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Apple hit with EU antitrust charge over mobile payments technology

Apple hit with EU antitrust charge over mobile payments technology

by AIP Online Bureau | May 2, 2022 | International News, Regulation, Technology

“We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple’s devices,” EU antitrust chief Margrethe Vestager said in a statement BRUSSELS: Apple faces a possible hefty...

Former Apple employee charged with defrauding tech giant $10 mn

by AIP Online Bureau | Mar 20, 2022 | Facts, Workplace/Employee Benefits

San Jose: A federal criminal case unsealed Friday alleges that he exploited his position to defraud the company in several schemes, including stealing parts and causing the company to pay for items and services it never received A court has allowed the federal...
Apple becomes first company to hit $3 trillion market value

Apple becomes first company to hit $3 trillion market value

by AIP Online Bureau | Jan 4, 2022 | International News, Wealth Management/ Philanthropy

The world’s most valuable company is the first to reach the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. Apple’s march from $2 trillion to $3 trillion...

CCI orders probe against Apple’s alleged unfair business practices

by AIP Online Bureau | Dec 31, 2021 | Indian News, Regulation, Risk Management, Technology

The order from the CCI comes after a non-profit group alleged this year that Apple was abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system New Delhi: The Competition Commission of India (CCI) on Friday...
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