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Michael Liedtke

Michael Liedtke

Inc.com

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Top Apple exec acknowledges court-ordered makeover of iPhone app store payment system hasn’t done much to increase competition

After more than two years of ultimately unsuccessful attempts to overturn the order to allow alternative payment links within apps, Apple in January...

23.05.2024 50

Fortune

Michael Liedtke

Google will get rid of billions of files as part of settlement in case involving allegations about Chrome's incognito mode

The settlement also imposes other controls designed to limit Google's collection of personal information.

02.04.2024 40

Fortune

Michael Liedtke

Google is quietly deleting billions of records from Chrome users in ‘incognito’ mode, claiming it never used the data

Lawyers representing Chrome users valued the settlement at $4.75 billion to $7.8 billion, relying on calculations based primarily on potential ad...

02.04.2024 40

Fortune

Michael Liedtke

A 20-year email revolution that began on April Fool’s Day: A look back at the Gmail era

“That was part of the charm, making a product that people won't believe is real," former Google engineer Paul Buchheit said.

31.03.2024 40

Fortune

Michael Liedtke

Reddit stock soars 48% in first day of trading as traders love ‘front page of the internet’

Seconds after it began trading on the New York Stock Exchange, Reddit's value soared close to $9 billion.

22.03.2024 30

Fortune

Michael Liedtke

Yale antitrust scholar likens Apple case to epic Microsoft battle: ‘It’s a really big deal to go up and punch someone who is acting like a bully and pretending not to be a bully’

Antitrust researcher Dina Srinavasan, a Yale University fellow, said the government is picking a "tremendous fight” with what was the world's most...

22.03.2024 20

Fortune

Michael Liedtke

Reddit is taking 20 years of posts and over $700 million of cumulative losses to Wall Street after pricing IPO at $34 per share

OpenAI CEO Sam Altman is one of the company’s biggest shareholders, ranking above early invesotrs Peter Thiel, Jared Leto and Snoop Dogg.

21.03.2024 7

Fortune

Michael Liedtke

Software founder began lying to HP execs at the very first meeting—'The scene of an $11 billion fraud,' prosecutors said

British tech star Mike Lynch was once hailed as a visionary but prosecutors say he defrauded HP.

19.03.2024 10

Fortune

Michael Liedtke

Hewlett Packard’s disastrous acquisition of Autonomy heads to trial as court explores whether the deal was an illegal rip-off or a case of botched management

The alleged villains in the trial are former Autonomy CEO Mike Lynch, who once was lionized as shining example of British ingenuity, and Stephen...

18.03.2024 8

Fortune

Michael Liedtke

Apple is paying $490 million to settle claims that Tim Cook misled investors about iPhone sales in China

Cook signaled that the new iPhones were off to a good start during an investor conference call in early November 2018.

15.03.2024 20

Fortune

Michael Liedtke

Apple opens small cracks in iPhone’s digital fortress to face regulatory clampdown in Europe—and warns it will open new avenues for hackers

People in Europe can download iPhone apps from stores that aren't operated by Apple and are getting alternative ways to pay for in-app transactions.

07.03.2024 20

Fortune

Michael Liedtke

Sam Altman, Intel CEO Pat Gelsinger blown away by AI boom: 'It’s just magic the way these tiny chips are enabling the modern economic cycle'

“There's sort of a space race going on," Gelsinger said. “The overall demand (for AI chips) appears to be insatiable for several years into the...

22.02.2024 8

Fortune

Michael Liedtke

Ex-Yahoo CEO Marissa Mayer on AI, remote work and her new app: 'I think it is really hard to join an organization that is fully remote because that notion of culture gets lost'

The former Googler became CEO of Yahoo in an unsuccessful effort to turn around the fading internet pioneer, but she did triple its stock price.

21.02.2024 30

Fortune

Michael Liedtke

Cisco Systems announces plan to purge 4,000 workers in second round of layoffs in two years

Cisco is the latest tech company to announce that it will shed employees as CEOs focus on tightening costs.

15.02.2024 10

Fortune

Michael Liedtke

Google banishes Bard chatbot for AI rebrand as Gemini while Sundar Pichai and Satya Nadella each insist theirs is best

Google CEO Pichai predicts Gemini will be able to outthink the smartest people, but Microsoft CEO Nadella said “We have the best model, today even."

09.02.2024 10

Fortune

Michael Liedtke

Cruise faces another lashing from California judge who compares it to naughty 1950's TV character Eddie Haskell

The case accuses Cruise of trying to conceal its excruciating role in an incident that resulted in the suspension of its California license.

07.02.2024 50

Fortune

Michael Liedtke

Tim Cook wants to make 'spatial computing' a household term with the premiere of Apple's new Vision Pro headset

Apple is far from the only prominent technology company working on spatial computing products.

03.02.2024 30

Fortune

Michael Liedtke

Apple will open iPhone to other app stores and lower fees in Europe

Apple for the first time will allow iPhone users in Europe to use app stores other than the company-operated one that comes installed on the mobile...

26.01.2024 5

Fortune

Michael Liedtke

GM is facing a Justice Department investigation into the gruesome Cruise robotaxi collision that critically injured a pedestrian in San Francisco

incident resulted in Cruise's license to operate its driverless fleet in California being suspended by regulators and triggered a purge of its...

26.01.2024 7

Fortune

Michael Liedtke

Samsung sees chance to leapfrog Apple with AI enhancements to Galaxy smartphones that will 'reshape the technology landscape'

Apple is behind Samsung when it comes to making smartphones smarter with AI, Forrester Research analyst Thomas Husson said.

