Google Found to Hold an Illegal Monopoly in Antitrust Case
Google has lost an antitrust case over its smartphone search system, with a federal court ruling that the tech giant illegally held a monopoly on search and text advertising for the past decade. “After careful consideration of the witness testimony and evidence, the Court reaches the following conclusion: Google is a monopoly and has acted […]
Woke Capitalism Is a Monopoly Game
In 2018, Ross Douthat of the New York Times introduced the phrase “woke capital.” Essentially, Douthat suggested that woke capitalism works by substituting symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical placebos in lieu of costlier economic concessions, such as higher wages and better benefits. The same gestures of wokeness also appease the liberal […]
Florida man, Ryan Howard, allegedly tells police he is ‘Mr. Monopoly,’ goes directly to jail
A Florida man suspected of defacing a soundproof wall in St. Petersburg was arrested after claiming his name was “Mr. Monopoly” and that he was born on April 20, 1969, according to court documents. According to court documents obtained by Fox News Digital, Ryan Howard (who is 33, not 55) was arrested Saturday and charged […]
Justice Department sues Ticketmaster and Live Nation over live event monopoly
In a move that will primarily affect music but could have ramifications in the sports world, the Department of Justice announced Thursday that it would move forward with a lawsuit against Ticketmaster and its parent company, Live Nation Entertainment. The lawsuit alleges serious antitrust violations that the government alleges are a consortium trying to dominate […]
Google Tries to Weasel Its Way Out of Trial in Ad Monopoly Case with Payoff
Google has reportedly offered to pay the full amount of monetary damages sought by the agency to the U.S. Department of Justice to prevent its ad monopoly case from being tried by a jury. register report Tech giant Google, the company facing an antitrust jury trial for allegedly monopolizing the online advertising market, has taken […]
Apple slams DOJ antitrust lawsuit alleging smartphone monopoly, urges dismissal
Apple on Tuesday will ask a U.S. judge to dismiss a lawsuit filed in March by the Justice Department and 15 states that accuses the iPhone maker of dominating the smartphone market, harming smaller competitors and jacking up prices. It was announced that. “Apple is not a monopoly and faces intense competition from existing rivals,” […]
Regulating AI won’t protect Americans; it’s about Big Tech having a monopoly
The more I read and write about AI, the more I become convinced that Big Tech incumbents absolutely have to strangle decentralized AI in its cradle before it destroys everything. Let’s look at this interview Ben Thompson collaborated with OpenAI’s Sam Altman and Microsoft CTO Kevin Scott. Pay special attention to the following parts. From […]
Margot Robbie Producing ‘Monopoly’ Movie: REPORT
Lionsgate and Hasbro reportedly announced that Margot Robbie is making a Monopoly movie. The major studios revealed the big news as part of the CinemaCon conference Wednesday in Las Vegas, according to The Associated Press. Robbie’s production company LuckyChap got “Barbie” produced and released after many years of being stuck in the development stage. The […]
Apple Stock Stalls After U.S. Files Monopoly Suit. What Wall Street Is Saying. – Barron's
Apple shares were little changed at $171.48 in Friday’s premarket, after falling 4.1% amid a lawsuit filed by the Justice Department against the iPhone maker. Stock will be cut on Thursday. Wall Street analysts were weighing how big a threat this legal action could pose to the company. Wedbush maintains an Outperform rating on Apple […]
DOJ Sues Apple In ‘Landmark iPhone Monopoly’ Case
(Photo by Josh Edelson/AFP via Getty Images) OAN’s Avril Elfie6:27pm – Thursday, March 21, 2024 The US Department of Justice (DOJ) has filed a lawsuit against Apple, accusing the company of monopolizing the smartphone market. advertisement Attorneys general from 15 states and the District of Columbia are joining this civil lawsuit, which seeks to challenge […]