Google urges court to scrap $1.6 bln EU antitrust fine
Google urges court to scrap $1.6 bln EU antitrust fine
Source: bdnews24.com
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Meituan, China's biggest on-demand delivery provider, posts wider quarterly loss amid regulatory pressure
China’s largest on-demand services provider, with more than 5 million delivery couriers, saw revenue slow for the third consecutive quarter.
Source: scmp.com
Starbucks to widen online reach in China through new alliance with Meituan, ending coffeehouse chain's partnership with Alibaba-backed Ele.me
With that new alliance, the US coffeehouse chain ended its three-year exclusive partnership in mainland China with Alibaba-backed food delivery platform Ele.me.
Source: scmp.com
Italy hits Amazon, Apple with €200m antitrust fine | Money
ROME, Nov 23 — Italy’s competition watchdog imposed fines totalling over €200 million (RM944 million) on Amazon and Apple today in the latest action taken against US tech giants in Europe over their business practices. The watchdog ordered Apple to pay €134.5 million and e-commerce...
Source: malaymail.com
Apple's Antitrust Fine Worth $1.3 Billion is Politically Motivated as Regulator Wants to Be Seen Taking on BigTech
Apple said that the decision is disheartening and the record-breaking fine will cause chaos among tech companies.
Source: techtimes.com