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The Biden administration filed a sweeping antitrust lawsuit against Apple Thursday that targets a product that has long been the major revenue driver for the company’s $2.76 trillion business: the iPhone. The Department of Justice, joined by 16 state attorneys general, accused Apple in a New Jersey federal court of maintaining a monopoly on the US market for smartphones, of which the iPhone makes up 65 percent. The complaint alleges that Apple has deliberately thwarted apps, products, and services that would make it…

Hedge fund billionaire Bill Ackman has a lot of opinions, and he’s going to make sure you hear them. How Ackman came to be a main character at the center of not one but two academic plagiarism scandals is a messy tale indeed. It started with Ackman amplifying allegations of academic dishonesty leveled against Harvard University president Claudine Gay by right-wing activists; Gay resigned from her post in early January due to the controversy. Ackman, who is Jewish, first set his sights on Gay after she failed, in his…