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The Supreme Court is letting an antitrust lawsuit against Apple proceed, and it’s rejected Apple’s argument that iOS App Store users aren’t really its customers. The Supreme Court upheld the Ninth Circuit Court of Appeals’ decision in Apple v. Pepper, agreeing in...
Facebook will increase the hourly pay rate for thousands of contract workers across the United States, the company said today. Its base rate for contractors will rise from $15 an hour to $18, with slightly higher raises in cities...
The EU will soon start a formal antitrust investigation against Apple following Spotify’s official complaint, reports the Financial Times. Spotify claims that Apple uses its App Store to stifle innovation and limit consumer choice in favor of its own...
Disney is reportedly selling 21 Fox regional sports networks for $10 billion to Sinclair according to The Wall Street Journal. The 21 sports networks in question were part of Disney’s purchase of Fox and its assets in the blockbuster deal that...
Chinese Electronic Vehicle startup NIO has laid off 70 employees across two Silicon Valley offices, one of which is now closed, according to a filing with California’s Employment Development Department. The cuts started in early April, shortly after the...
A Japanese court has recently approved the release of Nissan ex-chairman Carlos Ghosn on a 500 million yen i.e $4.5 million, bail. Ghosn was arrested in November, released on bail in March but re-arrested in April on new allegations and...
Eric Schmidt will retire from Alphabet’s board this June, after 18 years of his service. His departure comes just over a year after Schmidt stepped down from his role as Alphabet’s executive chairman it also comes as...
On Monday, 29 April, Music streaming service Spotify announced that its paying subscribers have reached 100 million for the first time. Spotify reached the milestone by growing paid subscribers by 32-percent year-on-year. Including free subscribers, Spotify now has a total...