COIN - Wall Street Breakfast: Something's Cooking
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Something's cookingThe three-week-old antitrust trial between Apple (NASDAQ:AAPL) and Epic Games will wrap up on Monday, but not before an appearance from a high-profile defendant. CEO Tim Cook will take the stand today before the companies make their closing arguments and Judge Yvonne Gonzalez Rogers issues a final ruling (neither side wanted a jury trial). Other executives from both firms have already testified, including Craig Federighi, Apple's SVP of Software Engineering; Phil Schiller, Apple Fellow and former longtime head of marketing, as well as Epic Games CEO Tim Sweeney.Backdrop: The legal fight started last year when Epic created its own direct payment method within popular game Fortnite, circumventing fees paid for App Store purchases. Apple then issued a warning to Epic regarding the workaround, but the
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Wall Street Breakfast: Something's Cooking