"2160854275","repostType":4,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}