Apple (AAPL) faces a massive $1.95 billion fine from European Union regulators. The EU claims Apple intentionally shut out music streaming competition, using its App Store to favor its own Apple Music service over rivals like Spotify (SPOT). Yahoo Finance Legal Reporter Alexis Keenan breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Apple (AAPL) faces a massive $1.95 billion fine from European Union regulators. The EU claims Apple intentionally shut out music streaming competition, using its App Store to favor its own Apple Music service over rivals like Spotify (SPOT).
Yahoo Finance Legal Reporter Alexis Keenan breaks down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Reuters
The new MacBook Air models come with 13-inch and 15-inch screen sizes and are up to 60% faster than the model with Apple's M1 processor, the company said on its website. Prices for the smaller model start at $1,099 in the United States, while the base version of the bigger MacBook Air costs $1,299. Both are available for order from Monday, with deliveries set to begin later this week, said Apple, which has since 2020 used its own chip after parting ways with Intel.
Bloomberg
(Bloomberg) -- Frank Slootman, who just stepped down as Snowflake Inc. chief executive officer, isn’t a name that springs to mind as one of the tech industry’s most prominent CEOs. But Slootman has parlayed his time atop three companies into a net worth higher than tech leaders like Apple Inc.’s Tim Cook or Microsoft Corp.’s Satya Nadella.Most Read from BloombergChina Scraps Premier Li's Briefing, Breaking Years of ConventionWall Street’s DEI Retreat Has Officially BegunWhat to Remember If the S