On Thursday, 30 August 2018 Donald Trump in an interview lashed out at current technology companies of being in a very Antitrust situation. While talking to Bloomberg, the American President pointed out that these organizations are misusing their power and influence, but didn’t comment on whether they should be broken up or not. Donald Trump’s […]
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End of Magento 1 in 2018 appears to be just a faint rumor
Lately, we all have been listening to the news that Magento 1 is going to end this November 2018. Well, it appears to be a fuss to me as there is no reputable source available to confirm the authenticity of the news. Why the rumor spread in the first place? Actually, the rumor came out […]
Google loses its multi-billion dollar Antitrust Case against European Commission
We all are aware of the ongoing Android Antitrust case between Google and EU. In this case the European Commission alleged Google of having control of their Play Store in Android devices to stifle competition for search. On July 18th 2018, the European Union fined Google with $5B for favoring its own product in the […]
EU is all set to grant permission to Apple’s $400M Shazam buyout
According to a report, Apple is going to win EU Antitrust Approval to buy Shazam of worth $400M. It was announced by Apple last year and now EU is set to clear Apple’s Shazam buyout . This deal between EU regulators and the iPhone maker will help Apple in competing with the Spotify music app. The […]
Apple and Yahoo’s Game plus dispute: Apple again under Antitrust allegations in Japan
On Thursday, August 16, 2018, Apple was probed in Japan for anti-competitive practices against Yahoo game platform. Apple has been accused of applying pressure to prevent publishers from working with Yahoo’s Game Plus Platform. As per Japanese Media , the Fair Trade Commission (FTC) is investigating these antitrust allegations. The Whole Story In July 2017, […]
Apple’s Success Story: From being Defunct to being the First Trillion Dollar Company
Recently, Apple became the first $1 trillion company. Apart from being the biggest tech organization, it is best among its counterparts. From building a motherboard without a monitor and keyboard (Apple I) to the newest iPhone X (Behemoth), Apple has left every tech biggie behind. Apple, primarily being a product-based company focused on their iPhone […]
The long-running Antitrust battle between Qualcomm and Taiwan ended with a settlement
On 9th of August, 2018, Qualcomm, the largest chipmaker announced that a mutual settlement has been agreed between them and Taiwanese regulators in Antitrust abuse case over $774 million fine. Actually, last year in the month of October, Taiwan announced a fine on this chipmaker organization for increasing the licensing fees of the devices used […]
Trouble for Apple: might be next target of EU
European Commission claims that smartphone makers have failed in adopting universal compatibility and is planning to enforce a standard on them. It gives a signal that Apple might be the next target of EU. Actual Story: In 2009, 14 big companies like Nokia, Samsung, Apple etc. signed a memorandum, agreeing to harmonize their chargers for […]
New York City votes to limit ride-hailing companies like Uber and Lyft
Early on 8th of Aug, the ride-hailing service providers like, Uber Technologies, Lyft found themselves in the eyes of the storm. This time, it is New York City that has hit the brakes over the growth of the app-based ride-sharing companies. What is the cap proposed on Uber? The City Council has voted to halt […]
Without batting an eye, Apple says it has paid two third of its Irish tax bill
The tech giant, Apple on 1st August 2018, revealed in a regulatory filing that they have paid two-third of the $15.1B which as per EU Entrust regulator, it owes to Ireland in the back taxes. The whole story: European Commission alleged Apple of an illegal tax deal with the Irish tax authorities in the year […]