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U.S. Sues Apple, Accusing It of Maintaining an iPhone Monopoly (www.nytimes.com)

The department joined 16 states and the District of Columbia to file a significant challenge to the reach and influence of Apple, arguing in an 88-page lawsuit that the company had violated antitrust laws with practices that were intended to keep customers reliant on their iPhones and less likely to switch to a competing device....

AI unicorn Inflection abandons its ChatGPT challenger as CEO Mustafa Suleyman joins Microsoft (www.forbes.com.au)

“While no one predicted this specific outcome, we shouldn’t be surprised,” added the investor Benaich. “If antitrust regulators make [mergers and acquisitions] prohibitively difficult, we should expect these bizarre semi-exits to become more common.”

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