Apple allows music apps to offer payments outside App Store in the EU – POLITICO

Apple initially said it would appeal the EU’s fine. “While we respect the European Commission, the facts simply don’t support this decision,” Apple said in a March 4 statement, pointing to its claim of the EU’s “failure to uncover any credible evidence of consumer harm.” But on Friday, the Cupertino-based company updated its App Store … Read more

EU probes Apple, Google and Meta over digital rules compliance – POLITICO

Apple will be investigated over its measures to allow users to do more to tailor their devices by uninstalling software, changing Apple’s default setting or using choice screens to prompt users to pick a browser or search engine for their phone. “Apple’s measures, including the design of the web browser choice screen, may be preventing … Read more

Microsoft to pay Inflection AI US$650 million after hiring most of staff, including founders

Microsoft has agreed to pay Inflection AI US$650 million, largely to license its artificial intelligence software, alongside its move earlier this week to hire much of the start-up’s staff, according to a person familiar with the transaction. Microsoft stunned the AI world on Tuesday with an announcement that it had hired Inflection’s co-founders Mustafa Suleyman … Read more

US sues Apple in landmark iPhone monopoly case

It joins Amazon, Google and Facebook-owner Meta which are also facing antitrust lawsuits in the United States. US Attorney General Merrick Garland (centre) speaks at a news conference in Washington on Thursday. Photo: Bloomberg At the heart of the case is Apple’s alleged exclusionary practices that set strict and at times opaque conditions on firms … Read more

Chinese venture capitalist Allen Zhu steers clear of mainland tech firms’ AI large language model frenzy

“I believe in applications and those that can commercialise immediately,” said Zhu, who indicated that he did not invest in any LLM-focused company on the mainland last year. Sample code for an artificial intelligence large language model. Photo: Shutterstock Li pointed out that there were too many LLMs being introduced in mainland China, “but too … Read more

Elon Musk’s X could face EU antitrust crackdown under new DMA rules – POLITICO

Under the DMA, companies can’t favor their own products and services over rivals through their platforms or use data they collect from those rivals to compete against them. They also can’t share users’ personal data with their different platforms without getting explicit consent. Now X, Booking’s hotel reservation platform and TikTok’s online advertising services may … Read more

France shoots to kill the football Super League, once and for all  – POLITICO

The vehement opposition to the Super League project initially stemmed from the organizers’ plan to have permanent members as part of a semi-closed competition. This was anathema to European football stakeholders, particularly the fan groups, for whom the Continent’s merit-based qualification system and promotion and relegation are sacrosanct. “I’m sick and tired [of] these comparisons … Read more

Scandal-plagued minister quits Italy’s government – POLITICO

The minister on Friday said the antitrust authority sent him a “complex and confusing letter” barring him from speaking at art conferences — such as the one in Milan — and that he was therefore resigning from his government role. “From now on, I am Vittorio Sgarbi and that’s it,” he said. In a separate … Read more

US opens antitrust probe on investments by Microsoft in OpenAI, Alphabet and Amazon in Anthropic

The FTC orders will allow the agency to scrutinise the inner workings of deals between Microsoft, Google and Amazon and AI providers to help the antitrust and consumer protection agency understand how these deals have affected competition. 03:08 What if robots took over the world? One ‘imagines’ nightmare scenario What if robots took over the … Read more

Apple pays US$13.7 million Russian fine, antitrust agency says

US tech giant Apple has paid a Russian fine of 1.2 billion roubles (US$13.65 million), imposed over the company’s alleged abuse of its dominant market position concerning in-app payments, Russia’s FAS antitrust agency said on Monday. Apple, which did not immediately respond to a request for comment on Monday, has previously “respectfully disagreed” with a … Read more