Apple and Meta were fined as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.
Read More Apple, Meta fined as EU presses ahead with tech probes
Tag: Big Tech
Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say
Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals.
Read More Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say
Apple rises as rosy forecast lifts hopes for iPhone rebound
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Read More Apple rises as rosy forecast lifts hopes for iPhone rebound
Australia’s under-16 social media ban sparks anger and relief
Tech giants like TikTok argue social media ban on children under 16 could push young people to “darker corners of the internet”.
Read More Australia’s under-16 social media ban sparks anger and relief
US watchdog issues final rule to supervise Big Tech payments, digital wallets
Silicon Valley tech giants who process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision.
Read More US watchdog issues final rule to supervise Big Tech payments, digital wallets
Apple to urge judge to end US smartphone monopoly case
Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
Read More Apple to urge judge to end US smartphone monopoly case