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Italy's antitrust regulator probes Apple over cloud services under Digital Market rules
Reuters61d agobearish
Italy's antitrust regulator probes Apple over cloud services under Digital Market rules

Italy's competition regulator said on Tuesday it had ‌opened an investigation into Apple over ‌compliance with interoperability obligations, under the European Digital ​Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of ‌charge with hardware ⁠and software components controlled through the group's iOS and iPadOS ⁠operating systems, and have equal access as Apple's iCloud service.

Microsoft Faces Azure And Copilot Lawsuit As Copilot Adoption Grows
Simply Wall St.61d agobearish
Microsoft Faces Azure And Copilot Lawsuit As Copilot Adoption Grows

Shareholders have filed a proposed securities class action, City of St. Clair Shores Police and Fire Retirement System v. Microsoft Corp., alleging misstatements around Azure and Copilot AI progress. The lawsuit focuses on disclosures about operational challenges, capacity tradeoffs, and slower than expected subscription conversions to Copilot. At the same time, Microsoft 365 Copilot is gaining traction through new integrations with NHS England, Wix, and third party solutions like Nurix...

Target Baby Wipes Recall Tests Up And Up Brand And Stock Momentum
Simply Wall St.62d agobearish
Target Baby Wipes Recall Tests Up And Up Brand And Stock Momentum

Target has initiated a voluntary nationwide recall of certain Up & Up baby wipes after FDA testing detected harmful bacteria in specific batches. The recall follows reports of serious infections potentially linked to the affected products, raising health concerns for infants and young children. This development creates additional reputational and regulatory scrutiny for Target as it manages product quality and safety across its private label portfolio. For investors watching NYSE:TGT, this...

Did Frank Del Rio’s US$75 Million Lawsuit Just Shift Norwegian Cruise Line’s (NCLH) Governance Risk Profile?
Simply Wall St.62d agobearish
Did Frank Del Rio’s US$75 Million Lawsuit Just Shift Norwegian Cruise Line’s (NCLH) Governance Risk Profile?

Former CEO Frank Del Rio has filed a US$75.00 million lawsuit against Norwegian Cruise Line Holdings and its board over an alleged breach of his post-retirement consulting agreement, accusing the company of fraud and misleading shareholder disclosures about his compensation. This governance dispute puts Norwegian’s board oversight, executive pay practices, and disclosure quality under the microscope at a time when the company is working to reinforce investor confidence in its turnaround...

Lawsuit Tests Microsoft AI Story While Shares Trade Below Valuation Estimates
Simply Wall St.63d agobearish
Lawsuit Tests Microsoft AI Story While Shares Trade Below Valuation Estimates

A securities class action lawsuit has been filed against Microsoft, alleging misleading statements about its AI and Copilot products, capital expenditure choices, and market share trends. The complaint focuses on claims around Copilot's user experience, competitive position, and internal GPU and CPU resource allocation that allegedly affected Azure growth and commercial adoption. Investors are watching for potential reputational and financial implications, as well as any impact on...

POET Technologies Lawsuits Heighten Legal Risk And Raise Disclosure Questions
Simply Wall St.63d agobearish
POET Technologies Lawsuits Heighten Legal Risk And Raise Disclosure Questions

Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET). The suits allege misleading statements about its tax status, business agreements, and internal controls. The lawsuits follow the cancellation of major purchase orders and related operational consequences, which plaintiffs claim were tied to misrepresented information and confidentiality issues. Investors are confronting new legal and reputational risks for the company, alongside heavy share...

Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence
Simply Wall St.64d agobearish
Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence

Costco Wholesale (NasdaqGS:COST) has issued a recall of Lactantia UltraPur Milk due to a food safety risk. The company is also seeking dismissal of a lawsuit that challenges advertising claims related to its rotisserie chicken. Both developments focus attention on Costco's product quality controls, consumer protections, and marketing practices. For a warehouse club retailer like Costco, where members often buy food in bulk, any recall tied to a food safety issue goes straight to the heart...

Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits
Simply Wall St.64d agoneutral
Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits

In early June 2026, Lucid Group began rolling out a major over-the-air update for its Gravity SUV in North America, adding hands-free highway driving, richer Google-powered navigation data, and enhanced charging and visibility features for vehicles equipped with the optional DreamDrive 2 Pro system. At the same time, Lucid is grappling with a series of securities class action lawsuits alleging that management misrepresented supplier quality problems that disrupted Gravity deliveries and hurt...

Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
Simply Wall St.65d agobearish
Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus

Uber Technologies (NYSE:UBER) has filed a lawsuit against New York City to block enforcement of a new law that limits when it can deactivate drivers. The company argues the law threatens rider safety and violates its constitutional rights. The case centers on how much control ride hailing platforms can retain over driver access to their apps. For investors watching NYSE:UBER, this dispute goes to the core of how the company runs its ride hailing marketplace. Uber operates a global platform...

Frank Del Rio Lawsuit Puts Norwegian Cruise Governance Under Investor Focus
Simply Wall St.66d agobearish
Frank Del Rio Lawsuit Puts Norwegian Cruise Governance Under Investor Focus

Former CEO Frank Del Rio has filed a lawsuit against Norwegian Cruise Line Holdings (NYSE:NCLH) and its board. The suit alleges breach of contract, fraud, and misleading shareholder disclosures tied to his retirement consulting agreement. The case places corporate governance, executive pay decisions, and board oversight under close scrutiny. Norwegian Cruise Line Holdings operates as a global cruise company, with its performance closely tied to travel demand, consumer spending, and capacity...

Riot Platforms Balances Cooling Lawsuit Risk With Nuclear Powered AI Ambitions
Simply Wall St.68d agobearish
Riot Platforms Balances Cooling Lawsuit Risk With Nuclear Powered AI Ambitions

Riot Platforms (NasdaqCM:RIOT) is facing a patent infringement lawsuit from Green Revolution Cooling Inc. related to data center cooling technology. The company has announced a collaboration with Terrestrial Energy to use molten salt nuclear reactors to power future AI data centers. Both developments focus on Riot's data center operations and potential future energy footprint for AI workloads. Riot Platforms, trading at $25.69, has been a volatile stock, with the share price up 81.4% year...

Italy regulator drops investigation into Meta's WhatsApp AI bot
Reuters68d agobearish
Italy regulator drops investigation into Meta's WhatsApp AI bot

Italy's competition authority ‌said on ‌Monday it had dropped ​an investigation into Meta Platforms over allegations the company ‌abused its ⁠dominant position by installing its ⁠artificial intelligence tool on messaging ​service WhatsApp. The ​investigation ​had been ‌launched in July 2025. The regulator, known as AGCM, said it closed its ‌probe because the ​European ​Commission ​had extended ‌its own investigation into ​the ​same issue to include the ​Italian ‌territory.

The Air India Report Is Coming. What It Means for Boeing.
Barrons.com69d agobearish
The Air India Report Is Coming. What It Means for Boeing.

Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.

Target Baby Wipes Recall And What It Could Mean For TGT Stock
Simply Wall St.70d agobearish
Target Baby Wipes Recall And What It Could Mean For TGT Stock

Target has issued a voluntary nationwide recall of select Up & Up baby wipes after FDA testing found contamination with Burkholderia cepacia complex and Burkholderia gladioli bacteria. The recall affects multiple lots of a popular store brand product used primarily by infants and young children. Target is advising customers to stop using the affected wipes and return them to stores for a refund. For investors watching NYSE:TGT, this recall lands at a time when the stock is trading around...

Apple AI Lawsuit Settlement Puts Spotlight On iPhone Marketing And Risk
Simply Wall St.71d agobearish
Apple AI Lawsuit Settlement Puts Spotlight On iPhone Marketing And Risk

Apple, ticker NasdaqGS:AAPL, has agreed to a $250 million settlement in a class-action lawsuit. The case centers on claims that 2024 iPhone models misrepresented artificial intelligence features to consumers. The settlement is subject to court approval and could result in payments to eligible customers. For a company whose flagship iPhone line underpins both hardware sales and services revenue, any legal dispute tied directly to product marketing tends to draw close investor attention. The...

Ford recalls 420,000 SUVs for a dangerous issue
TheStreet72d agobearish
Ford recalls 420,000 SUVs for a dangerous issue

Ford knows it has a problem with recalls: it is once again leading all other auto manufacturers by a large margin so far in 2026. CEO Jim Farley has said improving the quality of its vehicles is Ford's "largest near-term opportunity" to lower costs. Ford has issued 40 recalls so far this year. ...

Apple’s Indian Antitrust Probe Meets Growing iPhone, AI And Services Story
Simply Wall St.72d agobearish
Apple’s Indian Antitrust Probe Meets Growing iPhone, AI And Services Story

Apple has agreed to submit local financial statements to India's competition authority as part of an ongoing antitrust probe into alleged abuse of dominance. The case comes at a time when Apple's iPhone business and production footprint in India are expanding and the company is rolling out new integration features such as native bill splitting. This development arrives ahead of an expected AI focused Siri update at WWDC, raising questions about potential regulatory penalties in a key...