Apple Inc. (AAPL)
Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
Apple and Meta fined €700 million by European Union for digital market breaches
Apple Inc (NASDAQ:AAPL, ETR:APC) and Meta Platforms Inc (NASDAQ:META) have been fined €500 million and €200 million respectively for breaching the European Union's new digital market rules. The European Commission said Apple had breached its anti-steering obligation under the Digital Markets Act (DMA), and that Meta breached obligations under the act to give consumers the choice of a service that uses less of their personal data.
Apple fined $570 million and Meta $228 million for breaching EU law
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.
Apple, Meta Fined by EU, Ordered to Comply With Tech Competition Rules
The move risks ratcheting up tensions with the Trump administration as EU officials pursue trade talks.
2 No-Brainer Warren Buffett Stocks to Buy Right Now
Billionaire Warren Buffett has invested through every sort of market cycle -- from the most flourishing to times of major losses. He's seen his portfolio rise and fall accordingly, but over the long term, Buffett always has come out on top.
Report: Apple Vision Pro Managers Taking Lead of Siri Revamp
Apple's work on Siri will reportedly be led by managers who developed Vision Pro. Vision Pro creator Mike Rockwell, who is the new Siri engineering chief, is bringing members of the Vision Pro management team to Siri, replacing or demoting previous managers of the voice assistant business, Bloomberg reported Tuesday (April 22), citing unnamed sources.
Google's multibillion-dollar search engine deal with Apple at high risk in monopoly case
A judge will likely target Google's search deals with Apple to address its monopoly, experts said. Google and the DOJ are facing off in a court hearing to determine remedies to its search monopoly.
Warren Buffett Timed His Apple Stock Sale to Perfection. What's Next?
Berkshire Hathaway's huge cash pile has investors wondering what he'll buy and when.
Should You Buy Apple Stock Before May 1?
Apple (AAPL -1.81%) is at the epicenter of increasing geopolitical tensions between the U.S. and China, and investors will want to know how the business is coping.
Despite Cutting Apple's Price Target, Wedbush's Dan Ives Remains Bullish on the Stock for the Long Term. Should You?
Investors may not know what to make of Apple (AAPL -1.81%) stock. Although it attained the world's largest market cap through inventing new, tech-related products, growth and innovation have slowed, and many analysts have soured on the stock.
Trump's Tariffs Continue to Affect Apple. Should Investors Sell the Stock?
President Trump's economic policies are causing significant volatility in the stock market. On April 3, he announced his administration would impose expansive tariffs on most countries.
3 Unstoppable Growth Stocks Down 20% or More to Buy and Hold
Babe Ruth struck out 1,330 times during his professional baseball career. Michael Jordan missed 12,345 shots.
