Saturday, May 10, 2025

How Apple created a legal mess when it skirted a judge's ruling

After a court ordered Apple to allow external payment links in apps, internal debates ensued over preserving its App Store revenue. CEO Tim Cook chose a 27% commission, despite legal risks. A judge later ruled Apple lied, withheld evidence, and defied court orders, damaging its credibility in ongoing global antitrust cases.

from Tech-Economic Times https://ift.tt/hM9HnRj

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...