Tech stocks kick off the year, trying to rebound from issues that range from fake news to missed production goals. How are Facebook, Apple, Tesla, and more poised to kick off 2018?
Plus how Germany is cracking down on hate speech on social media. We talk to The Daily Dot's Philip Tracy about the country's new regulations against Facebook.
And on the latest episode of "The Long and the Short", we recap the holiday retail season and the best and worst IPOs of the year.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
