Europe whacks Apple and Meta with combined $797 million fine
CNN
The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law.
The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law. The penalties for breaching the Digital Markets Act come amid attacks on the EU by the Trump administration for what it sees as the bloc’s unfair targeting of American companies. The European Commission, the EU’s executive arm, said Wednesday that it has fined Apple (AAPL) and Facebook parent Meta (META) €500million ($570 million) and €200 million ($228 million) respectively. This is a developing story and will be updated. James Frater contributed reporting.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
In the largest single foreign investment in US history, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s “most powerful company” according to US President Donald Trump, unveiled a $100 billion investment, drawing global attention and prompting concern in Taiwan.
Elon Musk’s departure from DOGE, his now-strained relationship with Trump, slumping Tesla sales and the drop in the company’s share price have not meant that the Tesla Takedown movement is coming to an end anytime soon, according to attendees and organizers.
Much has changed in the crypto landscape over the past year and a half. And with it, so may more investors’ minds about cryptocurrencies — especially bitcoin, the (very young) granddaddy of them all.
US President Donald Trump said Chinese leader Xi Jinping has agreed to restart the flow of crucial rare earth materials, after announcing a new round of US-China trade talks will be held in London on Monday.
SSA’s multiple data systems contain an extensive trove of personal information on most people living in the United States today — as well as those who have died over the years.
The play transports viewers back to the 1950s but feels equally relevant in the 2020s with its themes of unrestrained political power, corporate timidity and journalistic integrity.
The staggering and exceedingly public rupture in the world’s most consequential and unprecedented partnership was a long time coming. But the surreal state of suspended animation that consumed Washington as President Donald Trump and Elon Musk traded escalating blows on social media obscured a 48-hour period that illustrated profoundly high-stakes moment for the White House.
The announcement comes amid a punishing tariff war between the world’s two largest economies.
Hunter Biden on Friday dropped a second lawsuit that accused the right-wing network of unlawfully airing sexually explicit images of him.
The long-resilient US labor market slowed down a little in May, adding 139,000 jobs, according to Bureau of Labor Statistics data released Friday.
An intense public feud erupted on Thursday between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump’s massive tax and domestic policy bill raging across social media and in the Oval Office.
Lululemon’s stock is on pace for one of its biggest routs in history after the athleisure maker warned that tariffs will dent its profit.
Part of the massive domestic policy bill currently moving through Congress known as the “Big Beautiful Bill,” includes an unprecedented $5 billion national school voucher program. Republicans have long advocated for so-called school choice, but critics have labeled the initiative a tax cut for the wealthy.