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☆ 'Winner take most': Here's what Wall Street is expecting from Amazon's Q1 earnings report
▼ + stars: | 2024-04-29 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

AdvertisementAmazon will report earnings on Tuesday after the closing bell and Wall Street has its eye on a few key details heading into the call. AdvertisementBofA analysts reiterated their "Buy" rating and $204 price target for the stock, implying a 13% upside from its current levels. AdvertisementAnalysts raised their price target for Amazon stock to $217, implying a 20% upside. The firm maintained its "Buy" rating and $220 price target, implying a 22% upside from the stock's current levels. The firm maintained its "buy" rating and $205 price target for Amazon stock, implying a 14% upside from current levels.

Persons: Goldman Sachs, —, Needham, Andy Jassy's, Wells Organizations: Investors, Service, Amazon, Amazon Web Services, Bank of America, Enterprise, Needham Locations: Wells Fargo

☆ Apple’s iPad will be subject to tough EU competition rules
▼ + stars: | 2024-04-29 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —Apple’s iPad will face heightened regulation in the European Union after officials labeled its operating system Monday as a key gatekeeper technology under EU competition law. The stricter regulations require, for example, that the iPad not restrict third-party companies from accessing Apple services. And they prohibit Apple from giving its own services preferential treatment on the iPad compared to those offered by competitors. Apple is already subject to European gatekeeper obligations on iOS and in its app store and browser. “We will continue to constructively engage with the European Commission to comply with the DMA, across all designated services,” Apple said in a statement.

Persons: Margrethe Vestager, iPadOS didn’t, “, Vestager, ” Apple, ” Organizations: CNN, European Union, Google, Microsoft, Apple, European Commission Locations: European

☆ Apple's iPad caught in EU's crosshairs as it clamps down on 'gatekeepers'
▼ + stars: | 2024-04-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

The European Commission said users are "locked in" to iPadOS and it's hard for them to switch. It comes as a part of a broader crackdown on "gatekeepers" and a market investigation into Apple. The DMA was designed to ensure fairness and healthy competition in the digital landscape and hold Big Tech "gatekeepers" accountable. In September, the EU Commission designated Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft gatekeepers. The EU said Monday that its iPadOS investigation found it has "features of a gatekeeper."

Persons: —, Apple's iPadOS, Margrethe Vestager, Apple didn't Organizations: EU, Digital, European Commission, Apple, Service, European, Big Tech, Business, EU Commission, Meta, Microsoft

☆ Google is once again dictating the future of the online ad industry and all its rivals can do is brace for impact
▼ + stars: | 2024-04-24 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

When Google sneezes, the entire online advertising industry catches a cold. Google's announcement Tuesday that it would again delay its planned timeline for killing off third-party tracking cookies had long been anticipated by the digital advertising industry. Google has a 28% share of the online ad market, according to market research firm Emarketer (a sister company to BI). Regulators could step in to resolve the cookie chaosSome industry experts are hoping regulators will step in to untangle the mess. Amid the four years of confusion, chaos, and harumphing, there has been one consistent theme: When it comes to the future of online advertising, Google calls the shots.

Persons: Ciaran O'Kane, WireCorp, hasn't, Sundar Pichai, Stephen Lam, Mathieu Roche, James Rosewell, Google's, haven't, Pierre Devoize, Devoize Organizations: Google, Business, Gmail, Antitrust, US Department of Justice, European Commission, UK's, Markets Authority, CMA, Industry, IAB Tech, EU Google, Chrome, Movement Locations: FirstPartyCapital

☆ Google search boss warns employees of 'new operating reality,' urges them to move faster
▼ + stars: | 2024-04-23 | by ( Jennifer Elias | ) www.cnbc.com time to read: +9 min

"If there's a clear and present market reality, we need to twitch faster, like the athletes twitch faster," he said. The spokesperson highlighted the addition of generative AI to search and improvements in search quality, adding, "There's lots more to come." In March, Google named company veteran Elizabeth Reid to the role of vice president, leading search and reporting to Raghavan. "We're in a new cost reality," Raghavan said. Demis Hassabis, Google's AI leader, said in February after the tool was taken down that it would be re-released in weeks.

Persons: Prabhakar Raghavan, Julia Nikhinson, Raghavan, Sundar Pichai, TikTok, dory, Elizabeth Reid, Ruth Porat, We've, Jonathan Raa, we've, they've, Demis, Bard, Pichai, That's Organizations: Google, US, Bloomberg, Getty, CNBC, Mazda, Microsoft, Google Gemini, Nurphoto, Union's, European Commission, Gemini Locations: Washington , DC, Mountain View , California, Silicon Valley, India, Brazil, Brussels, Belgium

☆ EU antitrust chief Margrethe Vestager on regulating Apple, Microsoft, and big tech
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU antitrust chief Margrethe Vestager on regulating Apple, Microsoft, and big techMargrethe Vestager, European Commission Executive Vice President, discusses probes into Apple and Microsoft, along with the Digital Markets Act.

