-
Edwin Dorsey, Whitney Tilson Defend Andrew Left: 'Positive Force For Markets And The Pioneer Of The Activist Short Movement'
Tuesday, July 30, 2024 - 11:38am | 958Read More...Short seller Andrew Left is best known for being one of the prominent voices against video game retailer GameStop Corporation (NYSE:GME) during its short squeeze in 2021. The short seller now faces charges from the SEC in a case that could forever change how short reports are published. What...
-
Boeing Strikes Plea Deal With DOJ For Defrauding US Regulator Over 737 MAX Safety: Victims' Lawyer Calls It 'Deceptive And Generous…Not In Public Interest'
Monday, July 8, 2024 - 2:25am | 645Read More...Embattled aerospace company Boeing (NYSE:BA) has agreed to plead guilty to criminal conspiracy to defraud the U.S. by allegedly misleading the Federal Aviation Administration regarding the safety of its 737 MAX, a late-Sunday court filing by the Department of Justice said, according to media...
-
Justice Department To Prioritize Children's Privacy Violation In TikTok Lawsuit, Drops Claim Chinese Platform Misled US Customers
Friday, June 21, 2024 - 12:00am | 657Read More...The U.S. Department of Justice has reportedly decided to drop one of the two proposed claims against ByteDance-owned TikTok, focusing instead on a consumer protection lawsuit centered on children’s privacy. What Happened: The DOJ is preparing to file a consumer protection...
-
Attorney General Merrick Garland Held In Contempt By House: 'We Need The Audio' Of Biden Interview With Robert Hur, Says Mike Johnson
Wednesday, June 12, 2024 - 9:09pm | 641Read More...In a significant move, the US House of Representatives has taken action against Attorney General Merrick Garland, censuring him for non-compliance with a congressional order. What Happened: The Republican-led House voted 216-207 to hold Garland in contempt. This action follows his defiance of a...
-
DOJ Case Against Live Nation Is 'Weak,' Analysts Say: 'Separating Ticketmaster... Is Unlikely To Lower Ticket Prices'
Friday, May 24, 2024 - 1:14pm | 550Read More...The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...
-
US Targets Ticketmaster Parent In Antitrust Lawsuit, Live Nation Responds: 'It Ignores Everything That Is Actually Responsible'
Thursday, May 23, 2024 - 11:50am | 450Read More...Live Nation Entertainment Inc (NYSE:LYV) shares are tumbling Thursday after the U.S. Department of Justice filed a lawsuit against the company. What To Know: Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states including California, Florida, Texas,...
-
Apple Challenges DOJ's Antitrust Case Saying The Court Should 'Reject The Invitation To Forge A New Theory Of Antitrust Liability'
Wednesday, May 22, 2024 - 12:27am | 601Read More...Apple Inc. (NASDAQ:AAPL) is preparing to request the dismissal of the U.S. Department of Justice’s antitrust lawsuit against the company. What Happened: Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will...
-
Tim Cook Blasts DOJ's Antitrust Lawsuit Against Apple, Says He's Going To Make Sure It Doesn't Become A Distraction: 'We're Going To Fight It'
Friday, May 3, 2024 - 1:29am | 606Read More...As Apple Inc. (NASDAQ:AAPL) reports its second-quarter 2024 earnings, CEO Tim Cook has criticized the U.S. Department of Justice’s or DOJ antitrust lawsuit against the tech giant, calling it “misguided.” What Happened: On Thursday, Apple reported its second-quarter results that...
-
Bitcoin Transaction Investigation By DOJ Addressed By Block CEO Jack Dorsey: 'We Take Compliance Seriously'
Thursday, May 2, 2024 - 11:30pm | 697Read More...Block Inc. (NYSE:SQ) CEO Jack Dorsey addressed a potential Department of Justice investigation during the company’s first-quarter earnings call on Thursday. What Happened: Dorsey clarified that the company had proactively investigated potential threats in 2022, leading to a thorough review of...
-
Department Of Justice May Echo Taylor Swift's 'Look What You Made Me Do' In Case Against Ticketmaster: Report
Tuesday, April 16, 2024 - 1:07pm | 781Read More...Ticketmaster parent company Live Nation Entertainment (NYSE:LYV) could soon have "Bad Blood" with the Department of Justice, thanks to a suit stemming from the record breaking concert tour of Taylor Swift. What Happened: Live Nation, one of the world’s largest entertainment companies, owns...
-
Joe Biden-Appointed Judge To Oversee DOJ Antitrust Lawsuit Against Apple After Farbiarz Steps Down Under Undisclosed Circumstances
Thursday, April 11, 2024 - 8:44am | 619Read More...The Department of Justice’s (DOJ) major antitrust lawsuit against Apple Inc. (NASDAQ:AAPL) is set to be overseen by a new judge, according to a recent court filing. What Happened: Judge Michael E. Farbiarz has stepped down from the case after determining that his "recusal is necessary" under...
-
Jim Cramer Questions Legitimacy Of Antitrust Lawsuits Against Apple, Google And Amazon: 'I Wish The White House Would Just Admit The Truth'
Tuesday, March 26, 2024 - 7:31am | 628Read More...Jim Cramer has raised doubts over the validity of the government’s antitrust lawsuits against Big Tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). What Happened: "Mad Money" host Cramer questioned the...
-
Apple Analysts Unmoved By Antitrust Lawsuit: 'Unmatched Brand Strength'
Monday, March 25, 2024 - 11:01am | 335Read More...Major Wall Street investment banks such as Goldman Sachs and Bank of America reiterated optimistic views on Apple Inc. (NASDAQ:AAPL) despite the legal headwinds stemming from the recent Department of Justice (DoJ) lawsuit. The DoJ argues that Apple is monopolistic in the smartphone market. The...
-
Apple Slams 'Dangerous' DOJ Lawsuit, Tim Cook's iPhone Suggestion Returns To Haunt And Potential Google Partnership: This Week In Appleverse
Sunday, March 24, 2024 - 2:59am | 821Read More...Apple Inc. (NASDAQ:AAPL) found itself making headlines last weekend, with the U.S. Department of Justice’s (DOJ) antitrust lawsuit taking center stage. The company’s CEO, Tim Cook, was thrust into the limelight as a 2022 conversation surfaced in the lawsuit, sparking controversy....
-
How Apple's Antitrust Case Outcome Could Impact Your iPhone Experience
Saturday, March 23, 2024 - 5:25pm | 472Read More...Apple Inc. (NASDAQ: AAPL) is embroiled in a legal battle with the Department of Justice and the outcome could have significant implications for iPhone users. What Happened: The dispute centers around Apple's control over its App Store, with the DOJ alleging anti-competitive practices. Insider...
