Wed. 04/23 – Meta And Apple Fined By The EU
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4.7 • 984 Ratings
🗓️ 23 April 2025
⏱️ 19 minutes
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Summary
That delayed action from the European Commission finally came down on Apple and Meta. Would OpenAI be a logical home for the Chrome web browser? Massive layoffs coming to Intel. Anysphere turned down an acquisition offer from OpenAI. And are the tariff wars coming for Elon Musk’s robots?
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Links:
- Apple, Meta Fined by EU, Ordered to Comply With Tech Competition Rules (WSJ)
- OpenAI Would Buy Google’s Chrome Browser, ChatGPT Chief Says (Bloomberg)
- Intel to Announce Plans This Week to Cut Over 20% of Staff (Bloomberg)
- A new, open source text-to-speech model called Dia has arrived to challenge ElevenLabs, OpenAI and more (VentureBeat)
- Why OpenAI wanted to buy Cursor but opted for the fast-growing Windsurf (TechCrunch)
- Ex-OpenAI staff and top AI experts seek to block proposed for-profit restructure (FT)
- Tesla Humanoid Robot Plan Hampered by China Rare Earth Curbs (Bloomberg)
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Transcript
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| 0:00.0 | Welcome to the TechMean right home for Wednesday, April 23rd, 2025. I'm Brian McCullough today. That delayed action from the European Commission finally came down on Apple and meta. Would OpenAI be a logical home for the Chrome web browser? Massive layoffs coming to Intel. Any, turned down an acquisition offer from OpenAI, |
| 0:22.3 | and are the TerraForce coming for Elon Musk's robots? Here's what you miss today in the world of tech. |
| 0:33.0 | The European Commission has fined Apple 500 million euro and META, 200 million euro under the |
| 0:38.8 | DMA and issued cease and desist orders to both companies. Apple and META say they will appeal, |
| 0:45.0 | but perhaps more importantly, this, quoting the journal. The Commission also issued cease and |
| 0:50.4 | desist orders against both companies, which target business practices that are an important |
| 0:54.3 | part of their revenue streams and could have a bigger impact than the fines. It ordered Apple to |
| 0:59.2 | remove what it said were technical and commercial restrictions on app developers' ability to inform |
| 1:03.4 | users about cheaper and alternative ways to buy digital products outside the company's app store. |
| 1:08.3 | The commission also said it is still evaluating whether an |
| 1:11.2 | option meta has for several months given European users to see less personalized ads on Instagram |
| 1:16.4 | and Facebook without paying a subscription fee complies with the cease and desist order, raising the |
| 1:21.9 | specter of further changes. The EU fine covers a period last year when meta required European |
| 1:26.6 | users to agree to seeing |
| 1:28.3 | personalized ads on those apps or pay for an ad-free subscription. |
| 1:32.9 | The actions against both companies come under the EU's Digital Markets Act, a law pass in 2022 |
| 1:37.2 | that seeks to make it easier for smaller companies to compete with global tech behemus. |
| 1:41.6 | Breaches of the law carry a potential fine of up to 10% of a company's |
| 1:45.0 | global annual revenue. The fines issued Wednesday were far below that level around 0.1% |
| 1:50.3 | of each company's annual revenue, end quote. And quoting the verge, Apple's controversial |
| 1:56.2 | core technology fee or CTF applies to developers who want to distribute their apps on third-party app |
| 2:02.0 | marketplaces and use alternative payment options. Apple has been forcing developers to pay |
... |
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