Category: Business

BusinessSoftware

UK Tribunal Rules Against Apple in Landmark App Store Commission Case

A British tribunal has ruled against Apple in a landmark class action lawsuit over App Store commissions. The case represents the first mass lawsuit against a tech giant under Britain’s new class action regime and could result in substantial damages.

UK Court Finds Apple Abused Dominant Position

A London tribunal has ruled against Apple in a significant class action lawsuit alleging the tech giant abused its market dominance through App Store commission fees, according to court documents. The Competition Appeal Tribunal (CAT) determined that Apple had engaged in anti-competitive practices by charging developers what the court described as excessive commissions of up to 30%.

by Aaron Blake
BusinessCybersecurity

Former L3Harris Cyber Executive Charged With Stealing Trade Secrets for Russia

Federal prosecutors allege a former L3Harris cyber division manager stole eight trade secrets and sold them to a Russian buyer. The Department of Justice is seeking forfeiture of $1.3 million in allegedly illicit proceeds from the scheme.

Federal Charges Against Defense Contractor Executive

The U.S. Department of Justice has formally accused a former L3Harris cybersecurity executive of stealing trade secrets and selling them to a buyer in Russia, according to court documents obtained by TechCrunch. The criminal information document, filed on October 14, alleges that Peter Williams stole eight trade secrets from two unnamed companies between April 2022 and August 2025.

by Gabriel Novak
BusinessStartups

Apple Weighs Starlink Partnership as Satellite Strategy Evolves, Reports Suggest

Apple is reportedly considering a strategic shift from Globalstar to SpaceX’s Starlink for iPhone satellite services. Sources indicate new technical capabilities and market dynamics could drive this potential partnership despite historical tensions between the companies.

Potential Shift in Apple’s Satellite Strategy

Apple may be preparing to partner with Elon Musk’s Starlink service for future iPhone satellite connectivity, according to recent reports from The Information. After years of relying on satellite provider Globalstar, analysts suggest Apple’s ambitions for expanded satellite features might require collaboration with SpaceX’s growing constellation. The technology giant has reportedly been evaluating options as its current satellite partner faces uncertainties and Starlink’s technical capabilities expand.

by Aaron Blake
BusinessInnovation

CFOs Elevate Pricing Strategy as Economic Pressures Mount, Deloitte Survey Reveals

Nearly all finance chiefs have overhauled pricing approaches in the past six months as competitive pressures and economic volatility intensify. The findings highlight pricing’s growing role as a core measure of business health and strategic priority.

Pricing Strategy Takes Center Stage

Chief financial officers across North America are reportedly making pricing strategy a top priority as they navigate an increasingly complex economic landscape, according to Deloitte’s latest CFO Signals survey. Sources indicate that 95% of finance chiefs have adjusted their pricing strategies within the past six months, with 86% expecting pricing to play an even greater role in financial performance over the coming year.

by Aaron Blake
BusinessStartups

Core Scientific Stock Upgraded as Standalone Prospects Outweigh Acquisition Hopes

Investment firm Roth Capital Partners has upgraded Core Scientific to buy despite fading acquisition prospects. Analysts suggest the company’s standalone value lies in leasing its substantial power capacity for high-performance computing applications.

Analyst Upgrade Amid Shifting Acquisition Landscape

Roth Capital Partners has reportedly upgraded Core Scientific shares from neutral to buy, according to recent analyst reports, even as the potential acquisition by CoreWeave appears less likely. Analyst Darren Aftahi simultaneously raised his 12-month price target to $23.50 from $17, suggesting a potential 32% gain based on the company’s standalone prospects.

by Aaron Blake