Today: October 04, 2024
Today: October 04, 2024

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Business

EU set to fine Apple in Spotify music streaming case, sources say

Apple is set to be handed an EU antitrust fine of about 500 million euros ($543 million) next week in a music streaming case triggered by a Spotify complaint,

EU set to fine Apple in Spotify music streaming case, sources say
Business

Exclusive-Google steps up Microsoft criticism, warns of rival's monopoly in cloud

Alphabet's Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the

Exclusive-Google steps up Microsoft criticism, warns of rival's monopoly in cloud
Business

Microsoft announces principles to foster innovation, competition in AI

Microsoft President Brad Smith on Monday announced a set of principles to foster innovation and competition in artificial intelligence in recognition of its role

Microsoft announces principles to foster innovation, competition in AI
Business

EU lawmakers, countries reach deal on gig workers' rights at second attempt

EU lawmakers and governments struck a watered-down deal on Thursday on the rights of workers at Uber, Deliveroo and other online companies.

EU lawmakers, countries reach deal on gig workers' rights at second attempt
Business

Meta challenges supervisory fee for EU online content rules

Meta Platforms has challenged a supervisory fee amounting to 0.05% of its annual worldwide net income aimed at covering EU regulators' costs of monitoring

Meta challenges supervisory fee for EU online content rules
Business

Exclusive-Microsoft in talks to end trade body's cloud computing complaint

Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the U.S. software giant's cloud computing licensing

Exclusive-Microsoft in talks to end trade body's cloud computing complaint
Business

Amazon's iRobot deal faces EU antitrust veto, sources say

Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as

Amazon's iRobot deal faces EU antitrust veto, sources say
Business

EU court adviser sides with Google, Amazon in Italian rule spat

Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to

EU court adviser sides with Google, Amazon in Italian rule spat
Business

Austrian activist Schrems broadens Meta privacy complaint

Privacy activist Max Schrems' advocacy group Noyb on Thursday expanded its complaint about Meta Platforms' paid no-ads subscription service as it urged Austrian

Austrian activist Schrems broadens Meta privacy complaint
Business

Microsoft's OpenAI investment could face EU merger probe, EU regulators say

Microsoft's financial backing for ChatGPT maker OpenAI may be subject to European Union merger rules, EU antitrust regulators said on Tuesday, underscoring a

Microsoft's OpenAI investment could face EU merger probe, EU regulators say
Business

Apple disputes EU rules labelling its 5 App Stores as one service

Apple has challenged EU tech rules designating its five App Stores as a single core platform service subject to onerous obligations, saying that EU regulators have

Apple disputes EU rules labelling its 5 App Stores as one service
Business

EU's Vestager to meet Big Tech CEOs in the US next week

EU antitrust chief Margrethe Vestager will meet the chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States next week, her communications

EU's Vestager to meet Big Tech CEOs in the US next week
Business

Google, Meta, Qualcomm team up to push for open digital ecosystems

Alphabet's Google, Meta Platforms, Qualcomm and seven other tech companies on Wednesday teamed up to push for open digital ecosystems in response to new EU tech

Google, Meta, Qualcomm team up to push for open digital ecosystems
Business

Exclusive-Apple offers to let rivals access tap-and-go tech in EU antitrust case, sources say

Apple has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that

Exclusive-Apple offers to let rivals access tap-and-go tech in EU antitrust case, sources say
Business

Illumina slams EU for over-extending power to assess Grail deal

Illumina on Tuesday slammed EU antitrust regulators for over-extending their powers when they scrutinised the U.S. life sciences company's $7.1 billion for Grail

Illumina slams EU for over-extending power to assess Grail deal
Business

Google against potential EU break-up order, says not proportionate

Alphabet's Google on Friday criticised a potential order from EU antitrust regulators to sell part of its lucrative adtech business, saying it was disproportionate

Google against potential EU break-up order, says not proportionate
Business

Meta Platforms' paid ad-free service is targeted in EU consumer groups' complaint

Meta Platforms' paid no-ads subscription service, which it rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on

Meta Platforms' paid ad-free service is targeted in EU consumer groups' complaint
Business

EU Commission lawyers initially opposed warning Amazon on iRobot deal - sources

European Commission lawyers initially opposed sending a warning to Amazon over its $1.4 billion acquisition of robot vacuum maker iRobot, three people with direct

EU Commission lawyers initially opposed warning Amazon on iRobot deal - sources
Business

Adobe to defend Figma deal at Dec. 8 EU hearing, sources say

Adobe will aim to counter EU antitrust charges that its proposed $20 billion acquisition of cloud-based designer platform Figma hurts competition at a closed

Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
Business

AI legal framework needs to promote innovation, senior Google executive says

Rules governing the use of artificial intelligence should support innovation, Google's chief legal officer Kent Walker said on Tuesday, echoing pleas by a wide

AI legal framework needs to promote innovation, senior Google executive says
Business

Meta Platforms' paid ad-free service targeted in Austrian privacy complaint

Meta Platforms' paid no-ads subscription service launched in Europe this month faced one of its biggest tests as advocacy group NOYB on Tuesday filed a complaint

Meta Platforms' paid ad-free service targeted in Austrian privacy complaint
Business

Businesses, tech groups warn EU against over-regulating AI foundation models

Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI

Businesses, tech groups warn EU against over-regulating AI foundation models
Business

EU lawmakers back rules forcing Big Tech to tackle child pornography

EU lawmakers agreed on Wednesday to draft rules requiring Alphabet's Google, Meta and other online services to identify and remove online child pornography, saying

EU lawmakers back rules forcing Big Tech to tackle child pornography
Business

Adobe open to remedy discussions with EU on Figma deal, says chief counsel

Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to

Adobe open to remedy discussions with EU on Figma deal, says chief counsel
Business

Adobe faces EU antitrust warning over Figma deal, sources say

Adobe's $20 billion bid for cloud-based designer platform Figma is set to face an EU antitrust warning in the coming days, three people familiar with the matter

Adobe faces EU antitrust warning over Figma deal, sources say

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