Apple issues big statement against US ‘blockbuster’ lawsuit

Apple has responded to the United States’s lawsuit against the company, saying that it is wrong on the facts and that they will defend themselves against it. “We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it,” Apple said in a statement, according to CNN. A blockbuster antitrust lawsuit against Apple has been filed by the US Justice Department. In a recent string of Big Tech companies to face monopoly accusations from the US government, it’s the latest but largest. The American…

Donald Trump’s financial future hinges on shareholders’ decision

If shareholders decide in his favour on Friday, former president Donald Trump could get $3.4 billion richer.  This would happen if they approve his plan to make his Trump Media business public via merger with a special purpose acquisition company (Spac), Digital World Acquisition.  If approved by shareholders, this merger would allow Trump Media to sell shares on the stock market for the first time. The Spac, which is named Digital World Acquisition, plans to vote on merging with Trump Media this Friday.  However, there is a problem.  Digital World is…