EU slaps Apple and Meta with landmark DMA fines
Trump screams extortion
The Fruity Cargo Cult Apple has been handed a €500 million ($570 million) slap by EU regulators, with Facebook flogger Meta coughing up €200 million, in the first real show of teeth under the bloc’s Digital Markets Act.
Meta faces EU scrutiny over ad model
Sniffs of anti-trust
Meta is encountering obstacles while striving to comply with the European Union's stringent online competition law, the Digital Markets Act (DMA).
Apple surrenders to the Germans
Agrees to allow apps to be hosted outside its official store
Fruity cargo cult Apple has finally bent to European pressure and will allow iPhone users to download apps hosted outside of its official App Store.
EU signs off on tech giant regulation
Enforcement might be impossible
EU lawmakers gave the thumbs up to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, Facebook and Microsoft, but enforcement could be hampered by regulators' limited resources.