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EU fines Apple, Meta millions for breaching tech competition rules

The European Union has fined Apple €500 million (about $568 million) and Meta €200 million (about $227 million) for allegedly breaching the bloc’s Digital Markets Act, according to The Wall Street Journal. The EU has accused Apple of failing to comply with an obligation to allow app developers to inform customers of alternative ways to … Read more

EU fines Meta and Apple for breaching digital antitrust rules

Facebook and Instagram icons are seen displayed on an iPhone. Jakub Porzycki | Nurphoto | Getty Images The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws. The European Commission, which is the executive body of the EU, said it was fining Apple … Read more

OKX hit with $1.2m fine from Maltese authorities for breaching AML rules: report

Malta’s Financial Intelligence Analysis Unit has ordered OKX to pay a fine of €1.1 million for failing to comply with the nation’s Anti-Money Laundering standards. According to a recent Bloomberg report, Maltese authorities published a notice that informed the trading platform that it had failed to examine potential money laundering stemming from the products it … Read more

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