Apple faces epochal moment with looming antitrust scrutiny
CNN
A potential antitrust lawsuit against Apple by the federal government could be as big a turning point in the company’s 48-year history as the return of founder Steve Jobs or the invention of the iPhone, according to legal experts.
A potential antitrust lawsuit against Apple by the federal government could be a turning point as big in the company’s 48-year history as the return of founder Steve Jobs or the invention of the iPhone, according to legal experts. Speculation about a landmark case is again on the rise after The New York Times reported Friday that the Justice Department is in the final stages of a years-long investigation into Apple, which could lead to a lawsuit later this year. The probe reportedly focuses on everything from the seamless integration between the iPhone and Apple Watch to the company’s digital payments system and Apple’s use of green text bubbles to differentiate Android text messages from iMessage communications — in short, a broad look at Apple’s tightly controlled, walled-garden ecosystem that’s turned it into $2.8 trillion behemoth. Apple — the most valuable company in the world — is the only leading tech giant the US government has yet to sue on antitrust grounds within the past few years. If antitrust officials do go after Apple, expect it to be a “full-frontal assault” on Apple’s business, said Adam Wolfson, an antitrust attorney at the law firm Quinn Emanuel. “Depending on what the Department of Justice actually alleges, it could potentially attack all the ways, or many of the ways, that Apple runs its business and maintains itself as one of the most profitable companies in the world,” Wolfson said. Apple did not immediately respond to a request for comment.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners.
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
A group of leading tech companies is teaming up with two teachers’ unions to train 400,000 kindergarten through 12th grade teachers in artificial intelligence over the next five years.
Tesla finally announced the date of its annual meeting. That’s after dozens of angry shareholders asked what was taking it so long.
London’s Heathrow Airport is hoping to get travelers into the holiday mood this summer with a soundtrack of real-life jet engines, lift dings and baggage sirens.
Grok, the chatbot created by Elon Musk’s xAI, began responding with violent posts this week after the company tweaked its system to allow it to offer users more “politically incorrect” answers.
Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal.
Since the start of the century, the number of journalists working in the United States has declined by more than 75 percent, according to the study.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
When the very first Olive Garden opened in 1982 near Orlando, it was a disaster.
It might not come as a shock if you have eyes, but the Cybertruck is, officially, a flop.
With just five days remaining in the tariff moratorium, the White House is expected to begin delivering a message to a dozen or so countries: Time is up, and here’s your new rate.