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The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple's privacy and security justification an "elastic shield": "Apple deploys privacy and security justifications as an elastic shield that can stretch or contract to serve Apple’s financial and business interests," it says. "Apple wraps itself...

In this article, we will look at the 15 US states with the highest labor shortages. We have also discussed the implications of the labor shortages for businesses. If you want to skip our detailed analysis, head straight to the 5 US States With The Highest Labor Shortages. The labor shortage gripping the United States […]...

The iPhone maker has fended off numerous legal challenges with a defense that its closed ecosystem is safer and better for users...

While the Justice Department’s antitrust lawsuit against Apple had been rumored for months, the complaint filed on Thursday against the iPhone maker by the Biden administration and 15 state attorneys general is nonetheless a stunner for Apple investors. The government contends that Apple violated antitrust laws by using an assortment of strategies to both cement the iPhone’s dominant position in the U.S. smartphone market and to build out a collection of services and peripherals that expands its power and reach. In a cruel twist, the Justice Department also contends that Apple’s longstanding self-positioning as a champion of user safety and privacy is largely a ruse intended to ensure control of the market for phones and related services...

It'll likely take years before the U.S. government's massive antitrust lawsuit against Apple is resolved — but the iPhone maker's troubles with European regulators offer a glimpse of what changes American customers may see down the line. The U.S. lawsuit seeks to stop Apple from undermining technologies that compete with its own apps in areas such as streaming, messaging and digital payments. The Department of Justice also wants to prevent the tech giant from building language into its contracts with developers, accessory makers and consumers that lets obtain or keep a monopoly...

The U.S. Department of Justice on Thursday sued Apple, accusing the consumer electronics giant of violating antitrust laws...

The Department of Justice has sued Apple (AAPL), which alleges that the tech giant is creating a monopolistic entity. NetChoice Vice President and General Counsel Carl Szabo joins Yahoo Finance Live to discuss why he believes the Department of Justice faces an "uphill climb" in this legal battle. According to Szabo, the monopoly accusations "just doesn't make sense." He points out that when Americans buy a smartphone, they have "two clear choices": Apple and Android devices, disbarring any assumptions of a monopoly. He notes as this legal battle continues, Apple's innovation efforts may be impacted "out of fear" of being accused of monopolistic practices. Szabo notes that as long as Apple can provide evidence that supports "business purposes for what they are doing," the courts will most likely rule in their favor. He suggests that many of the concerns raised by the DOJ can be "easily dismissed" due to the legitimate purposes they serve in relation to Apple products like security prevention and payment processing. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...

The US government has accused Apple of illegally abusing a monopoly over the smartphone market in a landmark legal challenge to the iPhone maker...

The United States Department of Justice has initiated an antitrust lawsuit against the tech giant Apple (AAPL), alleging that the smartphone manufacturer engages in monopolistic practices. According to the DOJ, Apple's business model restricts competition, resulting in harm to both developers and consumers. Yahoo Finance's Tech Editor Dan Howley breaks down the details, providing insights into the details of the suit. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...

“Buy your mom an iPhone,” Apple CEO Tim Cook said at a 2022 conference, when a reporter said her mother couldn’t see the videos she texted to her mom’s Android phone...