Nakednews.com- Wednesday December 17 2014
Description:
A nearly ten-year BILLION dollar legal battle has been decided in Apple_s favor After just 3 hours of deliberations a California jury found that the tech giant had NOT competed unfairly with its iTunes 7.0 update. The class action antitrust lawsuit argued that Apple_s software update in 2006 froze out rival MP3 players and allowed Apple to raise prices of iPods which in turn hurt consumers. But Apple successfully argued that its updates actually HELPED consumers by allowing them to dramatically improve the quality of music downloads. The war is likely far from over. An attorney for the plaintiffs says they plan on appealing. Meanwhile Apple has stopped the sale of its products online in Russia due to the volatility of the ruble. The currency is in total free-fall losing more than 20-percent of its value this week alone. Apple says the unpredictable market makes it too hard to set proper prices for its products. This week Russia_s central bank spent 2 billion dollars trying to prop up the ruble - and has spent a total of 80 billion on it this year - but cheaper oil prices and harsh Western sanctions have crippled the currency_s value.And ongoing threats from hackers have forced Sony to cancel the premiere of its highly-publicized - and highly controversial - comedy The Interview. The movie is about the assassination of North Korean leader Kim Jong-Un. A group of hackers calling themselves The Guardians of Peace have already leaked hundreds of sensitive emails and documents from Sony and they had threatened to attack American theaters screening the film. In a recent warning the hackers referenced 911 saying the world will be full of fear. Sony has shelved the movie for the time being and the Department of Homeland Security is investigating the threats.
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