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TikTok charges $2m a day for top advertising spots

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Bloomberg TikTok is selling its most valuable real estate for $2 million. The short-form video app is asking for more than $1.4 million for a takeover of its home page in the US during the third quarter, according to a document obtained by Bloomberg News. That figure will jump to more than $1.8 million in the fourth quarter — and ...

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Tech giants facing demands to downsize in new antitrust bills

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Bloomberg Amazon.com Inc, Apple Inc and other US technology giants would have to sell or exit key businesses under sweeping antitrust legislation proposed by House lawmakers. The proposal is among a series of bills by House Democrats and Republicans that would place significant new constraints on how tech platforms run their businesses and give antitrust enforcers more legal authority to ...

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Lamborghini almost sold out of production for 2021

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Bloomberg Lamborghini said it’s almost sold out for the year as an easing pandemic unleashes a free-spending attitude among consumers confined to their homes for months. The Italian supercar brand is set for “strong growth” in 2021 and has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann said in an interview at the Milano Monza ...

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