U.S. launches phase two of Gaza plan, urges Hamas compliance
President Donald Trump’s special envoy, Steve Witkoff, announced on Wednesday the launch of phase two of the Gaza plan, which includes the establish...
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.
Real Madrid have parted ways with coach Xabi Alonso, appointing former defender Álvaro Arbeloa as his replacement.
The U.S. has issued an urgent security notice calling all American citizens to leave Iran immediately, citing escalating protests, growing violence and widespread communication shutdowns across the country.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
The United Nations’ top court at The Hague has begun hearings on whether Myanmar committed genocide against the Rohingya ethnic minority. Gambia told judges on Monday that Myanmar targeted minority Muslim Rohingya for destruction and made their lives a nightmare in a landmark case.
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment