Apple has tried and failed to have a lawsuit in the UK dismissed, one that's valued at nearly $1 billion, brought against the company by 1,500 UK-based developers. A UK court ruled earlier today that the suit can be brought, and will thus proceed to trial - although this step will most likely only take place next year. The suit alleges that Apple charged the developers in question unfair commission fees of up to 30% on purchases of apps and other content. The plaintiffs say Apple is abusing...
Communications services companies rose as traders hedged their bets ahead of Netflix earnings. Shares of the streaming giant fell about 1% ahead of its
Russia, Russia, Russia!: Watch As Democrats Go Full Russia-Tard During Hearing Over China's "Political Warfare" While China has spent decades conducting deep espionage throughout US institutions - mostly in the form of plucky PhD candidates handling sensitive projects at American universities, and places like Los Alamos National Laboratory, Congressional Democrats simply can't shake their fixation with Russia. Point in case, during a Wednesday House Oversight hearing on defending...
Two Dutch claim organisations are starting a legal case against Apple for deliberately slowing the operating systems for the iPhone 6, 7 and first generation SE iPhones. The models were released between 2016 and 2018 and ConsumentenClaim says, Apple provided users with software updates that reduced performance and concealed an underlying battery defect. “This means the iPhones were slower and did not work as they should. And Apple users were not told,” the foundation said, which is working with...
Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. While streaming competitors like Disney+, Hulu, Max (owned by CNN’s parent company Warner Bros. Discovery) and Peacock work to draw...
Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling.
Find out how to log out of Netflix on smart TVs, mobile devices, tablets, and browser in order to protect your account and preferences.
The Justice Department is preparing to file a federal antitrust lawsuit against Live Nation, the parent company of Ticketmaster, according to multiple reports. The Wall Street Journal first reported Monday that the Justice Department will be filing an antitrust lawsuit against Live Nation in the coming weeks, citing people familiar with the matter. Live Nation
Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negotiating power in its field, The Wall Street Journal (WSJ) reported Monday (April 15). The suit will allege that Live Nation, which is the parent company […]
A law firm has filed a class action suit against Rivian, claiming the automaker didn't disclose important information to investors
Last month, the Department of Justice filed its long-awaited antitrust suit against Apple, accusing the company of monopolizing the smartphone market. This makes Apple the last of the U.S.-based tech giants to face a major monopolization lawsuit from a federal agency. (Google also faces one from the Justice Department; Facebook and Amazon have been sued by the Federal Trade Commission.) These suits make claims under Section 2 of the Sherman Act, an 1890 statute that makes it unlawful to obtain...
Apple has removed Meta-owned apps WhatsApp and Threads from the China App Store after government officials claimed national security concerns. China dictates what it allows on its country's internet and App Store The App Store culling continues in China after 30,000 games, then an additional 94,000 games, 44,000 apps, then 100 ChatGPT-like apps were removed over the past four years. The government in China is the driving force behind these app removals, but a more significant App Store...