Apple, Meta fined as EU presses ahead with tech probes.
The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law.
Apple
Apple’s 4-day slide puts Microsoft back on top as most valuable company.
As of Tuesday’s close, Microsoft is worth $2.64 trillion, while Apple’s market cap stands at $2.59 trillion
Smartwatch sales suffer setback: Global demand drops for first time.
“The biggest driver of the decline was North America
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple plans to open a new factory for artificial intelligence servers in Texas as part of a $500 billion investment in
Apple and Google allow TikTok back into their US app stores
TikTok, which is owned by the Chinese technology company ByteDance, disappeared from both stores in the United States on Jan. 18,
While US Slept Today, Markets In Asia And Europe Gained As The Dollar Strengthened
In economic data, U.S. jobless claims fell to 207,000, beating estimates, while economic growth slowed to 2.3% in Q4, down from 3.1% and below expectations of 2.6%. President Trump confirmed 25% tariffs on Canadian and Mexican imports starting February 1.
Elon Musk’s X To Introduce Its First Digital Wallet In Collaboration With Visa
Visa has been announced as the first partner for the platform’s upcoming “X Money Account” service, expected to launch later this year, according to a post from X CEO Linda Yaccarino on Tuesday. The service will enable in-platform digital wallets and peer-to-peer payments linked to users’ debit cards, with an option to transfer funds directly to bank accounts.
Tata Electronics Acquires 60% Stake In Pegatron Technology India Ltd For iPhone Plant
As part of this deal, in addition to acquiring a majority stake in PTI, TEPL and PTI will work on integrating their teams to work seamlessly. PTI will undergo rebranding to reflect its new ownership structure and business direction while continuing to deliver high-quality electronics manufacturing services. This acquisition solidifies TEPL’s position as a key player in the Indian electronics manufacturing sector.