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Apple’s Indian Antitrust Probe Meets Growing iPhone, AI And Services Story
Simply Wall St.107d agobearish
Apple’s Indian Antitrust Probe Meets Growing iPhone, AI And Services Story

Apple 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...

Assessing Commvault Systems (CVLT) Valuation After Q3 2026 Miss And New Class Action Lawsuits
Simply Wall St.109d agobearish
Assessing Commvault Systems (CVLT) Valuation After Q3 2026 Miss And New Class Action Lawsuits

Why the lawsuits matter for Commvault Systems (CVLT) shareholders Multiple securities class action lawsuits against Commvault Systems (CVLT) center on claims about Annual Recurring Revenue guidance following Q3 2026 results. These cases raise questions about disclosure, business quality, and how you weigh the stock’s recent performance. See our latest analysis for Commvault Systems. Since the sharp drop after Q3 2026 results, Commvault’s share price has rebounded, with a 30 day share price...

Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show
Reuters112d agobearish
Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show

A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay ‌the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as ‌terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks ​before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.

Americans to recieve $3,500 each after doughnut chain settles lawsuit
TheStreet114d agobearish
Americans to recieve $3,500 each after doughnut chain settles lawsuit

When a company gets breached these days, the cleanup bill rarely stops at fixing the systems that were broken into. Companies end up paying for legal settlements, customer reimbursements, identity protection services, and years of trying to win back people who no longer trust them with their ...

Americans to recieve $3,500 each after doughnut chain settles lawsuit
TheStreet114d agobearish
Americans to recieve $3,500 each after doughnut chain settles lawsuit

When a company gets breached these days, the cleanup bill rarely stops at fixing the systems that were broken into. Companies end up paying for legal settlements, customer reimbursements, identity protection services, and years of trying to win back people who no longer trust them with their ...

Ford recalls one of its best-selling vehicles
TheStreet114d agobearish
Ford recalls one of its best-selling vehicles

Last year, during the company's third-quarter earnings call, Ford CFO Kumare Glahotra made a promise to investors. “Improving quality is the single biggest driver to close our cost gap. Better quality lowers warranty expense and reduces recalls,” Galhotra said. But so far this year, Ford once again ...

Apple asks US Supreme Court to review contempt order in Epic Games lawsuit
Reuters121d agobearish
Apple asks US Supreme Court to review contempt order in Epic Games lawsuit

Apple 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.

Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers
24/7 Wall St.121d agobearish
Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers

C3.ai (NYSE:AI) is back in the chat rooms again this month, up 7.28% in a week as retail traders bet the enterprise AI software story has finally bottomed at $9.28. But here’s what you should actually be watching. The C3.ai story is broken, not bottoming The fundamentals are unraveling beneath the surface. Q3 FY26 revenue ... Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers