EU fines Meta and Apple a combined £600m for breaching digital laws April 23, 2025 The European Commission has imposed significant fines on Apple and Meta, marking the first enforcement actions under the Digital Markets Act (DMA), which aims to promote fair competition and enhance consumer choice. Apple has been fined €500m (£428.3m) for restricting app developers from directing users to alternative purchasing options outside its App Store. The commission [...]
Murder prediction tools and Whatsapp arrests, is Black Mirror already here? April 16, 2025 Whatsapp chat arrests and sieges on Quaker meetings, it's easy to feel like we're already living in Black Mirror, writes Rebecca Vincent.
What’s going on with Trump’s tech tariffs? April 14, 2025 This weekend, investors got a rare gift from the Trump administration, under the form of a tech tariff reprieve. Or so they thought. True to Trump-era form, the relief came wrapped in mixed messages and policy pivots, causing enough confusion to keep Wall Street analysts scratching heads. After rattling markets with sweeping tariffs on Chinese [...]
Government’s privacy dispute with Apple ‘really strange’, expert says April 14, 2025 The government’s position in its privacy and encryption row with Apple is “really strange” and “doesn’t make sense”, an expert has said. Earlier this year, it was reported that the government had issued a notice under the Investigatory Powers Act 2016, asking Apple for the ability to access data from Apple users. This was said [...]
Tesla and Apple lead Mag Seven surge as Trump blinks on tariffs April 10, 2025 The so-called magnificent seven tech stocks added more than $1.8tr in market value on Wednesday after Donald Trump unexpectedly paused a swathe of new tariffs, offering a rare moment of relief in an escalating trade war that had rattled big tech. Shares of Nvidia, Apple, Tesla, Microsoft and others surged between eight and 19 per [...]
FTSE 100 roars back after Trump pauses tariffs April 10, 2025 The FTSE 100 soared as markets opened this morning after President Donald Trump‘s tariff climb down on Wednesday. London’s blue-chip index gained over six per cent – an increase of nearly 500 points. The FTSE 250 climbed over four per cent. Of the risers, Barclays rocketed over 20 per cent and Melrose 16 per cent. [...]
FTSE 100 slumps as EU and China launch retaliatory tariffs against US April 9, 2025 The FTSE 100 closed in the red on Wednesday, reversing gains made at the start of the week. The blue-chip index was off 2.9 per cent. Pharma stocks drove losses on the back of fresh tariff threats from President Donald Trump. Astrazeneca closed off seven per cent and GSK 5.7 per cent. Lenders also suffered [...]
Tariffs: How much will you now have to pay for an iPhone? April 9, 2025 The price of owning the latest iPhone is about to get even more expensive, thanks to President Donald Trump’s new tariffs on Chinese imports. While the leading tech giant Apple has weathered previous storms with strategic negotiations and supply chain ingenuity, this new wave of tariffs presents a serious test to their pricing strategy. So, [...]
Trump tariffs hit big tech as stocks tumble for third session April 7, 2025 The US tech sector has been hit by newly imposed global tariffs from Donald Trump’s administration, as the president holds firm on his aggressive trade policies. The latest rounds of tariffs, which began with an initial unilateral 10 per cent tariff on a wide array of goods, sparked severe market reactions, especially among the so-called [...]
FTSE 100 sinks as S&P 500 and Dow Jones plummet on open April 4, 2025 The pain continued for global markets on Friday, as the S&P 500 and Dow Jones joined the FTSE 100 in the red. The FTSE 100’s downturn deepened following China’s announcement of 34 per cent retaliatory tariffs against the US. The index closed at 8,063.12, making a 4.9 per cent loss. This marked the FTSE 100’s [...]