Department of Justice

Apple Inc. (NASDAQ:AAPL) is preparing to urge a federal judge to dismiss the U.S. Department of Justice’s case accusing the company of unlawfully monopolizing the smartphone market. What Happened: The case is a significant part of the ongoing antitrust battle against Big Tech...

Google‘s parent company Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) experienced a decline in its stock value during pre-market trading on Tuesday. As per Benzinga Pro, GOOGL shares fell by 1.02%, while GOOG shares decreased by 1.01%. This downturn follows reports that the U.S. Department of...

U.S. Rep. Matt Gaetz (R-Fla.) was picked Wednesday as nominee for attorney general under Donald Trump, the latest cabinet announcement in the wake of the 2024 presidential election. What Happened: Trump announced Wednesday that he selected Gaetz as his nominee for attorney general with a post on...

The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance account. What Happened: This action follows a year-long investigation into funds allegedly linked to bribes authorized by Sam Bankman-Fried, former CEO...

A Washington-based researcher has filed a lawsuit against the Drug Enforcement Administration (DEA), alleging multiple legal violations in the agency's process of rescheduling marijuana. As Forbes reported, the complaint, filed in the U.S. District Court for Western Washington, names the Department...

Donald Trump's 2024 presidential election win is already having an impact on his pending court cases: a federal judge paused a 2020 election interference prosecution from Special Counsel Jack Smith Friday. What Happened: Trump's defeat of Vice President Kamala Harris in the 2024 presidential...

With tax season approaching, CPAs are calling on the IRS to prepare for potential changes impacting cannabis businesses. The American Institute of CPAs (AICPA) recently submitted recommendations to the U.S. Treasury and IRS, highlighting areas where guidance is needed to clarify tax obligations for...

Technology giant Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is one of several Magnificent 7 stocks set to report what could be a telling of how much growth is ahead in the tech sector and how AI investments are paying off when the company reports third-quarter financial results after market close...

Gary Black, managing partner at Future Fund LLC, has highlighted what he sees as an attractive valuation for Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), despite the company facing increased scrutiny from the U.S. Department of Justice. What Happened: In a recent post on X (formerly Twitter), Black...

The U.S. Department of Justice confirmed this week that it’s considering taking actions to curtail Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Search dominance. Multiple analysts reacted to the news on Wednesday. What Happened: The DOJ announced late Tuesday that it’s...

The Department of Justice is evaluating the possibility of dismantling Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google, as a response to antitrust violations. This development follows a recent court ruling that found Google guilty of leveraging its products to maintain a monopoly in...

An indictment was made public this week, accusing a Florida man of threatening to kill both his primary opponent in the 2021 election for Florida’s 13th Congressional District and a private citizen who is an acquaintance of that opponent. The indictment states that William Robert Braddock III...

Gates Says Microsoft Antitrust Threats Are ‘Going To Happen’ While Reflecting on 1998 Case: ‘Whichever Part of the Company I Went With Would Have Thrived' Billionaire Bill Gates helped power Microsoft Corporation (NASDAQ:MSFT) into one of the largest companies in the world during his...

Super Micro Computer, Inc. (NASDAQ:SMCI) shares are falling Thursday following a report indicating the company is being probed by the Department of Justice following an August short report from Hindenburg Research. The Details: According to a Wall Street Journal report, the company is being probed...

Payments company Visa Inc (NYSE:V) was hit with an antitrust lawsuit by the U.S. Department of Justice (DOJ) Tuesday that analysts say could take years to sort out and will likely hurt shares in the short term. What Happened: The DOJ alleged Visa used anticompetitive practices in the debit network...