Apple asks judge to toss antitrust lawsuit
Apple asked a US judge to dismiss a lawsuit by federal and state anti-trust regulators accusing it of illegally monopolising the smartphone market, saying the case would have a judge redesign its popular iPhone.
Apple was accused of an illegal monopoly on smartphones, which is allegedly maintained by imposing contractual restrictions on, and withholding critical access from, developers.
However, Apple argued that putting reasonable limitations on third-party developers’ access to its technology did not amount to anti-competitive behaviour, and forcing it to share technology with competitors would chill innovation. Apple also argued that the lawsuit fails to raise any evidence that its practices harm competition or consumers, who it says plausibly switch to a competitor if they dislike what iPhone features.
CrowdStrike sued by shareholders over software outage
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing details about how its inadequate software testing could cause global outages, like the one that crashed more than eight million computers on July 19.
In a proposed class action, shareholders said they learned that CrowdStrike’s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world. They said CrowdStrike’s share price fell 32% over the next 12 days, wiping out $25 billion of market value.
The complaint also cites statements including
