Yahoo Finance67d agobearish
Apple's lawsuit shows the importance of AI devices for the iPhone maker's future: AnalystApple's lawsuit against OpenAI shows how important AI devices will be for the iPhone maker.
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24/7 Wall St.67d agobearish
The Risk Behind Apple’s Lawsuit That Most Investors Are Ignoring Right NowApple hit an all-time stock high after it filed one of its most aggressive lawsuits in years, and the market barely flinched. That disconnect between price and risk is exactly what most investors are not pricing in right now.
24/7 Wall St.67d agobearish
Jim Cramer Calls Apple’s OpenAI Lawsuit “Heavyweight.” Tim Cook Must Believe OpenAI Was StealingApple almost never sues, so when Tim Cook personally greenlit a complaint accusing OpenAI of stealing trade secrets and smuggling hardware prototypes out the door, Wall Street and Silicon Valley both took notice. The question now is whether the case disrupts OpenAI's IPO plans before a single share is priced.
Barrons.com67d agobearish
Apple and Google Likely to Strengthen AI Ties Following OpenAI Lawsuit‘The bad blood between Apple and OpenAI plays into Google’s hands,’ says Paul Meeks, head of technology research at Freedom Capital Markets.
GuruFocus.com68d agobearish
Musk, Altman Clash Again After Apple Files OpenAI Trade Secrets LawsuitPublic dispute escalates as Apple sues OpenAI and Musk renews criticism while defending SpaceX's AI infrastructure plans.
Stocktwits68d agobearish
‘Not Afraid Of Apple,’ Says OpenAI CEO Sam Altman After Trade Secret LawsuitThe lawsuit, which accuses OpenAI of stealing Apple’s hardware and trade secrets, marks a dramatic turn for two companies that were close partners.
Moneywise68d agobearish
Elon Musk roasts OpenAI's Apple lawsuit — but Altman hits back: 'You're the one selling investors on space datacenters'The two billionaires exchanged barbs on X over Apple's allegations that OpenAI is stealing operational secrets related to Apple's proprietary hardware.
Fortune70d agobearish
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuitThe lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.
Associated Press79d agobearish
Top EU court dismisses Google appeal of $4.5 billion antitrust fineJudges at the European Union's top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system. The case has been tangled up in courts since the European Commission announced the fine in 2018. “The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed, thereby confirming the penalty imposed for Google Search’s abuse of a dominant position in the context of the Android operating system,” the Luxembourg-based judges wrote in their ruling.
Reuters81d agobearish
US Supreme Court to hear Apple appeal of contempt in Epic Games lawsuitThe U.S. Supreme Court agreed on Tuesday to hear Apple's bid to escape being found in contempt in its legal fight with "Fortnite" maker Epic Games after the iPhone maker was deemed in violation of a judicial order mandating sweeping changes to its lucrative App Store in the antitrust litigation. The justices took up Apple's appeal of a lower court's ruling upholding a decision by Oakland, California-based U.S. District Judge Yvonne Gonzalez Rogers finding Apple in contempt in Epic's 2020 lawsuit contesting App Store fees. The Supreme Court is expected to hear the case in its next term, which begins in October.
Reuters Videos82d agobearishVIDEO
Apple says India 'copy-pasted' rivals' claims in antitrust probe<body><p>STORY: Apple accused India’s antitrust watchdog of "copy-pasting" rivals' claims in the latest escalation of their ongoing fight. </p><p>Regulatory papers reviewed by Reuters showed that Apple said the body failed to conduct its own probe after it concluded the tech giant breached competition laws.</p><p>Apple has called for the findings to be quashed. </p><p>It marks the sharpest move yet in Apple's conflict with the Competition Commission of India (CCI)...</p><p>Where Tinder-owner Match and Indian firms like Paytm are among its opponents.</p><p>In 2024, India’s watchdog published a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system...</p><p>And that Apple wrongly mandated the use of its payment system.</p><p>Apple has denied the allegations. </p><p>The tech giant instead branded itself a “miniscule player” in India with a sub-6% share of India's smartphone market.</p><p>And said that any forced alterations to its App Store could disrupt its integrated business model.</p><p>Similar arguments by other big companies, like Alphabet’s Google in 2023, have failed to sway the watchdog.</p><p>The CCI and its head of investigations] did not respond to Reuters queries.</p><p> Apple also did not respond to requests for comment.</p></body>
MT Newswires82d agobearish
Market Chatter: Apple Says India Antitrust Investigation Findings Copied Rivals' ClaimsApple (AAPL) has accused the Competition Commission of India of copying rivals' claims and failing t
Reuters82d agobearish
Exclusive-Apple accuses India of 'copy-pasting' rivals' claims in antitrust investigationBy Aditya Kalra NEW DELHI, June 29 (Reuters) - Apple has accused Indian antitrust investigators of "copy-pasting" its rivals' claims and failing to properly conduct its own investigation in concluding
Yahoo Finance Video85d agobearishVIDEO
Saylor's Strategy shuts down rumors of being under investigationScott Melker discusses rumors surrounding Saylor's Strategy, the brutal crypto week that took place, Kraken, bitcoin, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Simply Wall St.85d agobearish
Apple (AAPL) Faces £3 Billion UK iCloud Lawsuit As Class Action Moves AheadBritain's Competition Appeal Tribunal has allowed a £3b collective lawsuit against Apple to proceed. The case alleges Apple abused its market position in iCloud storage by locking users into its ecosystem. Millions of UK iPhone and iPad users may be eligible to join the class action over alleged overcharging for iCloud subscriptions. Apple, traded as NasdaqGS:AAPL, now faces a large UK class action that directly targets its services business, an important revenue stream alongside hardware...
