On this day in 1976, Apple co-founder Ronald Wayne sold his 10% stake for $2,300

On April 12th, 1976, one of three co-founders of Apple Computer sold his 10% stake in the company for $2,300. Ronald Wayne says he made the “best decision with the information available to me at the time” when he chose to sell his shares in the emerging technology firm. Unlike counterparts Steve Jobs and Steve Wozniak, Wayne had capital on the line and stood to lose his assets if Apple went under. Had he retained his full stake in Apple to this day, it would currently be worth nearly $60 billion. Wayne went on to enjoy a long career as an engineer with the Lawrence Livermore National Laboratory and other firms, Wired reports, and he later opened a stamp shop before retiring

Google likely next in antitrust push on tech giants

Google is likely the next major tech target of US and EU trust-busters after the US Justice Department sued Apple for illegally colluding with publishers in the e-book market, legal experts said.

DOJ likely to lose eBook antitrust suit against Apple

The United States Department of Justice is likely to lose its antitrust lawsuit targeting Apple and book publishers, according to a report from CNET. A number of legal experts agree that the case against the Cupertino-based company isn’t as strong as the one against publishers. The DOJ “has a far better case against the publishers than Apple,” said Dominick Armentano, professor and author of Antitrust and Monopoly. “If the CEOs of the various publishers got together in hotel rooms to discuss prices, they are sunk” and might as well settle, he said. Within the 36-page complaint, the Justice Department recounts how publishers met over breakfast in a London hotel and during dinners at a Manhattan restaurant to discuss price-fixing. Apple