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Apple to take a $900M tariff hit?

 During Apple’s second-quarter earnings call on Thursday, CEO Tim Cook finally broke the silence on how President Trump’s tariffs are affecting the company. The short answer? Not too badly—at least for now. Apple CEO Tim Cook and US President Donald Trump Cook told investors that Apple only felt a “limited impact” from the tariffs during the March quarter. As for what lies ahead, he admitted it’s hard to predict. But if everything stays the same globally, Apple expects the tariffs to add about $900 million to its expenses in the third quarter. That number actually came as a bit of a relief to investors. One even called it a “pretty good outcome,” considering all the uncertainty swirling around U.S. trade policy lately. Still, there's some nervousness about what the coming months might bring if policies shift again. Cook clarified that this $900 million figure is only valid if there are no changes to the current tariff landscape—no new duties, no surprises. And he emphasized th...
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Google Chrome to be sold?

The Department of Justice (DOJ) has called for Google to divest its Chrome web browser to promote fair competition in the online search market. Additionally, the DOJ has suggested it may consider requiring Google to separate its Android business if necessary.

In a filing submitted Wednesday in DC District Court, the DOJ detailed its proposed final judgment following Judge Amit Mehta’s ruling that Google maintained an illegal monopoly in search and search advertising. The proposal outlines a series of measures intended to curb Google’s dominance, including restrictions on certain agreements and the potential breakup of the company.

One of the key proposals emphasizes spinning off Chrome, which the DOJ identifies as a critical entry point for online searches. The DOJ also left the door open to an Android spin-off, signaling this as a potential remedy if other measures fail to restore competition. Such a move could serve as a deterrent, ensuring Google doesn’t bypass imposed regulations, and might even become an option Google chooses to avoid complying with alternative restrictions, such as limits on self-preferencing Google Search within Android.

Other remedies proposed by the DOJ include banning Google from offering payments or incentives to companies like Apple and other manufacturers to make Google’s search engine the default option. The proposal also seeks to prohibit Google from favoring its search engine on its platforms, such as YouTube or Gemini. Furthermore, the DOJ wants Google to allow competitors access to its search index at a marginal cost, share search data and ranking signals for a decade, and give websites the ability to opt out of its AI-generated summaries without risking penalties in search rankings.

In response, Google criticized the DOJ’s proposals in a blog post authored by Kent Walker, Alphabet’s Chief Legal Officer. Walker described the recommendations as “wildly overboard” and accused the DOJ of pursuing a “radical interventionist agenda” that could harm American consumers and undermine the country’s technological leadership on the global stage.

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