Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Apple Inc.
  6. News
  7. Summary
    AAPL   US0378331005


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Apple, Amazon Move to Marginalize Parler -- 3rd Update

01/10/2021 | 12:01am EST

By Keach Hagey and Tim Higgins

Apple Inc. and Amazon.com Inc. halted support for Parler, dealing a major blow to a social-media service that has soared in popularity among conservatives and escalating a campaign by tech giants to regulate content they see as dangerous in the wake of the mob attack on the U.S. Capitol.

Amazon said Saturday it would no longer provide cloud-computing services to Parler, and Apple suspended the company's app from the App Store. Both companies said Parler hasn't demonstrated in recent conversations that it can adequately address threats of violence on the platform.

"We have always supported diverse points of view being represented on the App Store, but there is no place on our platform for threats of violence and illegal activity," Apple said in a statement. "Parler has not taken adequate measures to address the proliferation of these threats to people's safety."

The announcements from Amazon and Apple come a day after Alphabet Inc.'s Google suspended Parler from its Play Store app marketplace, citing violations of requirements for sufficient moderation of content for apps it distributes. The move from Google didn't affect Parler's availability on the internet or in other Android app stores, Google said.

Interest in Parler has risen since November as larger social-network operators such as Facebook Inc. and Twitter Inc. have become more aggressive in policing content. On Friday, Twitter banned President Trump's personal account, sparking criticism from conservatives online who felt the effort was biased against them.

Parler has positioned itself as an alternative to larger platforms. Its rules don't prohibit hate speech and false information while banning spam, threats of violence and other illegal activity.

Parler executives told The Wall Street Journal it has been working to bolster its content-moderation efforts and sharing such information with large tech companies concerned about its practices.

In the past few days, Parler doubled its team of volunteer moderators -- called "jurors" -- to more than a thousand and instructed them to search "hot" hashtags for incitement, a more proactive approach than what was used previously, said Jeffrey Wernick, Parler's operating chief. The company had also instructed its jurors to hunt down any content suggesting violence within the comment sections of its more highly trafficked sections, and planned to hire employees to bolster these efforts, according to Amy Peikoff, chief policy officer of Parler.

However, Parler executives said, the tech companies said those efforts haven't gone far enough. Apple told the company it found its response insufficient, according to the latest app notice, saying that Parler had to demonstrate the "ability to effectively moderate and filter the dangerous and harmful content" on the service.

"This was a coordinated attack by the tech giants to kill competition in the market place," Chief Executive John Matze said in a Saturday post on Parler. "We were too successful too fast. You can expect the war on competition and free speech to continue, but don't count us out."

While curbs on Parler implemented by Google and Apple would affect app usage, Amazon's announcement has far greater import, effectively taking Parler's website offline and no longer storing Parler's data. In Apple's case, the App Store is the only means to download mobile apps on Apple devices and Parler's removal means the app can't be downloaded on devices where it isn't already present or updated on devices where it is.

Amazon, the world's largest cloud-computing company, notified Parler on Saturday that it would suspend the company's account, citing a violation of its terms of service. Amazon said in a letter to Parler it had seen a steady increase in violent content on the site and said Parler's efforts to remove them were inadequate. The notice to Parler was earlier reported by BuzzFeed.

Amazon said it planned to suspend Parler's account on Sunday at 11:59 p.m. Pacific time, though it would preserve the company's data and aid in the migration of data to different servers.

The latest decisions come as big tech companies are under scrutiny in Washington for the power they hold over their digital worlds. Apple, Google and Amazon have been accused by some lawmakers of anticompetitive behavior in how they operate. Apple, Amazon and Google have denied such claims.

Parler experienced a huge surge of interest on Friday, the day Apple and Google made moves to limit its reach, driving it to the top spot on Apple's App Store. Mr. Wernick said this surge in traffic overloaded the company's servers and made it impossible for them to respond to alerts about problematic content fast enough.

"They picked a time yesterday when we had a huge spurt and gave us no time to adequately respond to this," said Mr. Wernick. "At this point, it seems like bad faith to me."

--Aaron Tilley contributed to this article.

Write to Keach Hagey at keach.hagey@wsj.com and Tim Higgins at Tim.Higgins@WSJ.com

(END) Dow Jones Newswires

01-10-21 0000ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -0.60% 2821.03 Delayed Quote.60.96%
AMAZON.COM, INC. -1.81% 3443.72 Delayed Quote.5.74%
APPLE INC. -0.32% 164.77 Delayed Quote.24.18%
FACEBOOK INC -4.27% 310.6 Delayed Quote.13.71%
WISDOMTREE CLOUD COMPUTING UCITS ETF - ACC - USD -0.92% 54.645 Delayed Quote.2.68%
All news about APPLE INC.
04:12pSOCIAL BUZZ : Apple, Tesla, Alibaba Reign on Wallstreetbets; Moderna, Salesforce, ContextL..
12:26pWall Street bounces back from Omicron, inflation jitters
06:22aSOCIAL BUZZ : Wallstreetbets Stocks Trend Higher Ahead of Wednesday's Opening Bell
03:11a15 YEARS FIGHTING AIDS WITH (RED) : Apple helps raise nearly $270 million
03:11aAPPLE : Community caregivers spread hope in Ghana, with support from Apple
11/30Tech Slips As Traders Seek Out Less Pandemic-Sensitive Sectors - Tech Roundup
11/30Cyber Monday Spending in 2021 Declines to Miss Expectation as Promos Trend Lower From 2..
11/30Dow, S&P 500 slip as Omicron worries grow after vaccine warning
11/30TRACKINSIGHT : Metaverse ETF Universe expands with double Canadian launch
11/30APPLE : Podcasts presents the Best of 2021
More news
Analyst Recommendations on APPLE INC.
More recommendations
Financials (USD)
Sales 2022 379 B - -
Net income 2022 92 562 M - -
Net cash 2022 81 081 M - -
P/E ratio 2022 28,9x
Yield 2022 0,56%
Capitalization 2 712 B 2 712 B -
EV / Sales 2022 6,94x
EV / Sales 2023 6,61x
Nbr of Employees 154 000
Free-Float 99,9%
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 44
Last Close Price 164,77 $
Average target price 167,27 $
Spread / Average Target 1,52%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
APPLE INC.24.18%2 711 977
DORO AB (PUBL)45.61%180