Italy’s competition authority has imposed a €98.6 million fine on Apple, intensifying scrutiny over how the company operates its App Store and applies privacy rules to developers. The decision adds to a broader European debate on whether Apple’s control over its mobile ecosystem disadvantages third-party app makers, even as the company argues that its policies
Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance’s hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes takeover battle that could reshape Hollywood’s streaming landscape. Paramount said on Monday that Ellison has provided an “irrevocable personal guarantee” covering $40.4 billion of equity financing for
Zcash (ZEC) continues to demonstrate resilience in the cryptocurrency market, with recent developments shaping its near-term trajectory. Over the past 24 hours, Zcash (ZEC) has risen by 11.97%, outperforming a relatively flat crypto market, and currently trades just above $420. This surge reflects a combination of regulatory optimism, technical momentum, and network improvements, prompting analysts
US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while the S&P 500 and Dow Jones also advanced. The rally came after Micron Technology’s blowout earnings and upbeat guidance reignited confidence that artificial intelligence infrastructure spending remains robust despite recent market volatility.
US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions from threatened tariffs on pharmaceutical imports. The agreements bring the total number of drugmakers aligned with Trump’s pricing initiative to 14 of the 17 companies the administration targeted this year. The latest
The following are the top crypto news stories from Latin America this week. The Brazilian stock exchange B3 boosted its blockchain integration strategy by announcing a stablecoin and a tokenisation platform. In El Salvador, Bitso and Tether have joined together to encourage startups and stablecoin-based solutions. Meanwhile, Bitso Business, Bitso’s B2B branch, reported record results
When a single airline carries nearly two-thirds of India’s domestic passengers and two apps handle more than four out of every five UPI transactions, market dominance is no longer an abstract policy; it becomes a monthly line item on your bill. India’s economy has quietly consolidated into oligopolies across essential services. IndiGo’s December 2025 operational
Consumers planning to buy a new PC or smartphone next year may face higher prices, and the reason is increasingly clear: soaring memory costs driven by artificial intelligence demand. Micron Technology’s latest financial results offer a window into how the AI boom is reshaping the global memory market — with ripple effects across consumer electronics.
China’s rapid embrace of robotics is reshaping everyday life and positioning the country as a global leader in advanced technologies. While the US remains focused on artificial intelligence (AI) chips only, China has already achieved dominance in robotics, clean-tech, and other strategic sectors, said Elizabeth Economy in a CNBC interview today. In fact, China is
The approach of 2026 is sharpening attention on one of the most consequential decisions in US economic policy: who will lead the Federal Reserve after Jerome Powell’s term ends in May. President Donald Trump has said he plans to announce his choice early next year, bringing to a head months of public criticism of Powell