DOJ sues Apple and files the case in…New Jersey?
The Department of Justice made an interesting choice when suing Apple, accusing the tech giant of violating antitrust laws: The suit was filed in New Jersey.
Why? Sources noted this move was unusual. The choice was probably because of the circuit, and less to do with the physical location. The Third Circuit has previously been “uncommonly friendly to monopolization cases,” a law professor told Technical.ly.
Apple has asserted it will fight the case, but will likely take years to resolve. Get more the details about what experts are speculating in Emma Diehl’s latest article.
➡️ Read more about the lawsuit here
Trends to watch in this VC shift
The pandemic transformed so much in entrepreneurship — including that you can raise money anywhere. Simultaneously, venture capital fundraising has become much more difficult, Technical.ly cofounder and CEO Christopher Wink wrote in his latest column.
Startup VCs chatted about how their world has changed in terms of founder diversity, fundraising and accessibility. Wink also shares reflections on a panel he participated in at South by Southwest earlier this month.
➡️ Get more details on new changes in venture capital and why they matter here
News Incubator: What else to know today
• An AI-powered food and beverage startup cofounded by Ted Leonsis, the CEO of Monumental Sports & Entertainment and owner of the Washington Wizards and Capitals, has raised $2.3 million in funding. [Washington Business Journal]
• Chatbots are being used to help teens and young adults during an ongoing shortage of mental health providers. But there’s little research in its efficacy, and many are calling for FDA regulation and more direct disclaimers. [The Associated Press]
• Following the Digital Markets Act going into effect, the European Commission has opened investigations into Google, Apple and Meta. [The Washington Post]
• Companies that rely on TikTok for marketing — specifically beauty, fashion and wellness brands — are worried about the possible ban. [The New York Times/Technical.ly]
🗓️ On the Calendar
Welcome to the daily roundup of the latest from DC's tech and entrepreneurship scene. Want this in your inbox? Subscribe for free.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!