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eBay's Seller-Poaching Allegations Against Amazon Get Dismissed By Arbitration Panel
Wednesday, November 25, 2020 - 3:36am | 328Read More...A court-appointed arbitration panel has dismissed eBay Inc’s (NASDAQ: EBAY) lawsuits against Amazon Inc (NASDAQ: AMZN). The former had sought legal recourse against Jeff Bezos’ e-commerce company, seeking damages over claims of poaching seller from its platform. What Happened...
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Apple's 15% Store Fee Cut Attempt At Skirting Scrutiny By Doing The Bare Minimum, Says Epic CEO
Thursday, November 19, 2020 - 5:15am | 458Read More...Apple Inc's (NASDAQ: AAPL) announcement to cut commission for small developers is being dismissed by Epic Games CEO Tim Sweeney as a move to stifle criticism. What Happened: Sweeney described the Cupertino-based technology giant's move as an attempt to sow discord between app...
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Airbnb Lays Anti-Competition Allegations Against Google In IPO Filing
Tuesday, November 17, 2020 - 3:02am | 430Read More...Airbnb, Inc said in a regulatory filing on Monday that Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google had disadvantaged it by denying it internet traffic. What Happened: The vacation home-rental company in its S-1 filing with the U.S. Securities and Exchange Commission for an initial...
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Apple's Theft Claim Against 'Fortnite' Maker Epic Gets Thrown Out By Court
Wednesday, November 11, 2020 - 4:11am | 444Read More...Apple Inc’s (NASDAQ: AAPL) two tort claims against game developer Epic Games Inc have been dismissed by a U.S. District Court, Bloomberg reported late Tuesday. What Happened: “This is a high-stakes breach of contract case and an antitrust case and that’s all in my view...
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'Fortnite' Is Making An Unusual Comeback On Apple's iPhones: BBC
Friday, November 6, 2020 - 3:56am | 470Read More...Owners of Apple Inc (NASDAQ: AAPL) devices could soon be able to play Epic Games’ "Fortnite" once again after it was taken down from the App Store amid a legal tussle between the two companies, the BBC reported Thursday. What Happened: The game could return back to the devices...
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How The 2020 Presidential Election Could Impact Tech Stocks
Tuesday, November 3, 2020 - 12:50pm | 715Read More...Technology stocks have been one of the best performing sectors in 2020. The bad news: both presidential candidates have problems with the large tech companies, which could lead to changes and break-ups. What A Trump Win Means For Tech President Donald Trump has been vocal of his dislike of ...
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Apple Says Forcing It To Tweak App Store Policies Will 'Materially' Impact Its 'Financial Condition'
Tuesday, November 3, 2020 - 4:40am | 472Read More...Apple Inc (NASDAQ: AAPL) has drawn criticism for its App Store policies being anti-competitive and the high commissions charged from app developers, leading to antitrust probes. The tech giant has warned that a forced amendment to its App Store policies or reduced revenue cut from...
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Stock Market Update For The Week Ahead: 'Positive Performance Regardless Of Which Party Wins'
Monday, November 2, 2020 - 9:40am | 1238Read More...The Past Week, In A Nutshell What Happened: Last week ended negative despite better-than-expected earnings. Remember This: “Overall market performance also tends to stall leading into an election," said Phil Mackintosh, Nasdaq Chief Economist. "Although once a result is known,...
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Apple Holds 'Crazy, Misguided View' About Owning All Commerce Related To iPhone, Says Epic Founder
Monday, October 26, 2020 - 1:20am | 456Read More...Epic Games founder and CEO Tim Sweeney castigated Apple Inc (NASDAQ: AAPL) over antitrust concerns in the ongoing dispute over the removal of the former's "Fortnite" game from the App Store. What Happened: “Apple’s position is that they seem to truly believe they...
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Why These Companies Could Benefit From Google's Antitrust Lawsuit
Wednesday, October 21, 2020 - 5:42pm | 771Read More...The antitrust lawsuit filed against Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) Tuesday by the Department of Justice alleges that Alphabet subsidiary Google uses anticompetitive practices to maintain a monopoly on the search and advertising market in the United States. The lawsuit points out...
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Bill Gates Says Tech Giants Should Be Probed Separately If Regulators 'Want To Get Serious' About Antitrust Concerns
Thursday, October 15, 2020 - 10:06pm | 566Read More...Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates said Thursday at the GeekWire Summit that a more in-depth and company-specific approach is required by regulators in antitrust matters, CNBC reported. What Happened: The former executive touched on the subject of U.S. regulators...
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Google Could Be Forced To Sell Chrome, Part Of Ad Business By US Government: Report
Monday, October 12, 2020 - 3:37am | 402Read More...U.S. regulators are considering an option where Alphabet Inc(NASDAQ: GOOGL) (NASDAQ: GOOG) could be forced to split part of its advertising business, along with its web browser Google Chrome, according to Politico. The company could be forced to sell these operations as an attempt to...
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Microsoft Plans To Skirt Apple Ban On Cloud Gaming Apps Via Browser-Based Service: Report
Friday, October 9, 2020 - 2:06am | 431Read More...Microsoft Corporation (NASDAQ: MSFT) is opting to use a web-browser based solution to bring its xCloud gaming service to iOS devices, Business Insider reported Thursday. What Happened: The Redmond, Washington-based company’s executive vice president of gaming told employees at a company...
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Facebook, Amazon, Apple, Google Stamping Out Rivals, Stifling Innovation, House Antitrust Investigation Concludes
Wednesday, October 7, 2020 - 12:23am | 1060Read More...The dominance of large technology companies limits innovation and comes in the way of competition, a Democratic-led congressional panel has established after a 16-month investigation. The 450-page report of the panel was released Tuesday and makes recommendations that advocate measures to limit...
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Whistleblower Reveals New Information To House On Facebook-Instagram Deal: CNBC
Tuesday, October 6, 2020 - 1:14am | 384Read More...A congressional report looking into the monopolistic practices of big technology companies has been delayed after the House Judiciary subcommittee on antitrust received new information on Facebook Inc (NASDAQ: FB) acquisition of Instagram, CNBC reported Monday. What Happened: The report has...
















