It looks like Apple is about to make history – as the first company to receive a fine under the EU’s Digital Markets Act (DMA). According to a new report from Bloomberg, the European Commission is planning to slap Apple with a fine of as much as 10 percent of the company’s global annual sales. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is preparing to launch an investigation into Temu, the Chinese online shopping business, amid concerns that the ecommerce platform is failing to crack down on sales of illegal products. The probe could be launched … Read more
U.S. prosecutors have charged Russian national Maxim Rudometov over his alleged involvement in developing and distributing the notorious Redline password-stealing malware. The charges were announced as part of “Operation Magnus,” first unveiled by the Dutch National Police on Monday. This years-in-the-making operation saw international law enforcement agencies dismantle the infrastructure of Redline and Meta, two … Read more
Hawkins Inc., a chemical producer primarily based in Camanche, Iowa, pays $51,158 in civil penalties and buy tools for native emergency responders to resolve alleged violations of the federal Useful resource Conservation and Restoration Act (RCRA). The corporate manufactures, distributes, and sells industrial chemical compounds, together with bleach. Throughout a Could 2023 inspection, EPA decided … Read more
