TLDR:
– DOJ sues Apple in New Jersey over antitrust violations
– VC trends show shifts in fundraising and founder diversity
The Department of Justice has filed a lawsuit against Apple in New Jersey, accusing the tech giant of antitrust violations. This move has raised eyebrows as the Third Circuit, where the case is filed, has a history of being favorable to monopolization cases. Meanwhile, the venture capital landscape is experiencing shifts in fundraising and founder diversity, with new trends emerging in the industry.
One key development in the tech and entrepreneurship scene is a food and beverage startup co-founded by Ted Leonsis, raising $2.3 million in funding. Additionally, the use of chatbots to support mental health for teens and young adults is gaining attention, with calls for FDA regulation and more research into its efficacy. The European Commission has launched investigations into tech giants like Google, Apple, and Meta following the implementation of the Digital Markets Act.
Events to watch out for include a networking meetup hosted by Climate Techies DC and a State of the Union on local data centers by the Northern Virginia Tech Council. The conversation on the CTA and required reporting, the DOJ’s choice of New Jersey for the Apple lawsuit, and the changing landscape of venture capital are trending topics in the tech and entrepreneurship space.