Persons: Margrethe Vestager Organizations: Apple, Microsoft, European, Digital

☆ See how iPhone apps could change if Apple loses its DOJ antitrust fight
▼ + stars: | 2024-04-02 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

New app store AltStore could be coming to iPhones in the EU after to 2024 regional rule changes. The Apple App Store rival aims to give developers more control over app distribution and payment. AltStore offers a peek into how iPhone apps could change in the US if Apple loses a DOJ lawsuit. They'll also be able to use the same Patreon integration to distribute 'paid' apps, Testut told TechCrunch. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets," Apple told BI in March.

Persons: —, Apple, Riley Testut, They'll, Testut, Apple didn't Organizations: Apple, DOJ, Service, EU, Department of Justice, Digital, TechCrunch, Nintendo, Industry, Business

☆ 3 ways Apple’s monopoly lawsuit could change the iPhone experience for fans
▼ + stars: | 2024-03-26 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Apple added that the lawsuit could empower the government “to take a heavy hand in designing people’s technology.”But if successful, the lawsuit could ripple across Apple’s products and services. Anna Moneymaker/Getty ImagesChanges to the App StoreIf found liable, the company could be forced to change a number of things. One such change is how iPhone users could get greater access to “super apps” that have been largely restricted before. More open servicesAnother likely change is how hardware from other companies, such as smartwatches, will interact with the Apple range of devices and software, including the iPhone and Apple’s services like Fitness+. But Apple’s success stems in part to its tight grip on its products and services, keeping things intuitive and seamless.

Persons: Biden, Apple, here’s, General Merrick Garland, Anna Moneymaker, Dipanjan Chatterjee, Forrester, ”, Chatterjee, it’s, David McQueen, ” McQueen, ” Chatterjee Organizations: CNN, Apple, Department of Justice, ”, Apple Watch, ABI Research Locations: Washington ,, innovating

☆ EU investigations into Apple, Meta and Alphabet explained
▼ + stars: | 2024-03-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU investigations into Apple, Meta and Alphabet explainedThe European Commission has opened probes into Apple, Meta and Alphabet under a sweeping tech regulation known as the Digital Markets Act. CNBC's Arjun Kharpal explains exactly what the EU is investigating and what could happen next.

Persons: CNBC's Arjun Kharpal Organizations: Apple, Commission, Digital

☆ The EU probe into Big Tech companies is 'effectively noise', says Deepwater's Gene Munster
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe EU probe into Big Tech companies is 'effectively noise', says Deepwater's Gene MunsterGene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss the EU's investigation into Apple, Alphabet and Meta under the new 'Digital Markets Act' tech legislation, the potential impact on the Big Tech companies, Apple's stock performance, and more.

Persons: Deepwater's Gene Munster Gene Munster Organizations: EU, Big Tech, Deepwater Asset Management, Apple

Alphabet, Apple and Meta were told by European Union regulators on Monday that they were under investigation for a range of potential violations of the region’s new competition law. The law requires Alphabet, Apple, Meta and other tech giants to open up their platforms so smaller rivals can have more access to their users. The investigations center on whether Apple and Alphabet, the parent company of Google, are unfairly favoring their own app stores to box out rivals. Meta will be questioned about a new ad-free subscription service and the use of data for selling advertising. The European Commission, the European Union’s executive arm, can fine the companies up to 10 percent of their global revenue, which for each runs into the hundreds of billions of dollars each year.

Organizations: Meta, European Union, Apple, Google, European Commission

☆ EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
▼ + stars: | 2024-03-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

(Photo by Dursun Aydemir/Anadolu Agency via Getty Images)The first two probes focus on Alphabet and Apple and relate to so-called "anti-steering rules." The European Union on Monday opened an investigation into Apple , Alphabet and Meta , in its first probe under the sweeping new Digital Markets Act tech legislation. "The way that Apple and Alphabet's implemented the DMA rules on anti-steering seems to be at odds with the letter of the law. Apple and Alphabet will still charge various recurring fees, and still limit steering," EU competition chief Margrethe Vestager said during a press conference on Monday. "We're confident our plan complies with the DMA, and we'll continue to constructively engage with the European Commission as they conduct their investigations.

