Apple faces mounting pressure from surging Pro iPhone component costs, European regulatory scrutiny, and multiple lawsuits. While launching a limited-run foldable iPhone under new leadership, rising …
Meta agreed to a landmark proposed settlement of up to $17 billion to resolve state litigation regarding child safety. The deal mandates strict teen usage limits, nighttime bans, and robust age verif…
Meta agreed to an $18 billion settlement to resolve claims regarding addictive design for minors on its platforms. While this removes legal uncertainty and leaves the core ad business intact, it intr…
Apple faces backlash from the Coalition for App Fairness over its proposed EU App Store fee structure under the Digital Markets Act. The developer lobby argues the new 5% to 20% commission rates rema…
Meta shares fell over 3% amid rising Treasury yields and the start of a landmark child safety trial by state attorneys general. The lawsuit threatens up to $200 billion in damages and forced modifica…
Meta Platforms faces a massive federal trial brought by 29 states seeking up to $1.4 trillion in damages for alleged harm to youth. The lawsuit poses severe risks of major financial penalties and cou…
Meta Platforms entered a six-week federal trial facing lawsuits from multiple states alleging it deliberately addicted youth and violated child privacy laws. States seek up to $1.4 trillion in penalt…
Meta offers free WhatsApp API access to rival AI chatbots for one month in EU to resolve antitrust investigation, avoiding potential fines from the European Commission.
The EU plans to enforce fair access rules for Google's search and AI services under the Digital Markets Act, potentially limiting Google's control and favoring competitors, with a resolution expected…
A federal court overruled DOJ’s proposed penalties, preventing forced divestiture of Chrome and preserving Google’s ability to pay to be default search, lifting Alphabet shares about 6% pre-market.
A judge ruled Alphabet need not divest Chrome or Android and may keep search payments to Apple, lifting GOOGL sharply and sending AAPL higher as investors welcome avoidance of structural antitrust re…
Survey shows U.S. law firms raised billing rates and revenues as expenses and AI spending climb; Epic seeks $205M in fees from Google; a disclosed lawyer served Amazon among other clients; a defunct …