18.01.2024 5

Fortune

Michael Liedtke

Apple will turn off blood-oxygen feature on 2 premium watches as part of patent fight

If Apple had opted to stop selling the Series 9 and Ultra 2 in the U.S., it threatened to put a small dent in the company’s annual sales of $383...

18.01.2024 30

Fortune

Michael Liedtke

Retailers step up their shipping wars to compete with ultra-cheap China outfits—and consumers are reaping the spoils

Walmart and Target are investing money in fulfillment centers to close the delivery gap with Amazon, which is trying to ward off China-based rivals...

19.12.2023 10

Fortune

Michael Liedtke

Google to pay $700M to settle state antitrust claims

The disclosure follows Google's loss to Epic Games in a court case over the same issue.

19.12.2023 6

Fortune

Michael Liedtke

Google loses app store antitrust case to Epic Games

A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers.

12.12.2023 20

Fortune

Michael Liedtke

Google antitrust battle with Fortnite-maker Epic Games over Play Store’s 15-30%  commissions is heading to the jury to decide

The jury's verdict in the case will likely hinge on how the smartphone app market is defined.

11.12.2023 20

Fortune

Michael Liedtke

Google's Gemini AI launches to the public, with search engine on the way: 'We made a ton of progress in what’s called factuality'

“This is a significant milestone in the development of AI, and the start of a new era for us at Google,” says Demis Hassabis, CEO of the AI...

07.12.2023 8

Fortune

Michael Liedtke

GM’s Mary Barra set on ‘righting the ship’ at Cruise as it faces $1.5m fine for alleged coverup of robotaxi accident that got it booted from California

Cruise has been ordered to appear at a Feb. 6 hearing to determine whether the robotaxi service misled regulators about what happened after one of its...

05.12.2023 10

Fortune

Michael Liedtke

Google is ‘crooked’ and a bully, CEO of Fortnite-maker Epic Games testifies in Play Store trial

Epic alleges that Google has been engaged in illegal price-gouging by collecting commissions ranging from 15% to 30% on in-app digital transactions.

21.11.2023 7

Fortune

Michael Liedtke

Microsoft's Satya Nadella sets record straight on AI in Biden summit: 'We finally have a technology that understands us, not the other way around'

“The world is at an inflection point — this is not a hyperbole," Biden said Thursday at a CEO summit held in conjunction with APEC.

17.11.2023 9

Fortune

Michael Liedtke

Microsoft CEO Satya Nadella tries to sell Biden on AI at CEO summit: ‘We finally have a technology that understands us, not the other way around’

No CEO was more bullish than Microsoft's Satya Nadella, whose software company has invested more than $10 billion in OpenAI, the startup behind the...

17.11.2023 10

Fortune

Michael Liedtke

Google CEO Sundar Pichai gives 'rocking 75 minutes' of tense testimony in Fortnite antitrust trial

Things got so tense that U.S. District Judge James Donato described the back-and-forth between Epic's lawyer and Pichai as a “rocking 75...

15.11.2023 10

Fortune

Michael Liedtke

Fortnite maker Epic Games accuses Google of using a ‘bribe and block’ strategy to thwart competition

The case alleges Google has created an illegal monopoly on Android apps primarily so it can boost its profits through commissions ranging from 15% to...

07.11.2023 9

Fortune

Michael Liedtke

Fortnite's lawsuit against Google heads for trial with Sundar Pichai due to take the stand

Pichai recently took the witness stand in Washington D.C. during an antitrust trial centered on Google’s long-running dominance of internet...

06.11.2023 4

Fortune

Michael Liedtke

Google’s antitrust problems grow as a new trial begins, this one targeting its Play Store

The case targeting Google's Play Store is being brought by Epic Games, the maker of the popular Fortnite video game.

06.11.2023 10

Fortune

Michael Liedtke

How a Google loss in its antitrust trial would affect your searches on the internet

If Judge Amit Mehta rules Google has been running an illegal monopoly in search, the punishment could open up new online avenues for consumers and...

16.10.2023 6

Fortune

Michael Liedtke

Your next iPhone might be pricier after the Google antitrust trial: 'Google has essentially been subsidizing the cost of devices'

If government regulators prevail against the search giant, watch for unintended consequences.

15.10.2023 6

Fortune

Michael Liedtke

Your iPhone 15 is getting too hot because of a software bug tied to apps like Instagram and Uber, says Apple

Some apps are running in ways “causing them to overload the system,” said Apple, vowing a fix.

30.09.2023 1

Fortune

Michael Liedtke

Netflix cofounder likens DVD-by-mail service to ‘unsung booster rocket’ that sent company into orbit

DVD-by-mail became so popular that Netflix once ranked as the U.S. Postal Service's fifth largest customer.

28.09.2023 2

Fortune

Michael Liedtke

Google is adding Bard to Gmail, Maps and YouTube in fight with OpenAI and MIcrosoft for AI dominance

Google is promising to protect users' privacy by prohibiting human reviewers from seeing the potentially sensitive information that Bard gets from...

19.09.2023 1

Fortune

Michael Liedtke

Trial over Google's search dominance is the federal government's biggest antitrust case since going after Microsoft 25 years ago

The Google case mirrors the one brought against Microsoft, including the threat it poses to a renowned tech giant whose products are relied on by...

11.09.2023 2

Fortune

Michael Liedtke

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