U.S. Attorney General Merrick Garland, joined by 16 other state and district attorneys, has filed a civil antitrust lawsuit against Apple for “monopolization or attempted monopolization” of the smartphone market. The move comes after years of regulatory scrutiny triggered by complaints from companies who compete against Apple or rely on it to do business and pay hefty fees for doing so. The charges center on the iPhone, which has an estimated 60 percent share of the U.S. smartphone market and is seen as an essential platform for anyone that wants to reach mobile consumers. Continue reading U.S. Targets Apple Smartphone Monopoly in Antitrust Lawsuit

Elon Musk is seeking a payments system for Twitter as he pursues his plan to make it a “super app” along the lines of China’s WeChat. Musk outlined his vision in a live presentation on Twitter Spaces to more than 100,000 users and advertisers, including reps from Adidas, Kate Spade, Nissan and Walgreens. Musk has been brainstorming with confidants over ways to improve Twitter and make it profitable. Last week, Twitter filed registration paperwork with the Treasury Department for approval to add payments. Meanwhile, top privacy and security executives are leaving the company after Musk told employees “bankruptcy isn’t out of the question.” Continue reading Musk Takes to Twitter Spaces to Share Plans for the Platform

Bluesky, a decentralized platform conceived by Jack Dorsey while he was CEO of Twitter, has generated more than 30,000 waitlist signups as it prepares for a private beta launch of Bluesky Social. Bluesky’s main innovation is the Authenticated Transport (AT) Protocol, described as a networking technology “to power the next generation of social applications.” AT Protocol is an open standard designed to allow different social apps the ability to interoperate, giving users more control by letting them independently adjust algorithm settings or move profiles without losing data. Continue reading Incubated at Twitter by Jack Dorsey, Bluesky Launching Beta