EU fines Apple, Meta millions for breaching tech competition rules

The European Union has fined tech giants Apple and Meta substantial amounts for allegedly breaching the bloc's Digital Markets Act, accusing them of blocking app developers' ability to show alternative purchase options and requiring users on Instagram and Facebook to agree to less personalized ads or pay a subscription. Both companies are set to appeal the fines, with Apple arguing the EU's actions harm privacy and security while Meta's CCO describing the measures as unfair, effectively imposing significant costs akin to tariffs. Tensions between the EU and U.S. over trade policies and President Trump’s wavering support for Ukraine further complicate the situation.