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Lawsuit claims Apple facilitates, benefits from illegal gambling on the App Store

  Apple has been hit with a lawsuit claiming that it hosts, facilities, and benefits from an illegal gambling enterprise on the App Store. The complaint, lodged in the U.S. District Court for the Northern District of California, takes aim at free-to-play social casino apps that allow users to buy in-game currency with real money. Like real slot machines and casinos, the lawsuit alleges that social casino apps are "extraordinarily profitable and high addictive." Unlike real casinos, however, it...
United States Donald Nelson Cheree Bibbs Us District Court Apple App Northern District

Apple donates Black Lives Matter mural from Portland store to nonprofit

  Apple this week donated a sprawling Black Lives Matter mural that was painted on barricades fronting Apple Pioneer Place in Portland, Ore., to nonprofit Dont Shoot PDX for safekeeping. The organization announced taking receipt of the large community-created art piece in a weekly newsletter, saying the panels "reflect the responses of so many that were witnesses to this summers uprisings and the joint call to action against institutionalized violence and white nationalism," reports The Oreg...
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Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

  Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio. In a note to investors seen by AppleInsider, analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter. "Our recent conversations suggest investors expect Apple to release solid, but not great, ...
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