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DOJ says Apple’s “complete control” over tap-to-pay transactions stops innovation, cements its monopoly

March 21, 2024

In its wide-ranging antitrust complaint against Apple and its iPhone business, the U.S. Justice Department takes specific aim against Apple’s massive financial business, specifically how it uses Apple Pay to prohibit competition and make large amounts of money in the process, to the tune of billions in annual revenues. The DOJ alleges that is not […]

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Threads opens beta to let users connect their accounts to the fediverse

March 21, 2024

Threads has officially entered the fediverse. Meta announced on Thursday that its beta experience of sharing Threads accounts to the fediverse is now open to users ages 18 and up with public profiles. The integration is only available in three countries to start, including the U.S., Canada and Japan. The company previously announced in December […]

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Here’s what the DOJ suit could mean for Apple Watch

March 21, 2024

Apple’s ecosystem play has – at once – been the envy and bane of the consumer electronics industry for decades. Following a lawsuit filed by the U.S. Department of Justice on Thursday, it’s now also at the center of strong antitrust charges levied against the hardware giant. The sweeping lawsuit, jointly filed with the attorneys […]

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Coalition including Epic, Spotify, Deezer, Match Group and others applaud DOJ’s Apple suit in statement

March 21, 2024

The Coalition for App Fairness (CAF) released a statement on Thursday cheering on the Department of Justice’s antitrust lawsuit against Apple. The group includes a number of key app makers, including Epic Games, Spotify, Deezer, Match Group, Proton and others. “With today’s announcement, the Department of Justice is taking a strong stand against Apple’s stranglehold […]

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Reddit’s IPO has begun with shares soaring 60% within minutes

March 21, 2024

Shares of social forum giant Reddit opened today at nearly $47 per share, then quickly soared to around $55, up about 60% in heavy volume from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling […]

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DOJ claims green bubbles are an issue in iPhone monopoly suit

March 21, 2024

The United States Department of Justice filed an antitrust lawsuit against Apple earlier today. The suit touches on several (allegedly) anticompetitive practices. But one category in particular caught our attention as the DOJ spends quite a bit of time talking about “green bubbles” and “blue bubbles.” When an iPhone user sends a message to another […]

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