department of justice
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Feds Sue Adobe for ‘Trapping’ Customers in Long, Expensive Subscriptions
The U.S. government sued Adobe on Monday for allegedly “trapping” customers in its default, most lucrative subscription plan. In a complaint, the Department of Justice (DOJ) writes that Adobe locks customers into a year-long agreement that’s not effectively disclosed as such, and “ambushing” users with hefty hidden fees when they try to cancel. The DOJ…
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Google Witness Spills How Much Apple Gets From Safari Search Revenue
Google pays Apple 36% of its search advertising revenue from Safari, according to new details brought to light in Google’s search antitrust trial on Monday as reported by Bloomberg. The mere utterance of the number, which Google and Apple have tried to keep sealed, caused Google’s main litigator John Schmidtlein to visibly cringe. “Like the…
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All That Could Have Been: Apple Considered Buying Bing From Microsoft
Exploratory talks between big-wigs at Apple and Microsoft in 2020 reportedly included discussions of Apple taking on the beleaguered search engine.
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Former OpenSea Product Manager Arrested and Charged in Alleged NFT Insider Trading Scheme
Watch out intrepid web3 entrepreneurs, the feds are cracking down on insider trading. Former OpenSea product manager Nate Chastain was arrested by the FBI early Wednesday morning in New York City and charged with wire fraud and money laundering in connection with an elaborate NFT insider trading scheme. In a press release, The Department of…