Apple was hit with a EUR 150 million ($162.4 million or roughly Rs. 1,389 crore) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices via a privacy control tool. The fine – the first by any antitrust regulator over Apple’s App Tracking Transparency tool – … Read more
Apple was ordered by EU antitrust regulators on Wednesday to open up its closed ecosystem to rivals, with the latter spelling out details on how to go about it in line with the bloc’s landmark rules and where non-compliance could lead to an investigation and fines. The move by the European Commission came six months … Read more
The US Federal Trade Commission is moving ahead with a sprawling antitrust probe of Microsoft that was opened in the waning days of the Biden Administration, signaling that Donald Trump’s new FTC Chair Andrew Ferguson is going to prioritize scrutiny of tech giants. FTC staff in recent weeks have continued to work on the investigation, … Read more
Microsoft’s $13 billion (roughly Rs. 1,12,485 crore) investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday. The commission said Microsoft’s deal with OpenAI, as well as Amazon.com and Google’s partnerships with AI company … Read more