• Apple March 21, 2024 9:12 pm

    Apple sued by Biden administration over alleged iPhone ‘monopoly power'

    A federal lawsuit is sending shockwaves through Silicon Valley Thursday. The Department of Justice, along with more than a dozen states — including California — have filed suit claiming Apple is trying to monopolize the smartphone business. NBC Bay Area’s Business and Tech Reporter Scott Budman explains how among those hit the hardest are Apple shareholders.

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