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Tim Cook Blasts DOJ's Antitrust Lawsuit Against Apple, Says He's Going To Make Sure It Doesn't Become A Distraction: 'We're Going To Fight It'
Friday, May 3, 2024 - 1:29am | 606As Apple Inc. (NASDAQ:AAPL) reports its second-quarter 2024 earnings, CEO Tim Cook has criticized the U.S. Department of Justice’s or DOJ antitrust lawsuit against the tech giant, calling it “misguided.” What Happened: On Thursday, Apple reported its second-quarter results that...
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Bitcoin Transaction Investigation By DOJ Addressed By Block CEO Jack Dorsey: 'We Take Compliance Seriously'
Thursday, May 2, 2024 - 11:30pm | 697Block Inc. (NYSE:SQ) CEO Jack Dorsey addressed a potential Department of Justice investigation during the company’s first-quarter earnings call on Thursday. What Happened: Dorsey clarified that the company had proactively investigated potential threats in 2022, leading to a thorough review of...
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Tell-Tale Signs Led To Cannabis Bust In Maine As Feds Crack Down On International Criminal Organizations Growing Illegal Weed
Tuesday, April 23, 2024 - 11:02am | 506Maine’s law enforcement agencies recently busted another illegal grow operation seizing 40 pounds (18 kilograms) of processed cannabis, reported the Associated Press. Xisen Guo, a naturalized U.S. citizen born in China, was behind a hidden high-tech cannabis grow operation from his house in...
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Department Of Justice May Echo Taylor Swift's 'Look What You Made Me Do' In Case Against Ticketmaster: Report
Tuesday, April 16, 2024 - 1:07pm | 781Ticketmaster parent company Live Nation Entertainment (NYSE:LYV) could soon have "Bad Blood" with the Department of Justice, thanks to a suit stemming from the record breaking concert tour of Taylor Swift. What Happened: Live Nation, one of the world’s largest entertainment companies, owns...
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Joe Biden-Appointed Judge To Oversee DOJ Antitrust Lawsuit Against Apple After Farbiarz Steps Down Under Undisclosed Circumstances
Thursday, April 11, 2024 - 8:44am | 619The Department of Justice’s (DOJ) major antitrust lawsuit against Apple Inc. (NASDAQ:AAPL) is set to be overseen by a new judge, according to a recent court filing. What Happened: Judge Michael E. Farbiarz has stepped down from the case after determining that his "recusal is necessary" under...
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Jim Cramer Questions Legitimacy Of Antitrust Lawsuits Against Apple, Google And Amazon: 'I Wish The White House Would Just Admit The Truth'
Tuesday, March 26, 2024 - 7:31am | 628Jim Cramer has raised doubts over the validity of the government’s antitrust lawsuits against Big Tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). What Happened: "Mad Money" host Cramer questioned the...
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Apple Analysts Unmoved By Antitrust Lawsuit: 'Unmatched Brand Strength'
Monday, March 25, 2024 - 11:01am | 335Major Wall Street investment banks such as Goldman Sachs and Bank of America reiterated optimistic views on Apple Inc. (NASDAQ:AAPL) despite the legal headwinds stemming from the recent Department of Justice (DoJ) lawsuit. The DoJ argues that Apple is monopolistic in the smartphone market. The...
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Apple Slams 'Dangerous' DOJ Lawsuit, Tim Cook's iPhone Suggestion Returns To Haunt And Potential Google Partnership: This Week In Appleverse
Sunday, March 24, 2024 - 2:59am | 821Apple Inc. (NASDAQ:AAPL) found itself making headlines last weekend, with the U.S. Department of Justice’s (DOJ) antitrust lawsuit taking center stage. The company’s CEO, Tim Cook, was thrust into the limelight as a 2022 conversation surfaced in the lawsuit, sparking controversy....
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How Apple's Antitrust Case Outcome Could Impact Your iPhone Experience
Saturday, March 23, 2024 - 5:25pm | 472Apple Inc. (NASDAQ: AAPL) is embroiled in a legal battle with the Department of Justice and the outcome could have significant implications for iPhone users. What Happened: The dispute centers around Apple's control over its App Store, with the DOJ alleging anti-competitive practices. Insider...
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Former Windows Chief Lambasts DOJ For Invoking Steve Jobs In 'Weak' Apple Lawsuit: 'Horrible To Quote Jobs Knowing He Cannot Be Deposed'
Friday, March 22, 2024 - 9:54am | 693Former Microsoft Corp. executive Steven Sinofsky has weighed in on the ongoing Department of Justice (DOJ) lawsuit against Apple Inc. (NASDAQ:AAPL), after calling it "so weird." What Happened: Sinofsky took to X to share his thoughts on the lawsuit, which he believes is more about ideology and...
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Apple's Antitrust Lawsuit Could Spark Alternative Phone Demand, Says Ex-GOP Presidential Candidate: 'Maybe The Next Generation Of Steve Jobs...'
Friday, March 22, 2024 - 8:34am | 946Apple Inc. (NASDAQ:AAPL) is facing a new lawsuit from the U.S. Department of Justice or DOJ, and this development could potentially lead to a surge in consumer demand for alternative smartphones, according to entrepreneur and former presidential hopeful Vivek Ramaswamy. What Happened: In...
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Tesla Bull Ross Gerber Says DOJ's Apple Lawsuit Is 'Just About Money:' 'Has The DOJ Ever Won Any Of These Cases?'
Friday, March 22, 2024 - 8:22am | 705Tesla Inc. bull Ross Gerber has questioned the merit and timing of the antitrust lawsuit brought by the Department of Justice (DOJ) against Apple Inc. (NASDAQ:AAPL). What Happened: Gerber took to X on Thursday, expressing skepticism over the DOJ’s success in their recent cases and implying...
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Is Apple's Antitrust Suit A Gift For Loyalists? Jim Cramer Reminds Investors How DOJ Created 'Gigantic Buying Opportunity' Going After Microsoft 25 Years Ago
Friday, March 22, 2024 - 6:44am | 840As Apple, Inc. (NASDAQ:AAPL) finds itself in the crosshairs of antitrust regulators from both sides of the Atlantic, bullish market watchers have rallied to its defense. On Thursday, CNBC’s “Mad Money” host Jim Cramer and Gene Munster from ...
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Reddit, Apple, Nike, Lululemon, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, March 21, 2024 - 11:36pm | 705Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401....
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Apple Blamed For Amazon, Microsoft, And HTC's Smartphone Flops In DOJ's Latest Lawsuit Against iPhone-Maker
Thursday, March 21, 2024 - 9:49pm | 784On Thursday, the Department of Justice filed a lawsuit against Apple Inc. (NASDAQ:AAPL) blaming iPhone-maker for the lack of success of major companies like Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT) and HTC Corporation. What Happened: On Thursday, Bloomberg columnist Mark...