Facebook is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people to move money from their smartphones.
Apple has said it welcomes competition in face of accusations that it has an unfair advantage on its App Store.
Spotify has labelled Apple a “monopolist” as the competition row between the music streaming service and the technology giant continues.
Apple has fired back at Spotify’s antitrust complaint, saying the music streaming giant wants all the benefits of its app store without contributing to the marketplace.
Facebook is under criminal investigation in the US over the alleged sharing of user data with some of the world’s biggest technology firms, a report has claimed.
Spotify has submitted a complaint against Apple to the European Commission arguing that the iPhone maker gives itself an unfair advantage by charging digital app rivals a 30% “tax” on purchases made through iOS.