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The antitrust lawsuit against Apple that could dethrone the iPhone, explained

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…

Who could buy TikTok if Congress enacts a ban?

The Senate is now considering a bipartisan bill that could force a sale of TikTok, with the House having already passed a similar measure and President Joe Biden throwing his support behind it. If the legislation is signed into law — and if it survives likely legal challenges — the question then becomes: Who would buy TikTok? The bill would require the app’s Chinese parent company ByteDance to sell the social media platform within 165 days of the law going into effect or else the platform will be banned from US app…

The Fantastic Four movie could take place in the MCU’s past

Marvel Studios has finally announced the cast of The Fantastic Four, after what feels like months of anticipation (and almost five years after the movie was announced in the first place). Unusually, the predictable and buttoned up production studio dropped the news on Wednesday with... an illustrated Valentine depicting Marvel’s first family relaxing at home. And the details of that home already seem to separate The Fantastic Four from most of its Marvel brethren, raising one question... Is The Fantastic Four a period…

Grocery prices are higher than ever — could chains like Walmart help?

In 2022, grocery prices rose more than they had in over four decades, since the “great inflation” of the 1970s. The hair-raising climb has finally stopped, but the pain remains: We’re still paying 25 percent more for groceries than we did in 2019. A pound of ground beef in December 2019 was $3.86 — in December 2023 it was $5.21. A 16-ounce bag of potato chips went from $4.53 to $6.40. The price of a 12-ounce can of soda rose almost 64 percent. Consumer prices tend to go only one way — up. Despite a falling inflation…

A New York Times copyright lawsuit could kill OpenAI

If you’re old enough to remember watching the hit kid’s show Animaniacs, you probably remember Napster, too. The peer-to-peer file-sharing site, which made it easy to download music for free in an era before Spotify and Apple Music, took college campuses by storm in the late 1990s. This did not escape the notice of the record companies, and in 2001, a federal court ruled that Napster was liable for copyright infringement. The content producers fought back against the technology platform and won. But that was 2001 —…