Antitrust bill would bar mergers over $5B, allow regulators to unwind others
“Big companies have had almost free rein over our economy.” (credit: Dave Rutt) Two Democratic lawmakers introduced a new bill on Wednesday that would institute a host of new regulations to scrutinize mergers, including a.....»»
Imane Khelif controversy shows how sex testing in women"s sports puts regulators in an impossible bind
In their preliminary 2024 Olympic women's boxing match, Algeria's Imane Khelif delivered a painful blow to the face of Italy's Angela Carini, who abandoned the fight after 46 seconds......»»
What the Google Search Monopoly Ruling Means
An antitrust expert explains Monday’s landmark legal decision that Google illegally cemented its dominance in Internet search.....»»
Rupee slips to record low as pressure from carry trade unwind lingers
Rupee slips to record low as pressure from carry trade unwind lingers.....»»
Google antitrust verdict leaves Apple with “inconvenient alternatives”
A reliable source of billions of dollars in income is at risk for the iPhone maker. Enlarge (credit: Benj Edwards) The landmark antitrust ruling against Google on Monday is shaking up one of the longest-standing partners.....»»
Disney+, Hulu, and ESPN will cost more in October
One year after the last price hike, Disney is raising the price of its subscription services, with Disney+, Hulu, and ESPN all set to bill viewers more in October.Disney+ bannerStreaming services often raise the price of their subscriptions. Accordin.....»»
Apple losing Google’s $20B+ would be just a blip in its Services trajectory
Google has for years made billions of dollars worth of payments to Apple in return for being the default search engine on Apple devices. A court ruling yesterday appears to have declared those payments illegal under antitrust law. But while that w.....»»
Google’s $20B default search deal with Apple violates antitrust law, judge rules
A federal judge today ruled that Google’s deals with Apple and other companies to be the default search engine violated antitrust law. As reported by Bloomberg, Judge Amit Mehta concluded that these agreements reduced competition in the search indu.....»»
Judge rules Google is a search and advertising monopoly
Google violated antitrust law in the United States, a federal judge has ruled, with Google ruled by the court to have monopolized advertising and search.Google pays Apple billions to be the default search in SafariThe U.S. Department of Justice antit.....»»
Google loses DOJ’s big monopoly trial over search business
Google's exclusive deals maintained monopolies in two markets, judge ruled. Enlarge (credit: FABRICE COFFRINI / Contributor | AFP) Google just lost a massive antitrust trial over its sprawling search business, as US dist.....»»
Apple files motion to dismiss DOJ antitrust lawsuit, citing harm to innovation and user experience
Apple has officially filed a motion to dismiss the Department of Justice’s antitrust lawsuit filed in May. Apple argues the case should be dismissed because the DOJ’s lawsuit does not meet the legal standards required to prove a violation of Sect.....»»
Apple working with regulators to enable Apple Intelligence in China and the EU
During the announcement of Apple Intelligence at WWDC 2024, Apple said that the technology would be available first for US English and that support for more languages would be added over the next year. However, users in China and the European Union w.....»»
9to5Mac Daily: August 2, 2024 – AAPL Q3 2024 earnings
On today’s episode of 9to5Mac Daily, we discuss Apple reporting record Q3 2024 earnings. We also cover Apple’s motion to dismiss the DOJ antitrust lawsuit, citing harm to innovation and user experience. Additionally, we highlight the corroborated.....»»
Apple defends business practices in motion to dismiss DOJ lawsuit
Apple has filed a motion to dismiss the Department of Justice's antitrust lawsuit, saying the case lacks a legal foundation.Apple defends business practices in motion to dismiss DOJ lawsuitThe DOJ, along with several states, has accused Apple of mono.....»»
US oil and gas mergers continue at furious pace in Q2, says Enverus
US oil and gas mergers continue at furious pace in Q2, says Enverus.....»»
Kids Online Safety Act passes Senate despite concerns it will harm kids
KOSA risks “nearly limitless content regulation,” senator warns. Enlarge (credit: Westend61 | Westend61) The Kids Online Safety Act (KOSA) easily passed the Senate today despite critics' concerns that the bill may ri.....»»
New study uses self-interacting dark matter to solve the final parsec problem
In a new study, scientists from Canada have proposed a solution to the final parsec problem of supermassive black hole (SMBH) mergers using self-interacting dark matter......»»
As California seeks to curb groundwater declines, farmers in one county fight back in court
With long-term declines in groundwater levels putting thousands of domestic wells at risk and causing the ground to sink in parts of the San Joaquin Valley, state regulators are moving forward with efforts to force local agencies to take stronger ste.....»»
Spain antitrust regulators begin App Store investigation
Spain’s National Commission of Markets and Competition, or CNMC for short, has started an investigation into Apple’s App Store. The investigation regards potential anti-competitive behavior on Apple’s platforms. more….....»»
Are you a workaholic? Here’s how to spot the signs
Psychologists now view an out-of-control compulsion to work as an addiction. Enlarge (credit: Bill Varie/Getty Images) An accountant who fills out spreadsheets at the beach, a dog groomer who always has time for one more.....»»
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled. .....»»