Persons: Margrethe Vestager, Dursun Aydemir, Apple, Oliver Bethell Organizations: European Commission, Anadolu Agency, Getty, Digital Markets, Google, European Union, Apple, Markets, CNBC Locations: Europe, Brussels, Belgium

☆ Digital Markets Act: Apple, Google and Meta at risk of ‘heavy’ fines as Europe launches new probes
▼ + stars: | 2024-03-25 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —The European Union has launched investigations into Apple, Google and Facebook parent Meta on suspicion that they are failing to comply with a new landmark European law designed to promote competition in digital services. The European Commission said it “suspects” that various practices by all three companies “fall short of effective compliance” with the Digital Markets Act (DMA), which went into effect earlier this month. If the probes find a “lack of full compliance,” they could face “heavy fines,” said European Commissioner Thierry Breton. The practices the European Commission is investigating include what it calls Meta’s “pay or consent” approach. Last October, Meta (META) launched a subscription service, called “Subscription for no ads,” allowing European users of Facebook and Instagram to pay up to €12.99 ($14) a month for ad-free versions.

Persons: “, ”, Thierry Breton, Elon Musk’s, Meta’s, Meta’s ‘ Organizations: London CNN, European Union, Apple, Google, European Commission, Digital Markets, Microsoft, Commission, Meta, Facebook, CNN

☆ All the ways Apple is a monopoly, according to its critics
▼ + stars: | 2024-03-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Here are some of the ways the DOJ says Apple is a monopoly. AdvertisementHere are a few ways the DOJ argues that Apple maintains a tight hold over the iPhone ecosystem — and keeps competitors out. The suit argues that Apple sets conditions for the apps it allows on the App Store and imposes anti-competitive rules and regulations. The suit argues that Apple makes third-party messaging apps on the iPhone "worse" than Apple messages. Digital WalletsIt's becoming more common for iPhone users to pay for items with Apple Pay, the company's digital wallet system.

Persons: —, Apple, iPhones Organizations: Department, Apple, DOJ, Service, Big Tech, Business, Digital Markets, Netflix, Hulu, Watch, Samsung Galaxy Watch, Apple Pay

☆ Here's how your iPhone could get worse if the DOJ's antitrust lawsuit succeeds
▼ + stars: | 2024-03-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.

Persons: —, Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg

☆ How your iPhone could get better if Apple loses its big legal battle
▼ + stars: | 2024-03-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +9 min

More smartwatch optionsA Google Pixel Watch and the iPhone don't play as nicely together as an Apple Watch and the iPhone. GoogleIf the Apple Watch isn't your cup of tea, a court loss for the company could make using an alternative watch with the iPhone more seamless. Prosecutors said the Apple Watch depends too much on the iPhone while other smartwatches aren't nearly as compatible with the iOS system. iOS users might have been overcharged for music streaming subscriptions due to the fees placed on app developers by Apple, regulators said. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets," Apple told BI in a statement.

Persons: —, Apple's, you'll, Apple, Jonathan Kanter, Kanter, Riley Testut, Jamie Court, you've, they've, Testut Organizations: Apple, DOJ, Service, US Department of Justice, CNBC, EU's, EU, Epic, Consumer, LA Times, Watch, Apple Watch, Google, Prosecutors, European Commission Locations: EU

Just_super | E+ | Getty ImagesThe European Union's parliament on Wednesday endorsed the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while safeguarding fundamental rights. "Artificial intelligence is already very much part of our daily lives. Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see the technology banned — to high, medium and low hazard. "The AI Act is not the end of the journey, but, rather, the starting point for a new model of governance built around technology.

Persons: Thierry Breton, Roberta Metsola, Dragos, Tudorache Organizations: Intelligence, Wednesday, EU, European, Union, Digital Markets, — U.S, Apple, Meta, Microsoft, Google, Nvidia Locations: Europe, Germany, France, U.S, India

☆ Apple will allow iPhone app downloads from websites in Europe
▼ + stars: | 2024-03-12 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

IPhone users in the European Union will be able to download apps from websites, instead of through the App Store or a competing app store app, Apple said, in the the latest change forced by the European Commission's Digital Markets Act. Tuesday's announcement is the latest example of the Digital Markets Act forcing Apple to make long-resisted changes to its App Store business processes. Under the DMA, Apple has been forced to allow third-party app stores in Europe, has reinstated antitrust adversary Epic Games' developer account amid a legal dispute, and has backtracked on banning web app shortcuts on the main iPhone screen. Apple still plans to charge a fee of fifty Euro cents for app downloads outside of its App Store, including web app downloads. The company has said Europe represents about 7% of Apple's App Store revenue.

