A federal judge denied a request from Epic Games to force Apple to reinstate Epic’s Fortnite game on the App Store while awaiting the results of an antitrust lawsuit.
U.S. District Court judge Yvonne Gonzales Rogers also ruled in favor of Epic, permanently granting a prior temporary order that stops Apple from retaliating against Epic by removing support for Epic’s Unreal Engine.
The antitrust lawsuit began August 13 when Epic announced a discount policy and direct payment mechanism for Fortnite that Apple and Google said violated their respective terms of service. Epic CEO Tim Sweeney has long argued that the 30% commissions the big companies take of every game transaction is unfair and that Epic should be able to directly sell its in-app goods to players for lower prices. Epic only charges 12% as a fee for developers in its own store.
WASHINGTON (Reuters) – The U.S. Supreme Court on Wednesday is set to consider whether to protect Alphabet Inc’s Google from a long-running lawsuit by Oracle Corp accusing it of infringing Oracle copyrights to build the Android operating system that runs most of the world’s smartphones.
The shorthanded court, down one justice following the death of Ruth Bader Ginsburg last month, is scheduled to hear oral arguments in Google’s appeal of a lower court ruling reviving the lawsuit in which Oracle has sought at least $8 billion in damages. The arguments will be held by teleconference because of the coronavirus pandemic.
A top executive at a Singapore firm seeking to buy Newcastle United has quit after police launched a probe into his activities, the company said Wednesday, the latest turmoil for the bid.
Bellagraph Nova Group, founded by two Singaporean entrepreneurs and a Chinese business partner, announced in August it was in “advanced talks” to buy the English Premier League team.
But the bid became mired in controversy over allegations that photos had been doctored to show the trio meeting with former US president Barack Obama, and other inconsistent claims.
Police then began investigating a company linked to Singaporean co-founders Terence and Nelson Loh, after an accounting firm lodged a report over unauthorised signatures on the group’s financial statements.
BN Group said in a statement that Terence Loh has now quit the firm to try and resolve the issues related to the police probe into Novena Global Healthcare.
Did you miss your window to preorder a PlayStation 5? It’s probably best you wait until more stock is made available, if eBay is anything to go by. For the princely sum of £7,600 ($9,800), you can buy yourself a standard “disk edition” (sic) PS5–with an extra controller(!)–from a British seller who’s aiming to make the biggest payday in history, and become the most legendary scalper in the south-east of England.
Based on the U.K.’s standard PS5 retail price of £449 ($579), plus the additional controller cost of £60 ($77), the listing boasts an incredible 1,393% mark-up on the recommended retail price. Luckily, the automatically applied PayPal Credit option is gracious enough to allow you to pay in 24 installments of just £359 ($463) per month, equivalent to the cost of 19.6 PS5s at U.S. cost price.
Hundreds of millions of dollars, much of it fronted by taxpayers, has been spent on cleanup so far, and the extent of the toxic devastation caused by the company still isn’t fully known. Yet Exide is asking for — and may well receive — permission to walk away from all future liability.
Ever since the contamination was discovered, Exide has worked to evade its full responsibility to Californians. The company failed to comply with environmental regulations, then largely escaped liability for its actions by hiding behind a 2015 non-prosecution agreement
Hedge fund Lucerne Capital, an investor in Altice Europe NV, has raised objections to billionaire Patrick Drahi’s plan to take the company private, saying his offer undervalues the company.
Altice’s founder and largest shareholder made an offer Sept. 11 to pay 4.11 euros a share through his Next Private vehicle, valuing the entire company at 4.9 billion euros ($5.8 billion). That represented a 24% premium over the previous day’s closing price.
The offer represents a “significant discount” to the shares, and is designed to squeeze out minority investors, the hedge fund wrote in a letter to the French telecommunications company’s board Thursday.
Lucerne Capital, founded in 2000, said it represents funds owning about 94 million euros of Altice Europe shares.
A representative for Altice was unable to provide immediate comment.
“Mr. Drahi is using the temporary lull in the share price, caused by Covid-19, to unlock the huge upside in
Oracle’s TikTok deal is seen as a PR and marketing coup for the enterprise firm, which could help raise its profile in the cloud where it faces stronger rivals Amazon, Microsoft, and Google.
Marketing is key element of Oracle’s cloud offensive as the tech giant seeks to change the narrative that it missed what has become the most important trend in the enterprise market.
Meet the 5 marketing superstars who are spearheading Oracle’s bid to portray the company as an emerging cloud giant.
Visit Business Insider’s homepage for more stories.
As Oracle grapples with the view that it’s an inconsequential player in the cloud, the tech behemoth has been pushing to tell a different story.
Big customer announcements have recently helped raise Oracle’s profile in cloud computing, including winning over Zoom, the popular video conferencing company, and video app TikTok, which will be a marquee client if the companies’ much-discussed,
WASHINGTON (Reuters) – A judge in Pennsylvania on Saturday rejected a request by three TikTok content creators who asked her to temporarily block a government ban on Apple Inc AAPL.O and Alphabet Inc Google GOOGL.O app stores offering the short-video sharing app for download set to take effect on Sunday.
The content creators argued they would “lose access to tens of thousands of potential viewers and creators every month, an effect amplified by the looming threat to close TikTok altogether.”
U.S. District Judge Wendy Beetlestone wrote that the ban is “undoubtedly an inconvenience” but said in denying the request “they will still be able to create, publish, and share content for their millions of current followers.”
A separate legal challenge from TikTok and Chinese owner ByteDance
Texas Tech inducted former wide receiver Michael Crabtree into its Ring of Honor on Saturday, nearly 12 years after he tore the hearts out of the then-top ranked Texas with his game-winning touchdown catch. A few hours later, the Longhorns returned the favor. Down 56-41 with 3:13 to play, No. 8 Texas reeled off a 22-point comeback that will go down as one of the most incredible endings in the history of this Big 12 rivalry.
It began following a 75-yard SaRodorick Thompson touchdown run that, seemingly, put the Red Raiders in front for good. Texas Tech had been hanging around all day but took a 42-38 lead heading into the fourth quarter and then began pulling away.
Texas Tech, to its credit, was playing well on defense, too. Texas had just 50 yards of offense on 31 plays with three offensive points through the first 26 minutes of the