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Brussels fines Apple and Meta for noncompliance with the Digital Markets Act – Computerworld
The European Commission (EC) has just imposed the first two fines for noncompliance with the Digital Markets Act (DMA). After more than a year of investigation, it has imposed fines of €500 million on Apple and €200 million on Meta. In the first case, the agency says that the iPhone manufacturer imposed restrictions on application developers to inform customers about…
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Sony Is Raising the Price of the PS5 in Select Markets
The Trump administration’s tariffs are having swift and serious consequences on global markets. Companies are pausing sales to the United States, while others are thinking about price increases to compensate for the added tariff fees. Combine that instability with inflation and other financial insecurities, and it’s a tough time for economies everywhere. Unfortunately, these increased costs of doing business don’t…
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Apple’s Macs are powering the PC market’s recovery
Maybe the forced Windows upgrades are to blame. Perhaps it’s the bad karma created by the Crowdstrike debacle. Or possibly, computer users have finally become convinced by Apple. Whatever the reason, it’s Apple’s Macs that are driving — and winning — the PC sales rebound, according to the latest Canalys data. Coming as it does on top of news that 88% of US teenagers are using…
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US intensifies scrutiny of the EU’s Digital Markets Act
In a significant escalation of transatlantic tensions over tech regulation, US House Judiciary Chairman Jim Jordan has demanded clarification from the EU antitrust chief Teresa Ribera regarding the enforcement of the EU’s digital marketplace rules, citing concerns about potential discrimination against American companies. The move comes in the wake of President Donald Trump’s recent memorandum announcing heightened scrutiny of the…
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Huawei Releases First Tri-Fold Phone to International Markets
Chinese smartphone maker Huawei launched its luxury Huawei Mate XT, a three-panel foldable phone, globally on February 18, the Associated Press reported from the launch event in Malaysia. The phone retails for $3,662. It isn’t available directly from U.S. carriers and won’t work with U.S. network bands, due to a U.S. ban on Huawei products due to cybersecurity concerns; however,…
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CMA sets out plans for new digital markets regime – with Apple and Google expected to be first in its sights
The UK’s Competition and Markets Authority (CMA) has announced plans for action as part of UK’s the new digital markets competition regime. Under the Digital Markets, Competition, and Consumers Act (DMCCA), which came into force on 1 January, the CMA will designate large organizations that hold a significant influence over a specific market with ‘Strategic Market Status’ (SMS). The CMA…
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AI revolution drives demand for specialized chips, reshaping global markets – Computerworld
Turbulence in the market for some chip makers Though global semiconductor chip sales declined in 2023 by about 11%, dropping from the previous year’s record of $574.1 billion to around $534 billion, that downturn did not last. Sales are expected to increase by 22% in 2025, according to Morales, driven by AI adoption and a stabilization in PC and smartphone…
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Guide to UK’s Digital Markets, Competition and Consumers Act
The Digital Markets, Competition and Consumers Act is designed to regulate the behaviour of major digital firms with significant market power in the U.K. The legislation grants the Competition and Markets Authority new powers to impose requirements on tech companies with “Strategic Market Status,” reminiscent of the “gatekeeper” organisations that must abide by the E.U.’s Digital Markets Act. However, while…
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“Markets do not stand still”: The UK needs to up its game to fend off open source competition
While open source software has had a particularly strong impact in the UK, the country risks losing its prominent position in the global ecosystem, according to a new report from OpenUK. Governments in France and Germany have expanded their investment and support for open source software development and contributions, meaning the growth of AI projects and companies in France has…
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