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Google and Apple face fresh EU pressure to play by the rules. Brussels hit both tech giants with warnings about their market dominance, threatening Google with fines while pushing Apple to loosen its grip on iPhones.
Google caught heat for pushing its own services in search results and blocking app developers from offering better deals elsewhere. The EU's antitrust chief Teresa Ribera wants "a culture of compliance" - bureaucrat-speak for "behave or pay up."
Apple must now crack open its precious iPhone ecosystem. The company complained about being "wrapped in red tape" - a predictable response from a firm that guards its walled garden like a dragon hoarding gold.
Meanwhile, Donald Trump watches from across the Atlantic, ready to turn any EU fines into a fresh trade battle. He's already fuming about steel tariffs. Tech fines might just make his head explode.
Brussels shows no signs of backing down. The EU can hit companies with fines up to 10% of global revenue - enough to make even Silicon Valley's richest tech bros break a sweat.
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Financial Times: Brussels takes action against Google and Apple despite Trump threat
The global tech industry faces unprecedented pressure as Trump reverses course on electronics tariffs while China suspends exports of critical rare earth materials. This two-pronged assault threatens to reshape the electronics supply chain and drive up consumer costs.
President Trump threatened TSMC with up to 100% import taxes if it fails to build plants in the United States. He made these remarks at a Republican National Congressional Committee event, taking aim at both the semiconductor giant and Biden's chip policies.
Trump's White House claims Apple can start making iPhones in America right now. Press Secretary Karoline Leavitt says the U.S. has "the labor, workforce, and resources to do it." She points to Apple's $500 billion U.S. investment as proof.
The White House wants federal agencies to go all-in on artificial intelligence. And fast. A sweeping directive issued Monday orders federal agencies to name chief AI officers and craft strategies for expanding AI use across government operations.
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