EU Fines Apple and Meta Total of $800 Million in First Use of Digital Competition Law
The European Commission said the Silicon Valley companies violated the Digital Markets Act, a law meant to crimp the power of the largest tech firms.
The European Commission said the Silicon Valley companies violated the Digital Markets Act, a law meant to crimp the power of the largest tech firms.
In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path, Orkut and Google Plus boomed.
The man-versus-machine competition was presented as a showcase for China’s ambition in areas from AI to robotics to semiconductors.
For the first time since the late 1990s Microsoft case, federal trials are weighing antitrust breakups, a tactic that harks back to Standard Oil.
The Meta chief executive testified in a landmark antitrust trial that it was business as usual when he bought rival apps. He denied he was trying to snuff out competitors.
Eric Slesinger made a career shift from the spy agency to venture capital, championing military start-ups as Europe beefed up its defenses amid an uncertain relationship with the United States.
Geo Group, a private prison firm that makes digital tools to track immigrants, becomes one of the Trump administration’s big business winners as its tech is increasingly used in deportations.
Meta’s antitrust trial, in which the government contends the company killed competition by buying young rivals, hinges on unknowable alternate versions of Silicon Valley history.
Mr. Zuckerberg went to court on Monday in a trial focused on his social media company’s acquisitions of Instagram and WhatsApp. The case could reshape Meta’s business.