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Apple plans to appeal European Commission’s massive antitrust fine favoring Spotify
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
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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TikTok launches data portability API ahead of Europe’s DMA regulatory deadline
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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