Big Tech is facing its biggest challenge in decades as antitrust regulators crack down on alleged anticompetitive practices.
Browsing: Meta Platforms
The US has alleged in court papers that Apple monopolised the smartphone market, hurt smaller rivals and drove up prices.
The US justice department is poised to sue Apple, accusing the company of violating antitrust laws.
What started out as a partnership has degenerated into an “asymmetric” relationship, Caxton chairman Paul Jenkins has said.
Promoted | Paratus Zambia has announced the completion of its metro fibre network in partnership with Meta Platforms.
Meta Platforms has sued one of its former vice presidents for what it called a “stunning” betrayal.
The Digital Markets Act, which has now come into force, is designed to rein in Big Tech. The consequences will be far-reaching.
Apple will face questions over accusations it barred Epic Games from opening its own app store for iPhone customers in Europe.
A South African media think-tank has raised concerns about Facebook’s decision to stop publishing news in some markets.
Traders are eyeing Apple after its stock slid below a critical psychological threshold on Tuesday.