Reuters88d agobearish
UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud servicesLONDON, June 23 (Reuters) - Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which?
Reuters88d agobearish
UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud servicesLONDON, June 23 () - Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which. said on Tuesday, clearing the way for tens of millions of consumers to join a collective action.
Reuters88d agobearish
UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud servicesBritain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which? The Competition Appeal Tribunal granted earlier in June a collective proceedings order allowing Which?
InvestorsHub95d agobearish
Italian Competition Watchdog Launches Investigation Into Apple’s Cloud Service Practices (AAPL)Apple Inc. (NASDAQ:AAPL), Apple Distribution International Ltd and Apple Italia Srl are facing an investigation by Italy’s Competition Authority over the interoperability of the company’s iOS and iPadOS operating systems with third-party consumer cloud services.
Reuters95d agobearish
Italy's antitrust regulator probes Apple over cloud services under Digital Market rulesItaly's competition regulator said on Tuesday it had opened an investigation into Apple over compliance with interoperability obligations, under the European Digital Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge with hardware and software components controlled through the group's iOS and iPadOS operating systems, and have equal access as Apple's iCloud service.
Simply Wall St.107d agobearish
Apple’s Indian Antitrust Probe Meets Growing iPhone, AI And Services StoryApple has agreed to submit local financial statements to India's competition authority as part of an ongoing antitrust probe into alleged abuse of dominance. The case comes at a time when Apple's iPhone business and production footprint in India are expanding and the company is rolling out new integration features such as native bill splitting. This development arrives ahead of an expected AI focused Siri update at WWDC, raising questions about potential regulatory penalties in a key...
Reuters108d agoneutral
Apple agrees to submit India financials in long-pending antitrust caseApple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation that found the U.S. firm abused its market position, taking the long-delayed case a step closer to a potential penalty decision, an agency order shows. The case is Apple's most high-profile regulatory headache in India, a key growth market where it has rapidly expanded iPhone production as it diversifies beyond China. A confidential Competition Commission of India (CCI) order, reviewed by Reuters, showed Apple last month agreed to supply its India financials - typically needed by the watchdog for penalty calculations.
Reuters120d agobearish
Apple asks US Supreme Court to review contempt order in Epic Games lawsuitApple asked the U.S. Supreme Court on Thursday to review a lower court ruling that held the iPhone maker in civil contempt over fees it was charging on some outside purchases made by customers of its App Store. The petition to the Supreme Court escalates a years-long legal battle with “Fortnite” video game maker Epic Games, which sued Apple in 2020 seeking to loosen its control over transactions in applications that use the company's iOS operating system and its restrictions on how apps are distributed to consumers. A judge mostly dismissed Epic's lawsuit but issued an injunction in 2021 requiring Apple to let developers include links in their apps directing users to non-Apple payment methods.
GuruFocus.com123d agobearish
Arm Falls on Reported US Antitrust ProbeRegulatory scrutiny raises questions over licensing model in chip ecosystem
Reuters124d agoneutral
Indian court tells Apple to 'cooperate' in antitrust caseNEW DELHI, May 18 (Reuters) - An Indian court has told Apple to "fully cooperate" with investigators in an antitrust case related to the iPhone apps market, not agreeing with the U.S. company's
Reuters126d agobearish
Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reportsMay 15 (Reuters) - Arm Holdings is facing an antitrust probe by the U.S.
MT Newswires129d agoneutral
Market Chatter: Apple Backs Alphabet's Google Concerns on EU Antitrust MeasuresApple (AAPL) has backed Alphabet's (GOOG, GOOGL) concerns on risks to privacy, security and safety d
TechCrunch136d agobearish
Apple to pay $250M to settle lawsuit over Siri’s delayed AI featuresApple has agreed to pay $250 million to settle a class action lawsuit for overpromising the arrival of Siri's AI features.
Reuters136d agobearish
US Supreme Court declines to pause order holding Apple in contempt in Epic Games lawsuitJustice Elena Kagan, on behalf of the court, declined to pause a ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals that deemed Apple in contempt in the Epic lawsuit contesting App Store fees. Apple had sought the delay to give it time to file a full Supreme Court appeal of the 9th Circuit decision.
GuruFocus.com136d agobearish
Apple settles lawsuit tied to delayed Siri AI featuresSettlement tied to AI feature rollout concerns