Epic Games on Monday will try to overturn portions of a court ruling in an antitrust trial last year that largely favoured Apple. The “Fortnite” creator sued Apple in 2020 alleging that the iPhone maker’s App Store rules, under which software developers must pay commissions of up to 30 percent on in-app purchases, violated US antitrust law.
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The Japanese government will pour half a billion dollars into a new project to develop and make next-generation microchips, chief cabinet secretary Hirokazu Matsuno said Friday. Eight major companies including Sony, SoftBank, Toyota, and telecoms giant NTT have joined forces for the venture, Japanese media reports said. The new firm, named Rapidus, will develop and
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Disney+’s adorable new short film, “Zen – Grogu and Dust Bunnies,” premiered on Saturday, November 12. From Lucasfilm and Japanese animation house Studio Ghibli, the hand-drawn short film will excite many fans as it features Grogu–a.k.a Baby Yoda or The Child–from the “Star Wars” series “The Mandalorian” and the coal dust bunnies from “Spirited Away.”
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Apple’s mixed reality headset is in the works and is tipped to be launched next year. The headset that combines elements of virtual and augmented reality is considered Apple’s next big bet after the success of its smartphones. A report by Bloomberg says that the Cupertino giant is reportedly continuing to hire engineers for the
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Apple is heading into a courtroom faceoff against the company behind the popular Fortnite video game, reviving a high-stakes antitrust battle over whether the digital fortress shielding the iPhone’s app store illegally enriches the world’s most valuable company while stifling competition. Oral arguments Monday before three judges on the Ninth Circuit Court of Appeals are
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India has lifted the download ban on VLC, more than nine months after it mysteriously blocked the official website of the popular media playback software in the South Asian market. VideoLAN, the popular software’s developer, filed a legal notice last month seeking an explanation from the nation’s IT and Telecom ministries for the block order.
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Instances of racial slurs have soared on Twitter since Elon Musk purchased the influential platform, despite assurances from the platform that it had reduced hateful activity, a digital civil rights group reported Thursday. Researchers at the Center for Countering Digital Hate found that the number of tweets containing one of several different racial slurs soared
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Collapsed crypto exchange FTX said on Saturday it was moving funds into offline storage following a series of “unauthorised transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform. FTX US general counsel Ryne Miller said in a tweet on Saturday that the exchange was expediting the process of shifting
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Mahindra reported a better-than-expected second-quarter profit on Friday, driven by strong demand for its passenger vehicles and farm equipment. The Indian automaker posted a sharp 46 percent jump in profit as total vehicles sold soared 75 percent from a year ago to 174,098 units, while it had open bookings for more than 260,000 sports utility
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At least $1 billion (nearly Rs. 8,050 crore) of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion (nearly Rs. 80,500 crore) of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A
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Apple and Amazon were accused in an antitrust lawsuit on Wednesday of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple products from Amazon’s website. The proposed class action in Seattle federal court objected to an agreement that took effect in January 2019, under which Apple gave Amazon
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