Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Apple lost a court case over a €13 billion EU tax bill, and on the same day Google lost an appeal against a €2.4 billion antitrust fine.
The European Commission has reached an agreement that Apple will no longer box out third-party touch-and-go payment apps.
The European Commission accused Apple of breaching the anti-steering app store rules included in the relatively new Digital Markets Act.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.