Apple plans to appeal European Commission’s massive antitrust fine favoring Spotify

March 4, 2024

Apple says it plans to appeal the historic €1.84 billion fine issued today by the European Commission over Apple’s anticompetitive practices in the streaming music market. In a newsroom post, Apple called out Spotify, a company based in Stockholm, Sweden as the “primary advocate” and “biggest beneficiary” of the EC’s decision — noting the streamer […]

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Mews, the hotel SaaS startup, books $110M at a $1.2B valuation

March 4, 2024

Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having a big knock-on effect for startups building tech to serve the sector. Mews, one of the startups building tools to help hotels manage IT better is announcing […]

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Advancing AI innovation with cutting-edge solutions  

March 4, 2024
AI is helping organizations in nearly every industry increase productivity, engage customers, realize operational efficiencies, and gain a competitive edge. Advances in supercomputing in the cloud and the ability to achieve processing at an exascale level are major catalysts for this new era of AI innovation. Common AI use cases today include personalized healthcare and…

TikTok launches data portability API ahead of Europe’s DMA regulatory deadline

March 4, 2024

TikTok is introducing a data portability API to help it comply with new European regulations designed to rein in Big Tech’s market dominance through various obligations and restrictions. The European Union (EU) assigned “gatekeeper” status to six tech companies last September, with TikTok parent Bytedance placed in the regulatory firing line alongside Alphabet, Amazon, Apple, […]

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Spotify calls Apple’s €1.84B antitrust fine a ‘powerful message,’ but cautions that the next steps matter

March 4, 2024

Spotify is cheering the European Commission’s decision to hold Apple accountable for anticompetitive practices in the streaming music market to the tune of a massive €1.84 billion fine, announced today. The streamer called the fine a “powerful message” that sends a signal that even “a monopoly like Apple” is not able to “wield power abusively” […]

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