Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.
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Apple lost a court case over a €13 billion EU tax bill, and on the same day Google lost an appeal against a €2.4 billion antitrust fine.
The European Commission has reached an agreement that Apple will no longer box out third-party touch-and-go payment apps.
The European Commission accused Apple of breaching the anti-steering app store rules included in the relatively new Digital Markets Act.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.