Japan to levy big fines with new app rules
Japan's cabinet approved Friday legislation that would slap major fines on tech giants like Google or Apple if they block access to third-party smartphone apps and payment systems.
Apr 26, 2024
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Japan's cabinet approved Friday legislation that would slap major fines on tech giants like Google or Apple if they block access to third-party smartphone apps and payment systems.
Apr 26, 2024
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British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.
Apr 24, 2024
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After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.
Apr 15, 2024
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Facebook owner Meta said Monday it would "temporarily" shut down its Threads short-messaging service in Turkey after an order from Ankara's competition watchdog over data-sharing.
Apr 15, 2024
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Spirit Airlines is deferring all aircraft on order from Airbus that were scheduled to be delivered in the second quarter of 2025 through the end of 2026, the discount carrier said Monday.
Apr 8, 2024
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Competition is a contest between individuals, groups, animals, etc. for territory, a niche, or a location of resources. It arises whenever two and only two strive for a goal which cannot be shared. Competition occurs naturally between living organisms which co-exist in the same environment. For example, animals compete over water supplies, food, mates, and other biological resources. Humans compete for water, food, and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, prestige, and fame. Business is often associated with competition as most companies are in competition with at least one other firm over the same group of customers.
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