Apple hit with more than $1.95 billion EU antitrust fine over music streaming

Customers at the Apple Music section of the new Apple Inc. store in Mumbai, India, on Tuesday, April 18, 2023. Dhiraj Singh | Bloomberg | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the … Read more

As EV sales surge and cars get heavier, parking garages have to change

Charging points at an underground car park in England. The number of EVs on our roads is increasing. Peter Titmuss/UCG | Universal Images Group | Getty Images Driving is changing. Today, hybrids and pure electric vehicles are a common sight around the world, and the overall size and heft of cars — whether they’re fully … Read more

EU lists Alphabet, Amazon, Meta as gatekeepers below new competitors regulation

The logos of Google, Apple, Fb, Amazon and Microsoft displayed on a cell phone with an EU flag proven within the background. Justin Tallis | AFP through Getty Pictures The European Fee on Wednesday mentioned it designated six tech giants as “gatekeepers” below its new Digital Markets Act — a strict algorithm that might shake … Read more

EU Surprises by Approving Microsoft Activision Merger After UK Shut It Down

Microsoft’s large deal to eat up one of many greatest energy pellets of the online game business acquired a lift from EU regulators. On Monday, the European Fee—the physique overseeing the Microsoft/Activision Blizzard merger—introduced it had permitted the $68.7 billion deal to go ahead, so long as the businesses pinkie swear they’ll throw a aggressive … Read more