this post was submitted on 21 Feb 2024
238 points (98.4% liked)
Technology
60074 readers
3341 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
EU regulators, who are preparing to fine the tech giant 500 million euros in March over allegedly favoring its music-streaming app against competitors like Spotify, are also being lobbied to reject Apple’s proposals to satisfy the bloc’s Digital Markets Act.
Apple announced last month it will make changes to its iOS mobile software in Europe, such as allowing users to download apps from other sources and access alternative payment systems.
Meta chief executive Mark Zuckerberg has also dismissed Apple’s proposal as “onerous” and “at odds” with the intent of the EU regulation, saying he would be surprised “if any developer chose to go into the alternative app stores.”
The growing backlash has left the European Commission, the EU’s executive arm, with the dilemma of deciding whether years of work on the new legislation aimed at digital “gatekeepers” has had its desired effect on Apple—and whether it can sanction the company for failing to comply.
Meta and Microsoft are also hit by the DMA but spot an opportunity to grab a greater share of the around $27 billion Apple made in 2023 from App Store sales, according to data from Sensor Tower.
Nicholas Rodelli at CFRA Research said Meta’s move was a “direct challenge” to Apple’s policies, with tech companies now “going on the offensive” to exploit the iPhone maker’s new regulatory vulnerabilities.
The original article contains 935 words, the summary contains 222 words. Saved 76%. I'm a bot and I'm open source!