Economy Mar 21 Reddit, long a home for Internet communities, debuts on stock exchange The company said Wednesday that it had priced its IPO at $34 a share. Shares will begin trading Thursday on the New York Stock Exchange under the ticker symbol “RDDT.”…
Politics Mar 21 WATCH: Garland holds news conference as Justice Department files antitrust suit against Apple The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone market and leverages control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”…
Economy Jan 16 Supreme Court rebuffs Apple’s court appeal on app payments, threatening billions in revenue The justices rejected Apple's appeal of lower-court rulings that found some of Apple's app store rules for apps purchased on more than 1 billion iPhones constitute unfair competition under California law.
Nation Dec 19 Google to pay $700 million to U.S. states, consumers in Android app store settlement Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store.
Nation Nov 06 Fortnite maker asks court to limit Google’s ability to take a cut of in-app purchases A 10-person jury will decide whether Google’s digital payment processing system in the Play Store that distributes apps for phones running on its Android software has been illegally driving up prices for consumers and developers.
Nation Sep 12 Google’s search dominance faces big antitrust challenge in landmark trial The Justice Department filed its antitrust lawsuit against Google nearly three years ago during the Trump administration, charging that the company has used its internet search dominance to gain an unfair advantage against competitors.
Nation Sep 11 U.S. regulators to challenge Google’s search engine dominance in federal trial The 10-week trial comes years after the Justice Department alleged Google abused the power of its search engine in ways that stifle competition. The government says Google's practices increasingly force consumers to settle for inferior search results.
Nation Jun 22 Microsoft heads to court over $69 billion deal that could reshape video gaming The battle will pit Microsoft's ambition to expand its video game imprint beyond its Xbox console against the U.S. Federal Trade Commission's bid to block a deal that it contends will stifle competition and innovation to the detriment of consumers.
Science Jun 06 A timeline of Apple’s most influential product announcements The iPhone, released in 2007 four years before Jobs died, remains Apple's biggest game changer.
Nation May 30 Elizabeth Holmes enters Texas prison to begin 11-year sentence for Theranos hoax The arrival comes more than a year after a jury convicted Holmes on four felony counts of fraud and conspiracy in January 2022. She was sentenced to prison time in November.