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Amazon discloses 181 million users in EU in first store transparency report

Economic Times

Economic Times · 1y ago

Amazon discloses 181 million users in EU in first store transparency report

Amazon has disclosed that it has 181 million users in the European Union, as per its first-ever store transparency report. The report aims to provide insights into its efforts to prevent counterfeit products and protect consumer safety. Amazon seized over 2 million counterfeit products before they were sent to customers and blocked more than 10 billion listings suspected of being counterfeit. The company has invested heavily in technologies to detect and stop counterfeit products on its platform.

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Apple hit with $162 million French antitrust fine over privacy tool

Economic Times

Economic Times · 5m ago

Apple hit with $162 million French antitrust fine over privacy tool

French antitrust regulators fined Apple 150 million euros ($162.4 million) for abusing its market position through its App Tracking Transparency (ATT) tool, marking the first antitrust penalty over ATT. The fine follows a prior EU fine for Apple’s conduct on the App Store. Complaints from advertisers and publishers prompted the fine, alleging ATT made advertising difficult, particularly for smaller publishers. Apple expressed disappointment but noted no required changes to ATT were mandated.

Amazon will have to publish an ads library in EU after all

TechCrunch · 1y ago

Amazon will have to publish an ads library in EU after all

The European Union's highest court has ruled that Amazon will be required to publish an ads library in the EU. This decision comes as part of the bloc's Digital Services Act, an online governance and algorithmic accountability rulebook. While other tech giants have complied with the ads transparency provision, Amazon filed a legal challenge and was granted a temporary suspension. However, the Court of Justice of the EU has reversed this decision, stating that the European Commission was denied the chance to comment on Amazon's arguments. This ruling is a win for platform transparency and will force Amazon to be more open about the ads it displays and monetizes.

Apple-Spotify case: EU slaps nearly $2 billion fine on tech giant

Economic Times

Economic Times · 1y ago

Apple-Spotify case: EU slaps nearly $2 billion fine on tech giant

Apple has been fined over 1.8 billion euros ($1.95 billion) by the EU for impeding music streaming services like Spotify from informing users about payment options outside of the App Store. The European Commission found that Apple's restrictions constituted unfair trading conditions, marking the first antitrust fine against the tech giant. Apple plans to challenge the decision in court, stating that there is no evidence of consumer harm. This ruling aligns with the upcoming Digital Markets Act, which requires Apple to remove App Store restrictions. Despite the fine, it is significantly lower than previous penalties imposed on Google by the EU.

'SpyLoan' apps offer easy money but come with death threats

Gizmodo

Gizmodo · 1y ago

'SpyLoan' apps offer easy money but come with death threats

According to a report from ESET Research, malicious loan apps on the Google Play Store have been downloaded 12 million times by Android device owners since 2020. These fraudulent apps, known as "SpyLoan apps," promise quick loans but actually steal users' personal and financial information to blackmail them. The apps have grown by 90% in the first half of 2023, primarily targeting users outside of the U.S. and Europe. Google confirmed the report and stated that they take security claims seriously and take appropriate action against violating apps.

Apple to face major charges over App Store monopoly

Livemint

Livemint · 1y ago

Apple to face major charges over App Store monopoly

Apple is facing charges from the European Union (EU) for allegedly blocking competition in its App Store platform. EU regulators believe that Apple is not allowing app developers to offer alternative app distribution methods without paying fees to Apple. These charges are likely to be the first use of the Digital Markets Act against Apple. The EU began investigating Google and Apple earlier this year under the same law. Apple has made changes to its App Store policies to comply with upcoming EU regulations, but critics argue that the fee structure remains unfair.

EU set to fine Apple in Spotify music streaming case

Economic Times

Economic Times · 1y ago

EU set to fine Apple in Spotify music streaming case

Apple is reportedly facing a fine of around €500 million ($543 million) from the European Union (EU) in an antitrust case related to its music streaming service. The European Commission accuses Apple of restricting competition by preventing Spotify and other music streaming companies from informing users about alternatives to the App Store. Additionally, the EU will likely require Apple to cease such practices, in line with the forthcoming Digital Markets Act. This fine is much smaller compared to previous penalties imposed on Google, while the EU is also examining Apple's decision to remove home screen web apps in compliance with the new regulations.

Amazon still has a serious plastic waste problem in the US

The Verge

The Verge · 1y ago

Amazon still has a serious plastic waste problem in the US

A report from Oceana reveals that Amazon's plastic waste in the US has continued to increase, despite the company's promises to reduce plastic packaging. In 2022, Amazon generated 208 million pounds of plastic waste from packaging in the US, representing a nearly 10% increase from the previous year. While Amazon claims to have reduced plastic packaging globally, the report highlights the need for improvement in the US, the company's largest market. The lack of transparency in Amazon's reporting on plastic waste makes it challenging to assess the true extent of the problem.

How DMA gatekeepers are responding to the EU's new competition rules -- in their own words

TechCrunch · 1y ago

How DMA gatekeepers are responding to the EU's new competition rules -- in their own words

The compliance deadline for tech giants regulated under the EU's Digital Markets Act (DMA) has passed. The EU will now assess whether companies like Google, Amazon, and Microsoft are abiding by DMA requirements. The first batch of gatekeeper compliance reports, providing varying levels of detail, has been published. Reports range from a brief 12-page summary from Apple to a multipart report from Microsoft spanning over 400 pages. Amazon's report is visually appealing, while Google's is long and dense. Meta emphasizes its efforts to comply, while ByteDance's report is written in legalese.

X releases its first transparency report since Elon Musk's takeover

Economic Times

Economic Times · 11m ago

X releases its first transparency report since Elon Musk's takeover

Social media platform X, formerly Twitter, has released its first transparency report since being purchased by Elon Musk. The report reveals that X has removed millions of posts and accounts in the first half of this year. Roughly 5.3 million accounts were suspended, compared to 1.6 million in the first half of 2022. Additionally, over 10.6 million posts were removed or labeled for violating platform rules, with 5 million categorized as hateful conduct. X employs a combination of machine learning and human review to enforce their rules. Musk's ownership of the platform has garnered criticism for creating a chaotic and toxic environment.

Apple takes fight against $587 million EU antitrust fine to court - The Economic Times

Economic Times

Economic Times · 1m ago

Apple takes fight against $587 million EU antitrust fine to court - The Economic Times

Apple is contesting a $587 million EU fine in Europe’s second-highest court. The European Commission ruled that Apple's restrictions on app developers, preventing them from directing users to cheaper alternatives outside the App Store, violated the Digital Markets Act. Apple argues the fine and decision overreach legal requirements and has filed an appeal. The company has recently changed its App Store rules to avoid daily fines, awaiting feedback from app developers to finalize compliance.

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