WASHINGTON (AP) — The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high. The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone
I’ve been working with a client whose business has fallen off a bit, and she wanted to update her website to make sure that it was optimized and working for her as a marketing tool — not just a line item in her budget. She’s had her site for a while, but it still looks
At Apple’s annual shareholder meeting on Wednesday, CEO Tim Cook said that the company is investing heavily in generative artificial intelligence, sending a clear message to investors that it wants to capitalise on the most buzzed-about technology. “We believe it will unlock transformative opportunities for our users when it comes to productivity, problem-solving, and more,”
Millennials first entered the personal finance scene “walking around like they rent the place.” They rebranded having roommates as “co-living.” Now, we have Gen Z and frankly, anyone on social media, rushing to develop new financial vernacular that generally just reinvents well-worn concepts. Doom spending, a much more financial existentialist-rooted version of retail therapy, quiet
Nvidia CEO Jensen Huang shown here holding a CPU designed for AI data centers. The company’s A100 and H100 GPUs have been in even higher demand among AI companies. AFP via Getty Images Last year, entrepreneur-turned-investor Nat Friedman found himself unwittingly becoming a full-time computer chip broker for upstart AI companies. “There were weeks where
co-founder and co-CEO of Sidewalk Infrastructure Partners. Sidewalk Infrastructure Partners Google, long interested in clean energy and conservation, is spinning out its GoogleGOOG Nest Renew business and Sidewalk Infrastructure Partners (SIP) is combining it with OhmConnect to create a new company in which SIP will make an initial $100 million investment. The new company, which
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NEW DELHI: AST SpaceMobile has secured $155 million in strategic investment from AT&T, Google, and existing investor Vodafone which will support the commercial rollout of the startup’s space-based cellular network. In addition to the $155 million strategic investment, AST SpaceMobile plans to draw up to $51.5 million from the company’s existing senior secured credit facility
Published: Jan. 16, 2024 at 6:22 p.m. ET Walt Disney Co.’s board on Tuesday nominated a slate of 12 directors that notably left out activist investors from Trian Fund Management (Nelson Peltz, James Rasulo) and Blackwells Group (Craig Hatkoff, Jessica Schell, Leah Solivan), both of which have been highly critical of Disney Chief Executive Robert
Apple has removed a number of cryptocurrency apps from the regional App Store servicing India, weeks after a financial regulator declared they were operating illegally. Representations of cryptocurrencies On December 28, India’s Financial Intelligence Unit declared that nine crypto exchanges were not complying with anti-laundering laws, resulting in a request to the IT Ministry