|Bid||261.95 x 0|
|Ask||262.35 x 0|
|Day's Range||260.95 - 262.45|
|52 Week Range||155.92 - 266.80|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||25.99|
|Earnings Date||Apr 28, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Oakmark Funds, an investment management firm, published its “Oakmark Equity and Income Fund” first quarter 2021 investor letter – a copy of which can be seen here. A return of 10.3% was reported by the fund for the Q1 of 2021, outperforming its Lipper Balanced Fund benchmark that delivered a 5.4% return for the same […]
Facebook is experimenting with a video speed-dating app in the hope it can lure a generation of TikTok fans who have grown tired of scrolling through static images while looking for love. The app, named Sparked, requires a Facebook account to log in. It is the creation of Facebook’s New Product Experimentation team, a secretive department focused on testing out apps for Android and Apple that can stand alone from its core Facebook products: WhatsApp, Facebook and Instagram. In an apparent dig at Tinder, one of the most popular dating apps among young people, Sparked says it will not offer public profiles, the ability to swipe through pictures of possible courtiers nor send “endless DMs”, or direct messages. Instead, the app will allow people to quickly enter video chats with other users before picking on someone they might like to date. The focus is on meeting “with kind people”, its website claimed. It is not clear when - or if - the app will officially launch, as it is not currently taking signups. Facebook launched a separate dating service in the UK at the height of the pandemic. Facebook dating allows its existing users to “match” with courtiers and go on virtual dates using Facebook’s video call tool. Those looking for love can build a dating profile using the information Facebook already has stored. A secret crush might be revealed to an admirer if both users have each other on their list. Using the opt-in feature, which can be found in the Facebook app, potential dates can see whether they have mutual friends and common interests. The switch to video only apps has attracted investor attention in Silicon Valley. Dating websites have long experimented with video but investors now believe that the latest technology and public mood is ready for moving image. Video dating app Snack secured $3.5m in funding this year. Its founder Kim Kaplan, who helped build incumbent dating website Plenty Of Fish, described Snack as:“Tinder meets TikTok for Generation Z”. Snack combines the matching algorithms of dating websites and apps like Bumble and Tinder with the ability to stream live, more like Instagram or TikTok.
(Bloomberg) -- Apple Inc.’s first product unveiling of 2021 will take place on April 20, the company said on Tuesday.The Cupertino, California-based technology giant dubbed the event “Spring Loaded” in a media invitation. Apple plans to unveil a new iPad Pro line as early as this month, Bloomberg News reported recently. The company has also been working on several other products, including an accessory dubbed AirTags for tracking physical devices and new iMac desktops.Due to the Covid-19 pandemic, the event will be online and streamed via Apple’s website. This will be Apple’s fifth virtual keynote, following last year’s developer conference and separate events for the latest Apple Watch, iPhone 12 and first Macs with Apple’s own M1 processors. Apple is holding its second virtual developer conference in early June, the company said last month.Read more: Apple’s Second All-Virtual WWDC Will (Hopefully) Be Its LastThe new iPad Pros will come in the same 11-inch and 12.9 inch screen sizes as the current models, but will add processors on par with the latest Mac chips, a new MiniLED screen on the larger model, updated cameras, and potentially an upgraded connector for faster syncing of data and compatibility with additional external monitors and storage drives.The larger iPad Pro has been facing production issues due to the new screen technology and may initially be in short supply, Bloomberg News recently reported.The iPad generated $8.4 billion in revenue for Apple during the key holiday quarter of 2020, the most since 2014. Sales jumped on demand from people working and studying from home during the pandemic. As employees and students begin returning to offices and schools in coming months, Apple will be betting on the new iPad models to maintain interest in the tablet line.At the event, Apple is also likely to announce the release date of iOS 14.5, an upcoming software update that will introduce new privacy protections for ad tracking across apps and websites. The update has irked companies like Facebook Inc., which has said the changes could hurt its advertising business.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.