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Added on the 25/03/2022 07:30:48 - Copyright : Euronews EN
The EU hits Apple, Google parent firm Alphabet and Meta with the first ever probes under a mammoth digital law, which could lead to big fines against the US tech giants. Announcing the move, EU Commission executive vice-president Margrethe Vestager says that "DMA (Digital Markets Act) compliance is something that we take really seriously". Since March 7, the world's biggest tech firms have had to comply with the DMA, which aims to curb their behaviour and ensure that they give users more choice. SOUNDBITE
The European Parliament approves a controversial EU copyright law that hands more power to news and record companies against internet giants like Google and Facebook. IMAGES
The EU's landmark curbs on how tech titans do business online kicks in from March 7th. "As of midnight, the gatekeepers are required to prove that they are complying with the DMA (Digital Markets Act)", says Johannes Bahrke, EU spokesperson. Brussels is determined to create a more competitive online field that allows smaller players to flourish by ushering in a list of do's and don'ts for six so-called "gatekeepers" designated by the EU: Apple, Amazon, Google owner Alphabet, TikTok parent ByteDance, Meta and Microsoft. SOUNDBITE
Apple launches the iPhone 15, equipped with a universal USB-C charger instead of the company's usual Lightning port, after the EU ordered manufacturers to adopt a common connection. IMAGES
Gazprom's plan to cut gas deliveries to Europe shows EU countries must agree to reduce their use of Russian gas this winter, a Czech minister, whose country holds the EU presidency, says. SOUNDBITE
The closing bell rings at the New York Stock Exchange as resurgent technology shares lead US stock indices to fresh records, outperforming industrial names ahead of key economic releases and a Federal Reserve announcement later in the week. IMAGES
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