Apple’s App Store has left users and developers “trapped” in an anticompetitive marketplace, Epic Games attorneys said at the start of an antitrust trial in the US.
Author: Agency Staff
Verizon Communications has agreed to sell its media unit, which includes Yahoo and AOL, to Apollo Global Management for $5-billion, as it looks to offload its digital media business.
Epic Games faces an uphill legal battle against Apple in an antitrust trial starting this week, and a defeat for the maker of Fortnite could make it harder for regulators to pursue a similar case.
Taiwan Semiconductor Manufacturing Co expects to be able to catch up with the “minimum requirement” of customer demand for car chips by the end of June, its chairman said.
Ether broke past $3 000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin.
South African Airways on Friday exited business rescue after 17 months. SAA was placed under administration in December 2019, and its longstanding financial woes worsened during the Covid-19 pandemic.
DNG Energy, a South African gas company, has sued to halt the government’s award of emergency power supply contracts, alleging that the process was tainted by corruption.
Apple is set for another showdown with the European Union’s antitrust chief as she escalates an antitrust probe over its App Store.
Twitter has given a disappointing revenue forecast, a sign the social media service hasn’t fully capitalised on the digital advertising boom amid the pandemic.
The global chip shortage is going from bad to worse with car makers on three continents joining tech giants Apple and Samsung Electronics in flagging production cuts and lost revenue from the crisis.