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Apple faces £2 bn lawsuit in UK over app privacy feature
AFP21d agobearish
Apple faces £2 bn lawsuit in UK over app privacy feature

Apple faces a £2 billion ($2.7 billion) lawsuit brought by UK app developers who accused Thursday the US tech giant of giving its own advertising services an unfair advantage by imposing tougher privacy rules on third parties.The claimants argue that the system was "designed and implemented unfairly and without proper consultation, imposing stricter requirements on third-party app developers than on its own services."

Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe
Simply Wall St.21d agobearish
Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe

Costco Wholesale (NasdaqGS:COST) has been asked by the US Department of Justice for detailed records as part of an expanded antitrust investigation into beef pricing. The broadened probe now covers major food retailers, with authorities seeking information on pricing practices and supply chain arrangements for beef products. The inquiry raises potential regulatory and operational questions for Costco as a key buyer and seller of beef in the US grocery market. Consider reviewing other...

Investing.com21d agobearish
Apple faces £2bn UK lawsuit over app tracking rules

Investing.com -- Apple Inc is facing a £2 billion ($2.7 billion) lawsuit in London brought on behalf of app developers over its app tracking rules. The iPhone maker is accused of abusing its power to impose stricter restrictions on third parties than on its own services.

Apple Faces £2 Billion UK Lawsuit Over App Tracking Transparency Rules
InvestorsHub21d agobearish
Apple Faces £2 Billion UK Lawsuit Over App Tracking Transparency Rules

Apple (NASDAQ:AAPL) is facing a £2 billion ($2. 7 billion) lawsuit in London brought on behalf of app developers over its App Tracking Transparency rules, with the claim alleging that the company imposed stricter requirements on third-party developers than on its own services.

What Does Apple (AAPL) Risk From Its Trade Secrets Lawsuit?
Simply Wall St.23d agobearish
What Does Apple (AAPL) Risk From Its Trade Secrets Lawsuit?

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI and a former engineer over alleged theft of confidential circuit schematics and related trade secrets. The complaint accuses the former Apple employee of misappropriating proprietary hardware designs and integrating them into OpenAI projects. Apple is seeking damages, a preliminary injunction, and court orders to destroy any materials that allegedly contain its protected technology. The case adds fresh scrutiny to how major AI players...

Elon Musk Recalls SpaceX Nearly Failing After 3 Rocket Launches: ‘If the 4th Launch Had Failed, SpaceX Would Not Exist’
Benzinga23d agobearish
Elon Musk Recalls SpaceX Nearly Failing After 3 Rocket Launches: ‘If the 4th Launch Had Failed, SpaceX Would Not Exist’

While Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the biggest enterprises in the world today, this was not always the case, as CEO Elon Musk shared how repeated initial launch failures cast uncertainty over the future of the commercial spaceflight company. Peter Diamandis Recalls SpaceX’s Failures In a post on X on Sunday, X Prize Foundation‘s Executive Chairman Peter Diamandis shared how everyone knows the “trillion-dollar version of SpaceX,” but nobody remembered that “Elon’s

Amazon stock falls as FTC prepares ad-pricing lawsuit
InvestorsHub24d agobearish
Amazon stock falls as FTC prepares ad-pricing lawsuit

Key takeawaysThe FTC and more than 20 state attorneys general reportedly plan to sue Amazon over its advertising-auction practices. Regulators are expected to allege that undisclosed price floors increased advertisers’ costs and generated tens of billions of dollars for Amazon.

Protagonist Wins FDA Approval for MIMRYLO in Rare Blood Cancer Treatment
MarketBeat24d agobullish
Protagonist Wins FDA Approval for MIMRYLO in Rare Blood Cancer Treatment

Protagonist Therapeutics (NASDAQ:PTGX) said the U.S. Food and Drug Administration has approved rusfertide, to be marketed as MIMRYLO, for the treatment of erythrocytosis in adults with polycythemia vera, or PV. The approval marks the company’s second FDA-approved medicine this year, following the M