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Apple is looking down on ads but takes billions from Google

What if everyone is wrong about Apple Inc.’s most closely watched growth business? Investors have been obsessed with what Apple calls its “services” segment — a grab bag that includes the company’s cut of iPhone app sales; the AppleCare warranty program for devices; and subscriptions for internet add-ons including Apple Music, iCloud digital file storage and perhaps soon a Netflix-like ...

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India strikes uncomfortable balance on biometrics

India’s extraordinary attempt to give every resident a biometric ID, the Aadhaar project, has just been declared constitutional — in part — by the country’s Supreme Court. It was hard to imagine any other outcome; too much time and money had been spent on Aadhaar, and too many of India’s poorest people had waited patiently in line for their chance ...

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US stocks, dollar rise on data; Italian bonds gain

Bloomberg US stocks rose towards records and the dollar gained after upbeat private jobs data bolstered confidence in the world’s largest economy. European assets firmed on news the Italian government may rein in spending. The S&P 500 Index headed for a record close as technology and financial shares advanced. Italian debt jumped after four days of selling and the Stoxx ...

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