TNB Tech Minute: Spain Expands Antitrust Probe on Apple’s Third-Party App Prices
WSJ Tech News Briefing
The Wall Street Journal
4.6 • 1.6K Ratings
🗓️ 29 July 2025
⏱️ 3 minutes
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| 0:00.0 | Business is evolving fast, and hearing how others are adapting can make all the difference. |
| 0:04.9 | Hear perspectives from global executives as they share what's working, what's changing, and what they think lies ahead on the Executive Insights podcast, available in all major podcast platforms. |
| 0:16.6 | Here's your morning TNB Tech Minute for Tuesday, July 29th. |
| 0:23.3 | I'm Ariana Aspuru for the Wall Street Journal. |
| 0:29.4 | Spain's competition regulator, Commission Nacional de los Mercados and la Competencia, |
| 0:33.3 | said it is broadening the scope of a probe it started last summer, |
| 0:39.5 | over whether Apple's business terms for developers that rely on the app store to make money are anti-competitive. |
| 0:46.4 | It's also looking at Apple's requirements to developers to set prices for their apps, subscriptions, and in-app purchases. |
| 0:51.0 | Apple said that developers compete on a level playing field on the app store. |
| 0:56.9 | The watchdog originally set a 24-month window to wrap up its 2024 investigation, |
| 1:03.8 | which is staying in place. Elsewhere, Spotify gained subscribers in the second quarter, but still reported a net loss. The company expanded access around the world to its audiobooks and |
| 1:09.2 | personalized music offerings, with the company's |
| 1:12.0 | gains led by growth in Latin America, Europe, and other global markets. But the streaming |
| 1:17.0 | service posted a net loss of about $100 million in the quarter, affecting the company's |
| 1:22.7 | performance were higher personnel, professional services, and marketing costs. |
| 1:32.1 | And finally, shares of the European IWRewr Company, Esselaulogsautica, |
| 1:38.0 | rose after executives were upbeat on the growth potential of a smart glasses partnership with META. |
| 1:43.2 | The company's Ray-Ban meta-smart glasses spurred revenue growth in the June quarter, |
| 1:45.5 | with a second AI-powered line of glasses planned. The company's chief financial officer also said SLOL Exotica is trying to diversify |
| 1:52.2 | its supply chain in response to tariffs, and that price increases in the U.S. will help mitigate |
| 1:57.6 | tariff impacts on profitability. That's your TNB Tech Minute. |
| 2:01.7 | Join us again this afternoon for more. |
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