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BOC's Rogers: 'More Positive' About Developments Since Rate Pause -- Market Talk
Apple defends against the judge's ruling to prevent changes in app store payment rules.
Apple Inc. (AAPL) is urgently seeking to suspend the enforcement of Judge Rogers' injunction— which requires Apple to allow developers to add third-party payment links for in-app purchases. In a motion submitted to the Ninth Circuit Court, Apple claims that this "extreme intervention" in its App Store will cause "irreparable harm." Apple alleges that the ban issued last week (originating from the Epic Games antitrust case) exceeds reasonable limits, as it not only prohibits Apple from taking a cut of external transactions but also imposes requirements on the layout and wording of links in developers' apps. The company emphasizes that these have never been deemed illegal.
Express News | Rogers: Hedge Funds Are More Likely to Pull Back From Crucial Markets in Periods of Stress, Introducing Added Volatility
Apple requests the USA appeals court to suspend the ruling on the Epic Games case.
Apple is requesting that the USA Federal Appeals Court temporarily suspend key provisions of a judge's ruling which orders Apple to immediately open its lucrative app store to more competitors. In a filing submitted on Wednesday to the USA's Ninth Circuit Court of Appeals in San Francisco, Apple stated that if the enforcement of the April 30 order is not suspended during the pending legal challenge, the company will suffer irreparable harm. Apple is fighting against a ruling that deemed Apple involved in a 2020 case with the online video game "Fortnite."
Are Rogers Corporation's (NYSE:ROG) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Competing for Rogers $1M Prize: Canada's Got Talent Reveals the First Six Performers Heading to the Finale, May 13 on Citytv