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Apple says India 'copy-pasted' rivals' claims in antitrust probe
Reuters Videos47d agobearishVIDEO
Apple says India 'copy-pasted' rivals' claims in antitrust probe

<body><p>STORY: Apple accused&nbsp;India’s antitrust watchdog of "copy-pasting" rivals' claims in the latest escalation of their ongoing fight.&nbsp;</p><p>Regulatory papers reviewed by Reuters showed that Apple said the body failed to conduct its own probe after it concluded the tech giant breached competition laws.</p><p>Apple has called for the findings to be quashed.&nbsp;</p><p>It marks the sharpest move yet in Apple's conflict with the Competition Commission of India (CCI)...</p><p>Where Tinder-owner Match and Indian firms like Paytm are among its opponents.</p><p>In 2024, India’s watchdog published a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system...</p><p>And that Apple wrongly mandated the use of its payment system.</p><p>Apple has denied the allegations.&nbsp;</p><p>The tech giant instead branded itself a “miniscule player” in India with a sub-6% share of India's smartphone market.</p><p>And said that any forced alterations to its App Store could disrupt its integrated business model.</p><p>Similar arguments by other big companies, like Alphabet’s Google in 2023, have failed to sway the watchdog.</p><p>The CCI and its head of investigations] did not respond to Reuters queries.</p><p>&nbsp;Apple also did not respond to requests for comment.</p></body>

Microsoft (MSFT) Faces EU Gatekeeper Move And Italy Antitrust Probe
Simply Wall St.47d agobearish
Microsoft (MSFT) Faces EU Gatekeeper Move And Italy Antitrust Probe

The European Commission has issued a preliminary decision to classify Microsoft Azure as a gatekeeper under the Digital Markets Act, signaling new potential obligations for the cloud platform in the EU. Italy's antitrust regulator has opened an investigation into Microsoft 365, focusing on how Copilot and Designer are integrated, how price changes are communicated, and the handling of customer migrations to higher priced plans. Both actions highlight growing regulatory attention on...

Gilead (GILD) Wins FDA Approval for Trodelvy in TNBC
Insider Monkey49d agobullish
Gilead (GILD) Wins FDA Approval for Trodelvy in TNBC

Gilead Sciences, Inc. (NASDAQ:GILD) is one of the 12 Most Profitable S&P 500 Stocks to Invest In. On June 25, 2026, the Food and Drug Administration approved Trodelvy from Gilead Sciences, Inc. (NASDAQ:GILD) for two indications in adults with triple-negative breast cancer. The first approval covers sacituzumab govitecan-hziy as a single agent for the first-line […]

Snap (SNAP) Faces Major Lawsuit Over Child Safety And Online Grooming Risks
Simply Wall St.50d agobearish
Snap (SNAP) Faces Major Lawsuit Over Child Safety And Online Grooming Risks

A major lawsuit has been filed against Snap Inc. that alleges Snapchat’s product design enabled a predator to groom and assault a minor. The case focuses on features such as disappearing messages, Quick Add, Bitmoji avatars, and location sharing, which are claimed to have increased child safety risks. The suit highlights broader law enforcement concerns about Snapchat’s role in global online grooming cases and raises new legal and reputational questions for NYSE:SNAP. Snap, trading on the...

Airbnb (ABNB) Faces Chicago Lawsuit Over Alleged Illegal Short Term Rentals
Simply Wall St.50d agobearish
Airbnb (ABNB) Faces Chicago Lawsuit Over Alleged Illegal Short Term Rentals

Chicago authorities have filed a lawsuit against Airbnb, alleging the company facilitated illegal short term rentals in the city. The case focuses on compliance with local regulations in a major U.S. urban market that is important for Airbnb’s global platform. The legal action raises fresh questions around how NasdaqGS:ABNB manages city level rules and relationships with regulators. Airbnb runs a global marketplace that connects guests with hosts offering short term stays, often in...

Saylor's Strategy shuts down rumors of being under investigation
Yahoo Finance Video50d agobearishVIDEO
Saylor's Strategy shuts down rumors of being under investigation

Scott Melker discusses rumors surrounding Saylor's Strategy, the brutal crypto week that took place, Kraken, bitcoin, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Apple (AAPL) Faces £3 Billion UK iCloud Lawsuit As Class Action Moves Ahead
Simply Wall St.50d agobearish
Apple (AAPL) Faces £3 Billion UK iCloud Lawsuit As Class Action Moves Ahead

Britain's Competition Appeal Tribunal has allowed a £3b collective lawsuit against Apple to proceed. The case alleges Apple abused its market position in iCloud storage by locking users into its ecosystem. Millions of UK iPhone and iPad users may be eligible to join the class action over alleged overcharging for iCloud subscriptions. Apple, traded as NasdaqGS:AAPL, now faces a large UK class action that directly targets its services business, an important revenue stream alongside hardware...

Tesla faces lawsuit from family of victim killed in Texas home crash
TheStreet51d agobearish
Tesla faces lawsuit from family of victim killed in Texas home crash

Tesla investors have placed a lot of eggs in the company's autonomous driving basket to justify its 338x trailing twelve-month price-to-earnings ratio. The S&P 500 currently has a TTMPE ratio of 32, according to Multpl. The company doubled down on its autonomous driving ambitions earlier this ...

Ford Recalls Continue to Cripple Brand
24/7 Wall St.51d agobearish
Ford Recalls Continue to Cripple Brand

Ford (NYSE: F) recalls this year have topped 1.2 million vehicles. While its poor 2006 track record is not nearly as bad as last year’s, the company’s quality promise has fallen apart again. And, while moves into battery technology have lifted the stock, there is reason for investors to be worried. Ford can’t get its ... Ford Recalls Continue to Cripple Brand

Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe
Benzinga51d agobearish
Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe

Tesla Inc. (NASDAQ:TSLA) is facing fresh legal and regulatory challenges following the National Transportation Safety Board (NTSB) announcement that it will examine the fatal Texas crash that took place last week involving a Model 3 sedan. NTSB Announces Probe According to a report by Reuters on Wednesday, the agency said it will investigate the incident, which is already under scrutiny of the National Highway Traffic Safety Administration (NHTSA). The collision occurred in Katy, Texas and resul

Hut 8 (HUT) Settles $2.35 Million Lawsuit As AI Data Centre Push Continues
Simply Wall St.52d agobearish
Hut 8 (HUT) Settles $2.35 Million Lawsuit As AI Data Centre Push Continues

Hut 8 (NasdaqGS:HUT) has agreed to a proposed $2.35 million settlement of a securities class-action lawsuit. The case focused on alleged undisclosed operational issues at a key mining facility tied to its 2023 merger with U.S. Bitcoin Corp. The company denies wrongdoing, but the settlement removes a legal overhang for existing and prospective shareholders. The resolution comes as Hut 8 pursues an AI data centre landlord model, including new leases and expansion into Miami. Hut 8, best known...

How a Targeted Valve Recall and Watchman Questions at Boston Scientific (BSX) Have Changed Its Investment Story
Simply Wall St.52d agobearish
How a Targeted Valve Recall and Watchman Questions at Boston Scientific (BSX) Have Changed Its Investment Story

Earlier in June 2026, the US Food and Drug Administration posted a Class II, firm-initiated recall of 9,750 Boston Scientific Orca sterile, single-use air/water and suction valves (lot 38400303, expiring January 20, 2029) after higher-than-expected reports of suction buttons sticking during gastrointestinal endoscopy procedures. The recall, which is ongoing and affects nationwide US distribution, highlights how even accessory devices can create operational and regulatory pressures for a...

Boston Scientific (BSX) Recalls Orca Valves Nationwide After Device Malfunction
Simply Wall St.52d agobearish
Boston Scientific (BSX) Recalls Orca Valves Nationwide After Device Malfunction

Boston Scientific (NYSE:BSX) has initiated a nationwide recall of its Orca Single Use Air/Water and Suction Valves. The recall is voluntary and follows identification of a device malfunction affecting procedures across the United States. The action reflects a material operational event for the company, with implications for patient safety oversight. Boston Scientific is a major medical device company, so a recall tied to endoscopy accessories like the Orca Single Use Air/Water and Suction...

YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases
Sky News52d agobearish
YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases

YouTube's owner, Google, has settled a lawsuit brought by a teenager suing the world's biggest social media companies over their role in the youth mental health crisis. The 16-year-old's lawyers said the terms of the settlement were confidential, but that TikTok, Snapchat, and Instagram are still set to face trial in July. Google spokesperson Jose Castaneda said‌ the lawsuit had been amicably resolved.

Lucid Group (LCID) Cuts 18% Of U.S. Jobs As COO Exits And Lawsuits Loom
Simply Wall St.52d agobearish
Lucid Group (LCID) Cuts 18% Of U.S. Jobs As COO Exits And Lawsuits Loom

Lucid Group (NasdaqGS:LCID) is cutting about 18% of its U.S. workforce and eliminating certain production shifts. The company is removing the chief operating officer role as part of a broader restructuring of its leadership structure. These changes come alongside class action lawsuits from shareholders alleging issues with supply chain quality and disclosure of delivery capabilities. Lucid Group is making sweeping changes at a time when its stock has fallen sharply over longer periods, with...

AI stock surges amid multi-million-dollar lawsuit
TheStreet53d agobullish
AI stock surges amid multi-million-dollar lawsuit

Shares of Hut 8 (NASDAQ: HUT) tumbled in the pre-market session on June 22 but recovered lost ground after the morning bell. The stock fell about 7% to $112.50 after closing the prior day down 2.73% at $121.04. But at press time, the shares were trading 2.36% higher inraday and trading near ...