Antitrust

Medical device maker AliveCor Inc. has filed a federal antitrust lawsuit against Apple Inc. (NASDAQ: AAPL), accusing the tech giant of monopolizing the market for heart-rate technology for the Apple Watch. What Happened: AliveCor said that Apple excluded other heart-rate analysis providers from the...

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook said that iPhone’s “set of principles” regarding safety and privacy was the reason behind the tech giant’s in-app purchase rules and the commission it received from in-app purchases is necessary to avoid “a toxic kind of mess....

Alibaba Group Holdings Ltd (NYSE: BABA) co-founder Jack Ma will step down from his position at Hupan University, an elite business academy he founded six years ago, according to a Financial Times report. What Happened: The prestigious Hupan University has changed its name to Hupan Innovation Center...

Co-founder and co-owner of privacy-focused application Telegram, Pavel Durov, criticized Apple Inc (NASDAQ: AAPL) for bowing to the Chinese government and its obsolete hardware through his official channel on the messaging platform Wednesday. What Happened: Durov shared a New York Times article...

District Judge Beth Labson Freeman in San Jose, California, dismissed on Thursday antitrust claims brought by an advertiser group against Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Reuters reports. The plaintiffs can refile the claim with “serious concerns”...

Apple Inc (NASDAQ: AAPL) is facing a class action in London for allegedly overcharging about 20 million U.K. customers ON App Store purchases, according to a Bloomberg report on Monday. What Happened: The complaint, filed before Competition Appeal Tribunal, calls for the California-based...

Apple Inc. (NASDAQ: AAPL) said Monday it does not want to be like Android, the competing mobile operating system owned by Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) and that its rules for its App Store have created a vibrant ecosystem that benefits iPhone developers. What Happened:...

Microsoft Corp. (NASDAQ: MSFT) has updated its store terms so that PC game developers will receive a larger revenue share from the sale of games through its app store. What Happened: Microsoft said that from August 1, the developer share of Microsoft Store PC games sales revenue will increase to 88...

Apple Inc (NASDAQ: AAPL) is due to be charged by European Union’s antitrust regulators this week, reported Reuters Tuesday. What Happened: This would be the first such time that the Tim Cook-led company would face antitrust charges brought on by the E.U., which could lead to a fine as steep...

Apple Inc’s (NASDAQ: AAPL) iPhone accessory AirTag launch on Tuesday drew some sharp bashing from lost-item-finder rival and critic Tile, according to TechCrunch. What Happened: The California-based startup is scheduled to testify on Wednesday’s Senate App Store antitrust hearing. It...

Turkey’s Competition Board slapped a fine of over $36.65 million (TL 296 million) on Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google for abusing its monopoly position in the search engine arena, Reuters reports. Turkey’s Competition Authority alleged...

Even as Alibaba Group Holding Ltd (NYSE: BABA) was slapped with a record $2.8 billion fine by the Chinese government for violating antitrust laws, the fortune of the e-commerce giant’s co-founder Jack Ma rose by $2.3 billion. What Happened: Shares of Alibaba Group climbed almost 9.3% in New...

Facebook Inc. (NASDAQ: FB) is clashing with Apple Inc. (NASDAQ: AAPL) over document requests related to the legal dispute between “Fortnite” video game developer Epic Games Inc. and App Store, AppleInsider reported Monday. What Happened: Facebook and Apple argued about the document...

Former Facebook Inc (NASDAQ: FB) staffers have made revelations on how the social network giant will be impacted by the privacy changes Apple Inc (NASDAQ: AAPL) to its smartphone operating system, CNBC reported Thursday. What Happened: A metric known as view-through conversations is at stake for...