Amazon, Dell, Google and Microsoft: Nearly 60,000 tech layoffs so far in 2024 and ‘more pain to come’ April 4, 2024 The tsunami of tech layoffs which plagued much of 2023 has continued to hit companies of all sizes this year.
Spotify exec: The UK must break Apple’s stranglehold on new tech April 4, 2024 Apple's anticompetetive conduct is holding consumer choice in a stranglehold. The Digital Markets Bill has the power to break it.
Google owner Alphabet, Apple and Meta probed under sweeping new EU digital law March 25, 2024 The EU has opened investigations into Apple, Facebook owner Meta and Google owner Alphabet in the first probes under sweeping new tech legislation that could lead to heavy fines.
Apple sued by US justice department over antitrust law violation claims March 21, 2024 The US Justice Department has launched an antitrust lawsuit against tech giant Apple over allegations of the company violating antitrust laws. The lawsuit was filed to a federal court in New Jersey, in addition with 16 State Attorney Generals, along with the District of Columbia. The Department of Justice held a press conference on Thursday [...]
Legal and General hits out at Apple’s plan to keep AI use secret March 13, 2024 Legal and General Investment Management (LGIM) has announced it plans to vote against Apple's use of AI at its upcoming annual meeting.
UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
EU takes a bite out of Apple with £1.6bn antitrust fine March 4, 2024 The European Commission has fined Apple €1.84bn (1.57bn) for favouring its own music streaming app over rivals.
Apple faces major UK investor rebellion over lack of AI transparency February 25, 2024 Legal & General Investment Management and Abrdn are planning to challenge Apple's AI disclosure practices at its upcoming annual meeting.
EU set to fine Apple €500m over music streaming misconduct February 18, 2024 The European Commission is reportedly due to hit Apple with its first ever fine against the company following an antitrust investigation into its music streaming business.
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night