X in danger of EU fine
Elon Musk’s social media platform X is set to be served with a formal warning for failing to combat dangerous content, in the third show of force by European Union regulators against Big Tech in recent weeks.
The escalation — which could eventually pave the way for fines...
EU rules stopping new iPhone features — Apple
Apple Inc. is withholding a raft of new technologies from hundreds of millions of consumers in the European Union, citing concerns posed by the bloc’s regulatory attempts to rein in Big Tech.
The company announced Friday that it would block the...
Apple's market value continues drop after US DOJ announces antitrust lawsuit
Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance.
In the US, the Justice Department and 16 attorneys...
Apple slapped with R37 billion fine for hampering users from accessing cheaper subscription prices
Apple Inc. was hit Monday with a €1.8 billion (R37.24 billion) penalty from the European Union over an investigation into allegations it shut out music-streaming rivals, including Spotify...
EU fining Apple R10.2 billion for stifling music streaming service competition
Apple Inc. will face a European Union fine close to €500 million (R10.18 billion) over the regulator’s investigation into allegations it silenced music-streaming rivals, including Spotify Technology SA, on its...
EU happy with Microsoft's Activision Blizzard deal tweaks to appease CMA
Microsoft Corp.’s rehashed $69-billion (R1.3-trillion) acquisition of Activision Blizzard Inc. is set to avoid another European Union probe, paving the way for closing of the gaming industry’s biggest ever deal as soon as...
EU penalties on the cards for South Africa if it does not start ditching coal
South Africa must accelerate its transition to renewable energy to avoid export penalties being threatened by key trading partners, a government official said on Wednesday.
“We are doing this for ourselves because it...
OpenAI will comply with EU's AI regulations
OpenAI Inc. chief executive officer Sam Altman — days after making comments that he might pull out of Europe if he didn’t feel he could meet the EU’s regulations — said he plans to comply with the bloc’s rules.
In discussions with EU regulators...
Meta Platforms facing record EU privacy-infringement fine
Facebook owner Meta Platforms Inc. is set to be handed a record European Union privacy fine eclipsing a €746-million (R15.6-billion) penalty doled out to Amazon.com Inc..
Ireland’s data protection commission will punish the social...
EU clears Microsoft's $69-billion Activision Blizzard acquisition
Microsoft Corp.’s $69-billion (R1.3-trillion) takeover bid for games developer Activision Blizzard Inc. came back from the brink after the European Union gave its blessing for one of the biggest deals in history.
In a decision...
Twitter facing investigation in Europe over data breach
Elon Musk’s Twitter Inc. risks massive fines after its top privacy regulator in the European Union opened a probe into reports of a suspected data breach that compromised the personal details of 5.4 million users last year.
Ireland’s Data...
2024 iPhone must have USB-C port in Europe
All smartphones and tablets would have to use a common charger under a provisional European Union agreement clinched on Tuesday.
The plan would force all companies — most notably Apple Inc. — to make phones, tablets, e-readers and digital cameras use...
Europe gunning for Starlink with its own R103-billion satellite Internet fleet
The European Union revealed its most detailed plans yet for a low-earth orbit satellite system worth billions of euros aimed at delivering secure communications for the bloc.
The project will cost an estimated 6...