Get the latest tech news
Apple, Meta Fined as EU Presses Ahead With Tech Probes
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. From a report: The EU fines could stoke tensions with U.S. President Dona...
From a report: The EU fines could stoke tensions with U.S. President Donald Trump who has threatened to levy tariffs against countries that penalise U.S. companies. The EU's action against Meta focuses on the company's effort to get users to agree to seeing personalized ads on Instagram and Facebook -- its main source of revenue. The commission said Apple had failed to comply with an obligation to allow app developers to inform customers, free of charge, of alternative ways to purchase digital products.
Or read this on Slashdot
