financetom
Business
financetom
/
Business
/
Apple, Google set to face probes under new EU digital law, Bloomberg Law reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple, Google set to face probes under new EU digital law, Bloomberg Law reports
Mar 21, 2024 9:04 AM

(Reuters) - Apple ( AAPL ) and Alphabet's Google are set to face European Union investigations into their compliance with a new law for Big Tech firms, paving the way for potentially hefty fines, Bloomberg Law reported on Thursday.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Singtel falls up to 3% after $2.3 billion impairment
Singtel falls up to 3% after $2.3 billion impairment
Apr 28, 2024
(Reuters) -Shares of Singapore Telecommunications (Singtel) fell as much as 3.3% on Monday to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for the second half of 2024. The impairment provisions would lead to the telecom giant reporting a net loss for the second-half period and a lower net profit for the...
US lawmakers strike deal to boost aviation safety, will not raise pilot retirement age
US lawmakers strike deal to boost aviation safety, will not raise pilot retirement age
Apr 28, 2024
WASHINGTON, April 29 (Reuters) - U.S. House and Senate negotiators said early Monday they had reached a deal to boost air traffic controller staffing and boost funding to avert runway close-call incidents, but will not increase the airline pilot retirement age to 67 from 65. The U.S. House of Representatives in July voted 351-69 on a sweeping bill to reauthorize...
Blackstone-owned Crown Resorts to cut up to 1,000 jobs as challenges mount
Blackstone-owned Crown Resorts to cut up to 1,000 jobs as challenges mount
Apr 28, 2024
(Reuters) - Blackstone-owned Crown Resorts will cut up to 1,000 roles in Melbourne, Perth and Sydney, it said on Monday, as weak economic conditions continue to impact its business and as it struggles to keep up with regulatory obligations. The job cuts will impact roles in the company's casinos in Melbourne and Perth and some corporate positions across Crown Sydney....
Philips pays $1.1 billion in US settlement over ventilator recall
Philips pays $1.1 billion in US settlement over ventilator recall
Apr 28, 2024
AMSTERDAM (Reuters) -Dutch medical devices maker Philips said on Monday it had agreed to pay $1.1 billion in a settlement of personal injury cases in the United States related to the global recall of ventilators used to treat sleep apnea. The company said it did not admit any fault or liability, but the settlement would end uncertainty over the U.S....
Copyright 2023-2026 - www.financetom.com All Rights Reserved