May 2, 2025 - 07:55

A US judge has ordered Apple to promptly reduce its App Store fees, raising serious concerns about the company's compliance with legal directives. The ruling comes amid allegations that Apple may have attempted to conceal its actions, prompting the judge to recommend that criminal prosecutors investigate the situation further. This decision could have significant financial implications for Apple, potentially jeopardizing billions in revenue generated through its App Store.
The judge's remarks pointedly criticized CEO Tim Cook, suggesting that he "chose poorly" in how the company responded to previous orders regarding App Store practices. The implications of this ruling extend beyond just financial penalties; it raises questions about the integrity of Apple's business operations and its commitment to regulatory compliance. As the case unfolds, stakeholders and consumers alike will be watching closely to see how Apple navigates these challenges and what changes may occur in its App Store policies moving forward.
January 30, 2026 - 00:27
Gold tumbles to $5,300, silver sinks from record as precious metals rally enters 'dangerous phase'Gold and silver prices experienced a significant downturn, with gold falling sharply and silver sinking from its recent record highs. This abrupt reversal signals what analysts are calling a...
January 29, 2026 - 05:19
Federal Reserve live coverage: Fed holds interest rates steady in first policy meeting of 2026 in split decisionThe Federal Reserve announced its decision to maintain the current benchmark interest rate, marking a pause in its monetary policy at the opening meeting of 2026. This widely anticipated move,...
January 28, 2026 - 11:13
Aben Gold Closes Private Placement FinancingAben Gold Corp. has successfully closed a non-brokered private placement financing, raising total gross proceeds of CAD $400,000. The company allotted and issued 5,000,000 units at a price of CAD...
January 27, 2026 - 21:40
GM is 'specially positioned' for success, this analyst saysGeneral Motors` recent fourth-quarter earnings surpassed analyst expectations, sparking positive discussions on the company`s trajectory. According to one leading auto industry analyst, the...