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The attorney-client privilege is the oldest of the common law privileges for withholding confidential communications recognized in American jurisprudence. It allows a person to seek...
(Bloomberg) -- Apple Inc.’s attempts to justify the 27% fee it charges developers for purchases outside its App Store backfired as a skeptical federal judge questioned an executive about a company-commissioned study showing half that rate would be reasonable.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden o
A U.S. district judge's criticizes Apple's decision to charge a 27% commission fee on in-app purchases. Read more here.
(Bloomberg) -- A closed-end fund that holds shares of private technology firms like Elon Musk’s SpaceX, OpenAI and Epic Games Inc. has been mostly defying gravity since its debut a month ago, until now. Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Mak
Epic Games argues that Apple is not complying with the injunction. The court has set a three-day hearing beginning on May 8, 2024.