Welcome to the Tech Meme Rain Home for Monday, June 24, I'm Brian McCullough.

Today, could Apple soon owe Europe a ton of money as they are the first to run afoul of the DMA.

Good Meta soon joined Open AI as part of Apple Intelligence, why food delivery apps are seeing

plunging usage in New York City and Seattle, and a big new AI focus bill in California that

AI startups are worried about. Here's what you miss today in the world of

tech.

Apple has become the first big tech company to be charged under Europe's DMA rules and could be fined up to 10% of its annual global revenue or 38 billion dollars at least based on

2023 numbers. This comes as in preliminary findings. The EU says

Apple's anti-steering rules for developers breached the DMA. The EU is also probing if

Apple's developer fees comply with EU rules, quoting the F.T. If found guilty, the

iPhone maker faces a penalty of up to 10% of its global annual revenue,

meaning any fine could run into the tens of billions of dollars. The fines can rise to 20%

in the event the offense is repeated, the said Apple said it was quote confident in

its compliance speaking at a conference on the DMA in Amsterdam on Monday

Margaret Vestager the EU's executive vice president in charge of digital policy said, quote,

we are dealing with the biggest and most valuable companies on the planet. The DMA is not an

excessive ask. It is plain vanilla to ask for a fair, open, and contestable marketplace.

She added, I find that it is surprising that some of the most valuable respected big companies

on this planet do not take compliance as a badge of honor."

The Commission's preliminary findings have to be finalized within one year from the start of its

official investigation in March.

The Commission, the Block's Executive Arm, also announced on Monday that it was investigating

...