Facebook and Apple Go Head-to-Head

Facebook is concerned about a future iOS update that would pose a threat to its advertising business because of built-in privacy protections the software will have. Facebook relies on the collection of data to provide marketers with tools to target certain individuals. In their business, the tiniest improvement to the funnel could mean millions or even tens of millions of dollars.

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Solid Week in the Markets

The S&P 500, Dow Jones Industrial Average, and Nasdaq all had a week to remember with their largest gain in the last three months. Powering the weekly surge were new talks about a stimulus deal, analysts’ growing optimism about EPS, and the Vice President Biden’s increasing lead in the polls.

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