FT News Briefing Epic vs Apple legal battle wraps up
May 24, 2021
The dramatic courtroom showdown between Apple and Epic Games concludes, spotlighting claims of monopolistic practices in app distribution. Investors are pushing ExxonMobil to address climate change, raising questions about corporate responsibility. AstraZeneca's CEO declares optimism for the future of the Covid-19 vaccine despite past hurdles. Meanwhile, the EU is making a bold move to exercise military influence with a substantial peace fund, stirring debate over the potential risks of intervention in conflict zones.
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Epic vs. Apple: A consequential trial
- Apple's App Store policies are under scrutiny as Epic Games challenges their exclusivity.
- The trial's outcome will significantly impact app distribution and developers' revenue.
ExxonMobil's Climate Reckoning
- ExxonMobil faces pressure from activist investors over its climate change response.
- A shareholder vote will determine the company's board composition and future direction.
AstraZeneca CEO Defends Vaccine
- AstraZeneca CEO Pascal Soriot defends the COVID-19 vaccine's future despite setbacks.
- He emphasizes its global importance and criticizes competitors for focusing on wealthier nations.