Fortnite Maker Epic Games Sues Samsung and Google Over Third-Party App Stores [CNET News]
SK Telecom Co., Ltd. (SKM)
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Source: CNET News
Epic says that an opt-in feature introduced last year by Samsung, Auto Blocker , is now on by default as of July, making it more difficult for Samsung mobile users to access third-party app stores such as AltStore Pal or OneStore. The company says it now takes 21 steps to get around Auto Blocker to access those storefronts. "Auto Blocker is the latest in a long series of dealings in which Google and Samsung have agreed not to compete to protect Google's monopoly power," Epic said in its post. "Auto Blocker cements the Google Play Store as the only viable way to get apps on Samsung devices, blocking every other store from competing on a level playing field." The Epic Games lawsuit is just the latest salvo in an ongoing war that the games maker and publisher has waged against Google and, primarily, Apple, over fees those companies charge when companies sell apps or in-game content through its storefronts. Epic sued Apple and Google previously in 2020 and has mixed results. Epic lost
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News
- SK Telecom Invests $3M in Twelve Labs for Multimodal AI Innovation [Yahoo! Finance]Yahoo! Finance
- Penguin Solutions Announces Closing of $200 Million Strategic Investment from SK Telecom [Yahoo! Finance]Yahoo! Finance
- Twelve Labs Secures $30 Million in Funding, Validating the Importance of Twelve Labs' Video Understanding Technology to the AI EcosystemPR Web
- Twelve Labs is building AI that can analyze and search through videos [TechCrunch]TechCrunch
- SK Telecom Co., Ltd. (NYSE: SKM) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
SKM
Sec Filings
- 12/18/24 - Form 6-K
- 12/11/24 - Form 6-K
- 11/13/24 - Form 6-K
- SKM's page on the SEC website