Trump says Iran’s Mojtaba Khamenei not seen after strike – Latest on Middle East crisis
President Trump called on countries to assist in reopening the Strait of Hormuz, while Starmer said the UK is working with allies to restore naviga...
Brussels has fined Apple and Meta over €700 million combined, launching its first crackdown under the Digital Markets Act aimed at curbing big tech’s power and boosting competition in the digital economy.
The European Union has taken its first major enforcement step under the Digital Markets Act (DMA), levying significant fines against American tech giants Apple and Meta. The move underscores the bloc’s growing resolve to regulate dominant digital platforms and restore balance to the online economy.
Apple received a €500 million ($570 million) fine for what regulators called anti-competitive practices—specifically, restricting app developers from directing users to more affordable purchasing options outside of the App Store. According to EU authorities, this undermined consumer choice and stifled fair competition.
Meta, the parent company of Facebook and Instagram, was fined €200 million. The European Commission found its “pay or consent” model—where users must either accept targeted ads or pay a fee to avoid them—violated the DMA’s provisions on user autonomy and freedom of choice.
The Digital Markets Act, which came into force earlier this year, targets large digital platforms designated as “gatekeepers,” requiring them to allow fair access for competitors and greater transparency for users. The enforcement actions mark a key moment in the EU’s campaign to curtail the dominance of global tech firms.
The penalties, originally anticipated in March, were delayed due to rising trade tensions with the United States under President Donald Trump. Nonetheless, EU regulators have pressed forward, aiming to set a precedent for strict digital oversight.
Apple sharply criticised the decision, arguing that it had invested substantial resources to comply with the new legislation and calling the fine “unfair.” The company claimed it had implemented dozens of changes and spent “hundreds of thousands of engineering hours.”
Meta also objected, with Chief Global Affairs Officer Joel Kaplan accusing the EU of applying unequal standards. He suggested that the regulation was designed to “handicap successful American businesses” while giving competitors in Europe and China more leeway.
Industry observers say the fines may fuel further friction between Brussels and Silicon Valley, as governments worldwide continue to debate how best to regulate big tech’s outsized influence on digital markets.
Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
President Trump called on countries to assist in reopening the Strait of Hormuz, while Starmer said the UK is working with allies to restore navigation and stabilise oil markets. It comes as a strike near Iraq’s western border killed several Hashed al-Shaabi fighters, raising regional tensions.
The other evening, I was fuelling my car at a petrol station in Kenya’s capital. It was one of those small moments most motorists barely notice. The attendant filled the tank, I glanced at the pump price, paid, and drove off.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 15 March, covering the latest developments you need to know.
Top U.S. and Chinese economic officials launched a new round of talks in Paris on Sunday (15 March) to resolve issues in their trade truce. The discussions aim to smooth the way for U.S. President Donald Trump’s visit to Beijing to meet Chinese President Xi Jinping at the end of March.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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