Alphabet
Apple to urge judge to end US smartphone monopoly case
Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
3M
Wall Street tumbles as yields jump; Verizon slides
U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
Alphabet
Wall St edges lower as volatile week draws to a close
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
Amazon.com
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
Alphabet
US safety probe into Waymo self-driving vehicles finds more incidents
The National Highway Traffic Safety Administration said it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles.
Agreements
Comcast pulls Bally Sports channels, imperiling US broadcaster’s restructuring
Comcast stopped broadcasting Bally Sports channels taking some MLB games off the air.
Alphabet
Wall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
$1.2 billion contract
Google terminates 28 employees for protest of Israeli cloud contract
Google said it had terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government.
Advanced Micro Devices
Google unveils Arm-based data center processor, new AI chip
Google revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
AirTags
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
The U.S. Department of Justice and 15 states sued Apple, alleging it drove up prices for its services and hurt smaller rivals.