Business Archive

There’s a note from a UBS analyst outlining that the firm is a “skeptic” because coming up with new funds to invest would mean increasing Apple’s balance sheet leverage or reducing the cadence of stock buybacks. Otherwise, despite accounting for “some new, incremental spending domestically,” the report finds that based on analysts’s existing projections, “Apple’s announced figure is in line with what one might expect the company to be spending anyway, given its financials.”

Ruben Schreurs, the CEO of an ad consulting firm, Ebiquity, is quoted saying the reason brands are choosing the route of spending a minimum viable amount on X is “Not because they want to advertise there and run their ads adjacent to the content on X, but because they are afraid of legal and political ramifications of not doing so.”

Now, the organization’s leaders say they’re still focused on that, as well as investing in privacy-respecting advertising and increasing the reach of their online fundraising campaigns.

WSJ’s anonymous sources say Intel interim executive chairman Frank Yeary is leading talks with possible buyers and the Trump administration, but is saying his focus is “maximizing value for Intel shareholders.”