Persons: Tim Cook, Apple, Margrethe Vestager, Vestager Organizations: Apple Inc, Apple Worldwide Developers, European Union, Commission's, Apple, Digital, Epic Games, Commission, European Commission, Spotify, EU, CNBC Locations: San Jose , California, U.S, European, Europe, iPhones

☆ World Wide Web turns 35: Tim Berners-Lee gives predictions for future
▼ + stars: | 2024-03-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

Tim Berners-Lee is credited with inventing the World Wide Web in 1989. These are just some of the predictions for the future of the web from the inventor of the World Wide Web, Tim Berners-Lee, on the 35th anniversary of its invention. Tim Berners-Lee Inventor, World Wide WebBerners-Lee got to continue working on his idea for this information sharing system, and by 1991, the World Wide Web was up and running. When Tim Berners-Lee started work on the World Wide Web 35 years ago, he had no idea it was about to become the ubiquitous force it is today. Tim Berners-Lee Inventor, World Wide Web

Persons: Tim Berners, Lee, Rita Franca, Berners, Fabrice Coffrini, of Berners, Robert Blumofe, Akamai, Blumofe, we'll, Sebastian Derungs, you'll, Chintan Patel, Patel Organizations: CERN, CNBC, AFP, Getty, Microsoft, Samsung, Galaxy, Massachusetts Institute of Technology, Google, Apple, Afp, Forte Ventures, Akamai, Glasswing Ventures, Cisco, Big Tech, Digital Markets Locations: Swiss, London, Berners, U.S

☆ Apple reverses decision to ban Epic Games from having its own app store
▼ + stars: | 2024-03-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Epic Games will be allowed to have its own app store on IOS in Europe. Apple reversed its decision not to allow the Epic Games Store following the passage of the Digital Markets Act in the EU. Epic, which makes Fortnite, has been battling Apple and Google over in-app purchases for years. AdvertisementApple is backing down after saying it would not allow Epic Games to have its own app store on IOS in Europe. Epic Games, which makes Fortnite, has been battling Google and Apple to get around their hold on in-app purchases on their platforms in recent years.

Persons: —, Apple Organizations: IOS, Apple, Digital, Google, Service, Epic Games, European Union, CNN, Epic, Business Locations: Europe

☆ Apple backs down against ‘Fortnite"-maker Epic Games amid EU investigation threat
▼ + stars: | 2024-03-08 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Apple relenting means Epic will be able to bring “Fortnite” back to iPhones in Europe, Epic said in a blog post. “Apple has told us and committed to the European Commission that they will reinstate our developer account. Apple said it reached the decision “following conversations with Epic” in which Epic committed to following Apple’s new EU-focused policies. “Epic Sweden AB has been permitted to re-sign the developer agreement and accepted into the Apple Developer Program,” Apple said in a statement. Epic CEO Tim Sweeney wrote back to Apple promising to abide by its terms, but Apple rescinded the developer account anyway.

Persons: “, Fortnite, Fortnite ”, Apple, ” Apple, Thierry Breton, Tim Sweeney, ” Organizations: CNN, Apple, European Union, European Commission, Markets, Apple Developer, EU Locations: Europe, iPhones, pushback

So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.

Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, “, we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, —, kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, “, Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The

☆ Apple reverses course, approves Epic Games for app store in Europe
▼ + stars: | 2024-03-08 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Apple has approved Epic Games' developer account in Sweden, which will allow the company to offer a competing app store on iPhones in Europe under a new antitrust regulation, the Digital Markets Act. Still, according to emails provided by Epic Games, a lawyer for Apple rejected Sweeney's statement and blocked Epic's European account. An Apple spokesperson confirmed that Epic Games' account had been restored after Epic told Apple it will follow its platform policies. Epic Games said it would use the account to publish Fortnite for iPhones in Europe as well as its own Epic Games store. The conflict between Epic Games and Apple goes back to 2020, when Epic Games updated the shooter game Fortnite to bypass Apple's 30% cut of App Store sales.

Persons: Tim Sweeney, Apple, Phil Schiller, Sweeney, Schiller, — Organizations: Epic Games, Apple, Games, Digital, Epic, Apple App, European Commission, Markets, Apple Developer, CNBC Locations: Seoul, South Korea, Sweden, iPhones, Europe, U.S, California

The overhaul rolling out Thursday only in the Europe represents the biggest changes to the iPhone's App Store since Apple introduced the concept in 2008. Among other things, people in Europe can download iPhone apps from stores that aren't operated by Apple and are getting alternative ways to pay for in-app transactions. That came during testimony in a May 2021 trial resulting in a U.S. judge ruling that the App Store isn't a monopoly. In that decision, the judge required Apple to begin allowing links to outside payment options inside iPhone apps in the U.S. Apple still doesn't permit alternative iPhone app stores in the U.S. or more than 100 other countries outside the EU.

Persons: Apple, Tim Sweeney, Steve Jobs, Epic's Sweeney, ” Apple Organizations: Apple, Union, Digital Markets, Spotify, Epic, European Commission, U.S, Regulators, Google, Facebook, Apple Watch, Supreme, EU Locations: Europe, Apple’s, Sweden, U.S, It's

☆ Sweeping EU rules for tech giants take effect today. Here’s what’s changing
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.

Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, ”, Agustin Reyna, “, Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe

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