Epic Games vs Apple: could the court case fail?

Published

5 years ago

May 26, 2021

The judge at the centre of the Epic Games and Apply lawsuit has warned both parties that the outcome may not be favourable for either company

Neither Epic games nor Apple might win the Lawsuit

U.S. District Judge Yvonne Gonzalez Rogers says she thinks there will be no winner in the ongoing Epic Games vs Apple lawsuit.

She says she remains unconvinced that Apple’s App Store allows for any “real competition”.

The judge also questioned the motive behind Epic Games’ lawsuit against Apple. She said it could turn the Fortnite creator from “a multibillion-dollar company into a multitrillion-dollar company.”

Epic Games, the makers of Fortnite, file separate cases against Apple and Google

Epic Games accused the trillion-dollar companies of using their control of the iOS and Android markets to breach laws forbidding the misuse of market power.

And there does appear to be enough evidence for the judge to completely upend the $142 billion app store market.

Epic Games has filed legal papers in response to Apple, read more here: https://t.co/c4sgvxQUvb
— Fortnite (@FortniteGame) August 13, 2020

The trial revealed the stakes at play for both Epic Games and Apple

The judge assessed a range of options, ranging from leaving Apple’s App Store as it is, to ordering a radical overhaul of the company’s policies.

If she opts for the latter, it would completely change the market.

Apple’s App Store makes around $20 billion a year for the tech giant, meaning they have a lot to lose.

Epic Games also has a lot riding on the lawsuit. Apple removed Fortnite from its app store last year. The game made Epic $5 billion in 2020 from the App Store alone.

Australia’s consumer watchdog enters the showdown

This comes amid reports that Google may also enter the fray before a Federal Court appeal.

The decision could result in a US court determining if app stores run by tech Giants breach Australian competition law.

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

3 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

3 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

5 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue