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Justice Dept To Unveil Antitrust Charges Against Google Later This Month: NYT
Thursday, September 3, 2020 - 10:47pm | 494Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google may face an antitrust case brought on by the Justice Department as soon as this month, the New York Times reported Thursday. What Happened: Attorney General William Barr dismissed urgings of career lawyers who pitched for more time to...
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Facebook Says Apple Won't Let It Tell Users About The 'App Store Tax'
Friday, August 28, 2020 - 1:35am | 408Read More...Facebook Inc (NASDAQ: FB) claims its attempts to inform users that Apple Inc (NASDAQ: AAPL) would take a 30% cut from its new online events feature was thwarted by the latter, Reuters reported Thursday. What Happened: The Mark Zuckerberg-led social media platform was forced to remove a message that...
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Apple Must Restore Unreal Engine For Now, But 'Fortnite' Proves An Epic Fail With Court
Tuesday, August 25, 2020 - 2:14am | 510Read More...In a mixed ruling, Epic Games Inc. secured interim relief against Apple Inc’s (NASDAQ: AAPL) move to terminate its developer accounts that include the company’s “Unreal Engine” development platform, Bloomberg reported Tuesday. What Happened: The iPhone maker also...
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Microsoft Sides With Epic In Legal Battle Against Apple, Says Starving Unreal Engine Harms Developers, Gamers
Sunday, August 23, 2020 - 11:28pm | 389Read More...Microsoft Corporation (NASDAQ: MSFT) filed a motion Sunday in support of Epic Games Inc., as the latter fights a legal battle with Apple Inc. (NASDAQ: AAPL) over access to developer tools. What Happened: Kevin Gammill, general manager of Microsoft’s gaming developer...
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Oculus' Move To Make Facebook Accounts Mandatory For Users Of Its VR Headsets Sparks Social Media Outrage
Wednesday, August 19, 2020 - 5:00am | 447Read More...Virtual reality headset maker Oculus announced Tuesday that a user account with parent company Facebook Inc's (NASDAQ: FB) namesake social media platform would be necessary to log into its devices beginning October 2020. What Happened The Mark Zuckerberg-led company’s VR...
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Apple Says Fortnite Maker Created The Epic Problem For Itself
Tuesday, August 18, 2020 - 1:23am | 478Read More...Apple Inc. (NASDAQ: AAPL) fired a salvo at Epic Games Inc., saying, the troubles between the two companies — which led to the removal of developer privileges and apps of the game maker from the App Store — were of its own making, the Verge reported Monday. What Happened...
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Fintech Focus For August 18, 2020
Monday, August 17, 2020 - 5:54pm | 1716Read More...Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...
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Facebook Decries Apple's App Store Tax On Its Initiative To Support Small Businesses During Pandemic
Monday, August 17, 2020 - 12:21am | 480Read More...Facebook Inc (NASDAQ: FB) on Friday denounced what it called “App Store Tax” on its initiative to support small businesses through online events. What Happened Head of the Facebook App, Fidji Simo, said in a statement that the Mark Zuckerberg-led company had asked Apple...
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Amazon Faces German Probe Over Controlling Prices On Its Platform Amid Pandemic
Sunday, August 16, 2020 - 10:55pm | 334Read More...Amazon.com, Inc (NASDAQ: AMZN) is under investigation from German antitrust authorities, after the company blocked some sellers from its platform for allegedly setting high prices during the COVID-19 pandemic, according to local media reports Sunday. What Happened Third-party sellers allege that...
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Apple Offered Amazon Steep Discounts On App Store Fee To Lure Its Video Streaming App
Wednesday, July 29, 2020 - 11:50pm | 589Read More...Apple Inc. (NASDAQ: AAPL) offered fellow technology giant Amazon.com, Inc (NASDAQ: AMZN) a 50% lower cut on the subscription revenues from the latter's streaming video-on-demand app over what it charges other third-party developers. What Happened A correspondence between...
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Facebook, Amazon, Apple, Google CEOs To Testify Before House Antitrust Subcommittee Wednesday
Monday, July 27, 2020 - 1:11am | 438Read More...The chief executive officers of four of the largest technology companies in the United States will testify before the House Judiciary Committee on Wednesday as part of the legislators' ongoing antiturst probe, Politico reported. What Happened Apple Inc.'s (NASDAQ: AAPL) Tim...
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Amazon Used Privileged Information From Venture Fund Portfolio Companies To Launch Rival Products: WSJ
Friday, July 24, 2020 - 3:37am | 499Read More...Amazon.com, Inc. (NASDAQ: AMZN) used privileged information gained during venture fund meetings with startups to launch its own competing products, more than two dozen entrepreneurs, investors, and deal advisors have accused, the Wall Street Journal reported Thursday. What Happened...
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Commentary: Walking The Tightrope Of Antitrust Immunity
Wednesday, March 11, 2020 - 10:42am | 1450Read More...There is nothing quite like it in the world. The type of antitrust immunity granted to international containership lines is certainly not covered in business schools except in those savvy enough to offer courses in transportation operations and management. The European Commission (EC), through its...
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New York AG Confirms Antitrust Investigation Into Facebook, Google Is Reportedly Next
Friday, September 6, 2019 - 10:23am | 483Read More...New York State Attorney General Letitia James said Friday that her office is commencing a multistate antitrust investigation into Facebook, Inc. (NASDAQ: FB), and saida similar announcement relating to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) could come Monday. What Happened A bipartisan...
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Wedbush: Antitrust Interest In Tech Companies Mostly Noise, Breakups Unlikely
Wednesday, July 24, 2019 - 11:44am | 493Read More...Tech giants in the FAANG group should weather Justice Department antitrust scrutiny over the long term, Wedbush said Wednesday after a report of a broadening probe. What Happened The Wall Street Journal first reported the Justice Department will investigate tech antitrust questions, likely...















