Apple has appealed a nearly $2 billion antitrust fine handed down by European regulators. As Reuters reported Tuesday (May 22), the appeal comes after the European Commission (EC) ruled this winter that Apple was abusing its power in the streaming music market. Apple’s fine was...
Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments and artificial intelligence (AI). The three meetings followed a July 2023 announcement by U.S. Consumer Financial Protection Bureau (CFPB) and...
The European Commission (EC) is reportedly set to launch full-scale investigations of tech giants Apple and Google, looking into their compliance with the EU’s new Digital Markets Act (DMA). The probes are expected to be announced within days, Bloomberg reported Thursday (March 21). The investigations will primarily focus on the new fees, terms...
The Justice Department’s antitrust suit against Apple could reportedly arrive as soon as Thursday (March 21). That’s according to a report by Bloomberg News, citing sources familiar with the matter. The suit would accuse the tech giant of violating antitrust laws by preventing competitors from accessing hardware and software features of...
January 15, 2024
Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment were blunted by the bank segment’s 2.8% slide. For the week, the CE 100 Index added 1.1%. Banks Weigh In J.P. Morgan slipped 1.9% for the week. In our own coverage […]
October 14, 2022
In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by a series of spectacular gold...
October 06, 2022
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins has been passed by the European Commission,...
March 14, 2022
One area where companies involved in artificial intelligence (AI) are focusing most of their efforts is in reducing unfair bias, Matteo Quattrocchi, director for policy at BSA, The Software Alliance,...
June 14, 2024
Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta AI. The Financial Times (FT) reported Friday (June 14) that the European Commision (EC) will bring charges against Apple after determining that the company is not complying with a requirement that it […]
May 23, 2024
Apple has appealed a nearly $2 billion antitrust fine handed down by European regulators. As Reuters reported Tuesday (May 22), the appeal comes after the European Commission (EC) ruled this...
April 11, 2024
Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments and artificial intelligence (AI). The...
March 21, 2024
The European Commission (EC) is reportedly set to launch full-scale investigations of tech giants Apple and Google, looking into their compliance with the EU’s new Digital Markets Act (DMA). The probes are expected to be announced...
