Digital markets Act

Microsoft Corp. (NASDAQ:MSFT) President Brad Smith has declared the company’s commitment to adhering to European laws, a stance that starkly contrasts with the White House’s disapproval of the EU’s recent sanctions on Big Tech. What Happened: As per a Wednesday blog post...

The European Union’s first major enforcement of its sweeping Digital Markets Act has sparked political backlash in Washington — and could ignite a new front in U.S.-EU trade tensions. What Happened: On Wednesday, the European Commission fined Apple Inc. (NASDAQ:AAPL) €500 million (...

The European Union imposed a total of $800 million in fines on Apple, Inc. (NASDAQ:AAPL) and Meta Platforms, Inc. (NASDAQ:META) on Wednesday in the first enforcement actions under the bloc's Digital Markets Act.  The Details: Apple was fined approximately $570 million for restricting app developers...

Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) stock is down more than 13% since the end of January and has now entered oversold territory.  What To Know: Alphabet's relative strength index fell to 29.17 on Thursday, its lowest since September 2024. The stock's RSI rebounded slightly on Friday to...

U.S. House Judiciary Chair Jim Jordan (R-OH) on Sunday asked EU antitrust chief Teresa Ribera to clarify enforcement of the European Union’s regulations on Big Tech. Jordan also claimed the rules seem to target U.S. companies and give European companies an advantage.  The Details: A letter...

Apple Inc. (NASDAQ:AAPL) has slammed Meta Platforms, Inc. (NASDAQ:META) for its numerous requests to access iPhone-maker’s software tools, citing potential privacy and security risks. What Happened: Under the EU’s Digital Markets Act, Apple is required to allow competitors and app...

The EU is reportedly set to investigate Amazon.com, Inc. (NASDAQ:AMZN) in 2025 for favoring its in-house branded products. What Happened: The EU is preparing a case against Amazon under its Digital Markets Act or DMA, reported Reuters, citing people with direct knowledge of the matter. The probe...

The European Union (EU) is reportedly gearing up to charge Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, with a breach of its digital regulations. This news comes just a week after a similar case was initiated against Apple Inc. What Happened: The European Commission plans to...

Brussels has accused Apple Inc. (NASDAQ:AAPL) of violating European Union regulations. The tech giant could face a penalty of up to 10% of its global annual revenue. What Happened: Belgium has accused Apple of stifling competition on its app store, marking the first time EU regulators have used new...

Spotify Technology SA (NYSE:SPOT) is intensifying its legal battle with Apple Inc. (NASDAQ:AAPL) in the European Union, with the European Commission now considering a second investigation into Apple’s new music streaming app policy. What Happened: Spotify has been making changes to its app,...

The European Union’s (EU) new regulations are proving to be a game-changer for independent browser companies, as they witness a surge in user numbers, challenging the dominance of tech giants Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:...

Apple Inc. (NASDAQ:AAPL) has rolled out the first beta version of iOS 17.5, which now enables users in the European Union to download apps directly from developer websites. What Happened: The new feature, introduced in the latest iOS update, is in line with the European Union's Digital Markets Act...

Apple Inc.’s (NASDAQ:AAPL) iOS 17.4 update, in compliance with the EU’s Digital Markets Act or DMA, has led to a significant surge in users for Mozilla Firefox and Brave browsers in the EU. What Happened: According to Firefox spokesperson Christopher Hilton, after...

In a significant shift in its app distribution policy, Apple Inc. (NASDAQ:AAPL) is set to permit developers in the European Union to distribute iOS apps directly from their websites. What Happened: Apple is planning to roll out a web distribution feature in the EU, allowing developers to distribute...

Apple Inc. (NASDAQ:AAPL) begrudgingly allowed users in the European Union to download apps from alternative stores, but there is one major catch in how it has implemented this feature. What Happened: After rolling out support for alternative app stores in iOS 17.4, Apple has added a restriction...