Rave, a Canadian software developer, has filed an antitrust lawsuit against Apple (AAPL) alleging that its shared video-viewing app was removed from the App Store after Apple introduced a competing SharePlay feature, and is seeking reinstatement along with hundreds of millions of dollars in damages, Reuters’ Stephen Nellis reports. In the legal complaint, Rave alleges that Apple removed its app from the App Store in 2025 for what Apple called “dishonest or fraudulent activity.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Notable open interest changes for May 7th
- Apple’s (AAPL) AI Comeback May Begin with AirPods that Have Cameras
- Trump to invite Nvidia, Apple CEOs on China trip, Semafor reports
- Best ETFs to Invest In, According to AI Analyst, 5/7/2026
- Arm Holdings (ARM) Stock Drops 8% after 12% Surge — Why the AI Surge Fizzled