DOJ sues Apple over iPhone monopoly in landmark antitrust case

The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is a monopoly that drove its “astronomical valuation” at the expense of consumers, developers and rival phone makers. The lawsuit claims that Apple’s anti-competitive practices extend beyond the iPhone and Apple Watch businesses, citing Apple’s advertising, browser, FaceTime and news offerings. “Each step … Read more

An Amsterdam court has ruled KLM’s sustainable aviation advertising misled consumers

THE HAGUE, Netherlands — In a decision hailed by an environmental group as a historic victory, an Amsterdam court ruled Wednesday that Dutch national airline KLM misled consumers in statements about sustainable aviation in a case that accused the carrier of “greenwashing.” Amsterdam District Court said in a statement that in some advertisements, that are … Read more

Reddit IPO Filings Reveal the Company’s Hopes—and Fears

The amount of time Reddit reports that users spend with its service hasn’t significantly budged either. In September 2021, the company said that US users on average engaged for 28 minutes a day. It ticked up to 30 minutes that December. In December of 2023, the company specified a figure only for “logged-in” US users, … Read more

Four reasons Walmart wants to buy smart TV maker Vizio

A worker walks past televisions, including the Vizio brand, on display in a Walmart Supercenter on February 20, 2024, in Hallandale Beach, Florida.  Joe Raedle | Getty Images Walmart is doing some shopping of its own. The retail giant announced last week that it plans to buy smart TV maker Vizio in a $2.3 billion … Read more

Martin Scorsese’s Squarespace Super Bowl Ad Wants You to Put Down Your Phone

Even on Zoom, Martin Scorsese knows how to frame the shot. Ostensibly he’s dialed in to talk about his new Super Bowl ad for Squarespace, but as he’s settling in, he adjusts the iPad he’s calling from to make sure his face is framed perfectly by the bookshelves behind him. It’s not so much vanity … Read more

China’s Temu to run second ad, $10 million giveaway

Sopa Images | Lightrocket | Getty Images Temu, the e-commerce app run by Chinese company PDD Holdings, plans to run a Super Bowl ad on Sunday, a spokesperson told CNBC, as it looks to continue growing rapidly in the United States. It’s rare for a Chinese firm to buy a Super Bowl ad spot, which costs … Read more

Temu returns to Super Bowl 58 with new commercial

Jakub Porzycki | Nurphoto | Getty Images Temu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The company, owned by PDD Holdings, skyrocketed to prominence last year after … Read more

$28 billion windfall after stock jumps

Facebook CEO Mark Zuckerberg is seen after fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released Oct. 28, 2021. Facebook | via Reuters Meta CEO and co-founder Mark Zuckerberg … Read more

Hulu Shows Jarring Anti-Hamas Ad Likely Generated With AI

Hulu ran an anti-Hamas ad that appears to be made using artificial intelligence to show an idealized version of Gaza—claiming this paradise destination could exist if not for Hamas. The 30-second spot, opening like a tourism ad, shows palm trees and coastlines. There are five-star hotels and children playing. People dance, eat, and laugh, while … Read more

The Murky Campaign to Discredit Lab-Grown Meat

Almy says that the suggestion that ingesting immortalized cells could be linked to cancer in humans was “so ludicrous as to be laughable.” “So few people have had cultivated meat or have access to it that it feels like these things that are being raised are more fearmongering than anything else,” she says. “It feels … Read more