300.80 -1.85 (-0.61%)
After hours: 7:59PM EDT
|Bid||300.70 x 800|
|Ask||300.90 x 800|
|Day's range||297.21 - 305.09|
|52-week range||178.14 - 315.88|
|Beta (5Y monthly)||1.29|
|PE ratio (TTM)||30.00|
|Earnings date||28 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||338.61|
(Bloomberg) -- Apple Inc. said its iOS 14.5 software update will roll out next week, introducing changes to ad tracking that will upend digital marketing and roil the business models of Facebook Inc. and other developers.The company made the disclosure as part of the release of new iPad Pros and other products on Tuesday. The controversial change in iOS 14.5 requires users to opt-in to tracking for personalized advertising. Developers expect to lose revenue because most consumers won’t bother to opt in. Apple has said users should decide how their data is used.Read more: Apple’s New Privacy Zeal Is a Threat to Small App DevelopersThe iOS 14.5 update also lets users unlock their iPhones with Face ID while using a mask by leveraging a worn Apple Watch as an added layer of authentication. Other updates included new voices in Siri, a refreshed Podcast app, additional emojis and enhancements to the Maps app.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Facebook said it would not notify more than half a billion users about the incident
Facebook (FB) is set to launch new audio-focused products to counter offerings from Clubhouse, Twitter, Microsoft and Slack.