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FAANG Report: Apple store evacuated in Amsterdam after iPad explodes; Amazon stops selling Kindle

A roundup of news from the five most popular tech stocks

Man using Apple iPad
Three Apple employees were injured when an iPad battery caught fire

Three Apple (NASDAQ:AAPL) employees were injured in a store in Amsterdam after an iPad battery exploded on Sunday, prompting its evacuation, the BBC reported. Firefighters had to be called and they made sure the shop was properly aired. The store has now reopened. Apple has also yanked more than 25,000 apps from its App Store in China that fell foul of Chinese regulations, according to a report by Verge. Some 4,000 of the apps were tagged as "gambling" by state media.

Shares of Apple were off 0.7% to US$216.04.

READ: Apple crushes estimates in its fiscal third quarter, reporting a boost in services revenue

Amazon.com Inc's (NASDAQ:AMZN) Kindle Voyage has apparently been dropped from its Kindle Family lineup, CNET reported.  The site now lists just three models: the Kindle E-Reader, Kindle Paperwhite and Kindle OassisGoodreads. Kindle Voyage seems to have vanished in July, the report said.

Amazon stock was 0.4% off at US$1,874.17.

Facebook (NASDAQ:FB) was accused by the US Housing and Urban Development (HUD) Secretary Ben Carson of engaging in housing discrimination in a complaint filed late last week, NPR said in a report. HUD said Facebook allows landlords and home sellers access to advertising tools that limit which prospective buyers or tenants can view certain online ads based on race, religion, sex, disability and other characteristics.

Stocks in Facebook were down 1.1% to US$171.87. 

READ: Stifel gives Facebook shares a Like, adding the social network to its ‘Select List’

Netflix (NASDAQ:NFLX) is running promotional videos that remind viewers not to miss a different show on the streaming service which consumers believe are commercials, according to a report by The New York Times. Netflix users complained they could neither skip nor mute the videos. Netflix insisted the video promos are actually "personalized recommentations" for titles the company believes a member may enjoy watching.

Shares of Netflix climbed 1.5% to US$321.64.

Alphabet's (NASDAQ:GOOG) Google Home is starting to make inroads in the share of market leader Amazon Echo in the booming home speaker market, a report by The Street said. Strategy Analytics said Amazon's global market share of voice-activated home speakers fell to 41% in the last quarter from 76% in the year-ago quarter. Google Home grew 420% year-over-year, accounting for 28% of total market share last quarter, the report said.

Alphabet's shares slipped 0.24% to US$1,198.05.

Quick facts: Apple Inc.

Price: 273.36 USD

Market: NASDAQ
Market Cap: $1.2 trillion

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