court decision

AppWizard
August 1, 2025
On July 31, Alphabet Inc. (GOOG) declined by 2.32% with a trading volume of 0.36 billion, making it the 14th most liquid stock. This decline followed a ruling by the U.S. 9th Circuit Court of Appeals that upheld a federal court decision requiring Google to change its Android app store policies to allow third-party app stores and alternative payment systems. The court rejected Google's arguments against the ruling, which was initially based on findings of anticompetitive practices. Google plans to appeal the decision, while Epic Games CEO Tim Sweeney called it a "total victory" and plans to launch the Epic Games Store on Android. The court also dismissed Google's defense regarding competition with Apple's app store. Separately, a strategy of acquiring the top 500 stocks by daily trading volume for one day yielded a return of 166.71% from 2022 to the present, significantly outperforming the benchmark return of 29.18%.
AppWizard
April 14, 2025
Rory McIlroy won The Masters, achieving his career Grand Slam. Paramount is experiencing a strong start to Q2, with Cooper Flagg helping Duke achieve an 8-year ratings high and the men's championship game attracting 18.1 million viewers. The Naked Gun debuted successfully at CinemaCon, and MI:8 is projected for a record opening. 60 Minutes is performing well despite political challenges, and MobLand garnered 8.8 million global viewers in its first week on Paramount+. WBD paid its top 5 executives over million in compensation in 2024, while its stock was down approximately 7%. The source of autism is expected to be discovered by September, according to RFK Jr. Cosmopolitan is launching a sports content outlet called Cosmo Sports, and OpenAI is offering free ChatGPT Plus to college students through May. Disney is discounting at Disney World this summer, likely due to the upcoming opening of Universal's Epic theme park. Director Don Mischer passed away at the age of 85.
AppWizard
November 28, 2024
Microsoft's plans to enhance its Android Xbox app with a feature allowing US players to purchase and play Xbox games directly from their mobile devices have been delayed due to a "temporary administrative stay" granted by a court. This feature was initially set to launch this month, following a court ruling that required Google to open its Play Store to competitors for three years. Despite the feature being fully developed, Microsoft is unable to launch it until the court reaches a final decision. Xbox president Sarah Bond stated the team is ready to activate the feature as soon as possible. Google spokesperson Dan Jackson claimed that Microsoft has always had the ability to allow purchases through its app but chose not to. The court ruling also identified Google as operating a monopoly and deemed the mandatory use of Google Play Billing illegal.
BetaBeacon
October 8, 2024
A US judge has ruled that Google must allow rival app stores access to its Android smartphone operating system, following an antitrust case brought by Epic Games. The injunction, which Google is appealing, restricts certain anticompetitive practices for the next three years, including revenue sharing with potential competitors and requiring developers to exclusively launch apps on the Play Store. Despite being applicable only in the US, Epic Games CEO Tim Sweeney sees this as an opportunity to create a more competitive Android ecosystem. Phones running on the Android operating system hold a 70% share of the global smartphone market.
Search