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...It is one of the most significant financial penalties levied by the EU on big tech companies....
...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
...Alphaville’s quantitative analysis suggests $262,069 minus $258,039 is $4,030 — ergo, that’s the maximum amount of pizza/pizza-adjacent perks Weiner could have received....
...Questions included: “To the nearest thousand dollars, what is the highest value of pizza that Domino’s Pizza’s chief executive may have received as part of his compensation last year?”...
...The big-tech-and-falling-rates story gave way in recent months to the big-tech-and-AI narrative, and AI is an area where Apple is considered to lag Google and Microsoft....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Peter Spiegel responds Rana, you’ve argued that the Apple antitrust case may be the harbinger of what Morgan Stanley sees as an inevitable “undermining” of the “static leadership” of the current Big Tech...
...But Section 2 of the 1890 Sherman Act, under which the case has been brought, is a tool US trustbusters have revived in other recent cases against Big Tech....
...Brussels is probing Apple’s move to kick Fortnite-maker Epic Games from its App Store, escalating a confrontation between the bloc’s regulators and the iPhone-maker as a landmark law targeting Big Tech takes...
...The profit margin of the service sector (which accounts for 20% of revenue) has, in the opinion of our analyst, peaked at 70% as Apple needs to find incremental services with large TAMs, with much of the...
...The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from...
...of a big correction”....
...This contrasts with the stance taken by many other big US companies, which have defended their right to advise workers on the negative aspects of unionisation....
...Its shares have fallen about 5 per cent this year at a time when most of its Big Tech rivals have reported double-digit percentage stock gains....
...The changes were offered ahead of the EU’s March 7 deadline for companies to declare how they will adhere to the DMA, which aims to tackle the market power of Big Tech groups.The proposal leaves developers...
...The EU’s action will reignite the war between Brussels and Big Tech at a time when digital groups are being forced to show how they are complying with landmark new rules aimed at tackling the power of Silicon...
...Companies that violate the new EU law face fines of 10 or 20 per cent of their global revenue. For Apple, that would be $77bn....
...The long-awaited lawsuit is a watershed moment for Apple. For years it was one of the few Big Tech companies to avoid major antitrust action by the US....
...Each of these products has reached something of a crossroads, presenting a test for the company’s vaunted launch discipline. Apple’s last big gadget launch was nine years ago, with the Watch....
...Apple’s changes come as big tech groups caught by the EU’s Digital Markets Act have been keen to show how they are complying with the rules....
...Apple’s revenues were $119.6bn for the quarter to the end of December, up 2 per cent from the same period in the previous year and beating consensus estimates of $118.3bn, according to S&P Capital IQ....
...Some Big Tech investors have expressed concerns....
..., many of them young people who dreamt of owning the latest Apple gadget....
...Apple is offering Chinese customers a limited-time discount on some of its latest iPhone models....
...All save Apple are facing big antitrust challenges from US authorities, and Apple could face its own as soon as March....
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