EU to Assess if Apple's iPad OS Complies With Bloc's Tech Rules

 30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
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EU to Assess if Apple's iPad OS Complies With Bloc's Tech Rules

 30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)

EU antitrust regulators will assess whether Apple's operating system for iPads comply with the bloc's landmark rules aimed at reining in the power of Big Tech, the European Commission said on Monday.
The move by the EU executive, which acts as the bloc's competition enforcer, followed Apple's publication of a compliance report for its iPad OS, designated by the commission in April as an important gateway for businesses to reach their customers, Reuters said.
"The Commission will now carefully assess whether the measures adopted for iPad OS are effective in complying with the DMA obligations," the EU antitrust watchdog said in a statement.
"The Commission's assessment will also be based on the input of interested stakeholders," it said.
Apple did not immediately respond to request for comment
The Digital Markets Act (DMA), which came into force earlier this year, requires Apple to allow users to set the default web browser of their choice on iPads, permit alternative app stores on its operating system and allow headphones and smart pens to access iPad OS features.
DMA breaches can cost companies fines as much as 10% of their global annual turnover.



Apple to Invest up to $1.5 Bln in Globalstar for Satellite Coverage Expansion

 30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
TT

Apple to Invest up to $1.5 Bln in Globalstar for Satellite Coverage Expansion

 30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)
30 October 2024, US, New York: The Apple store is pictured on Fifth Avenue in Manhattan. (dpa)

Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.

Shares of Globalstar jumped over 30%, while Apple was down around 1.4% a day after it forecast tepid quarterly revenue growth.

Under the funding agreement, Apple will commit $1.1 billion in cash and also purchase 20% equity in Globalstar for $400 million. The satellite company said it will use a portion of the funds to pay down debt.

The move is another in a line of partnerships between space firms and mobile service providers looking to provide satellite-based connectivity to customers in regions with limited network access.

Globalstar also said it will allocate 85% of its network capacity to Apple. The deal is expected to close on Tuesday.

The iPhone maker partnered with Globalstar in 2022 for a feature that would allow Apple users to send emergency messages from remote areas.