Gilnature The European Commission has issued more than $7B in fines to U.S. Big Tech companies over the past two years. “All companies doing business in the EU are accountable to the European people and should respect the rules meant to protect them,” a Commission spokesperson told CNBC . Google ( GOOG ) , Apple ( AAPL ) and Meta ( META ) are contesting fines from the EU over violations of the blo...
Gilnature The European Commission has issued more than $7B in fines to U.S. Big Tech companies over the past two years. “All companies doing business in the EU are accountable to the European people and should respect the rules meant to protect them,” a Commission spokesperson told CNBC . Google ( GOOG ) , Apple ( AAPL ) and Meta ( META ) are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024, the report said . They’re an increasing bone of contention, as both companies and the White House say the fines reflect the bloc’s hostility to innovation, while the EU tells CNBC that its tough line is getting companies to make decisions that benefit consumers. Six fines have been imposed since 2024: March 2024 : Apple ( AAPL ) fined €1.84B under antitrust rules for abusing its dominant position in the market for the distribution of music streaming apps. November 2024 : Meta ( META ) fined €797M under antitrust rules over practices benefiting Facebook Marketplace. September 2025 : Google ( GOOG ) ( GOOGL ) fined €2.9B under antitrust rules for anti-competitive practices in its advertising technology business. April 2025: Apple ( AAPL ) fined €500M for failing to comply with “anti-steering” obligations . Meta fined €200M under the Digital Market Act for requiring users to consent to sharing their data with the company or pay for an ad-free service. December 2025: X fined €120M under the Digital Services Act for breaching transparency obligations. In February, the Commission told Meta ( META ) it intended to impose “interim measures” to stop it from excluding third-party AI assistants from WhatsApp as part of an ongoing investigation into the company. The EU also opened formal proceedings in March to investigate whether social media platform Snapchat, owned by Snap ( SNAP ), is in compliance with the Digital Services Act over online child safety. Fines against U.S. c...
The Board of Immigration Appeals has denied Mahmoud Khalil's latest attempt to dismiss his deportation case. This decision brings the Palestinian activist one step closer to possible expulsion. (Image credit: Matt Rourke)
The Board of Immigration Appeals has denied Mahmoud Khalil's latest attempt to dismiss his deportation case. This decision brings the Palestinian activist one step closer to possible expulsion. (Image credit: Matt Rourke)
How might data help you pick the winner from the 34 horses racing in Saturday's Grand National? BBC Sport delves into the facts and figures in search of an answer.
How might data help you pick the winner from the 34 horses racing in Saturday's Grand National? BBC Sport delves into the facts and figures in search of an answer.
MattGush/iStock Editorial via Getty Images Apple ( AAPL ) is closing its first unionized retail store in the U.S., located at Towson Town Center in Towson, Maryland in June 2026. The company said the decision is due to “worsen ing conditions” at the mall and the departure of several other retailers, and it emphasized the move is not related to employee performance or union status. In 2022, more th...
MattGush/iStock Editorial via Getty Images Apple ( AAPL ) is closing its first unionized retail store in the U.S., located at Towson Town Center in Towson, Maryland in June 2026. The company said the decision is due to “worsen ing conditions” at the mall and the departure of several other retailers, and it emphasized the move is not related to employee performance or union status. In 2022, more than 100 Apple ( AAPL ) workers in Towson voted to join the International Association of Machinists & Aerospace Workers (IAM) union. On Thursday, the IAM Union expressed its outrage over Apple's ( AAPL ) decision, calling it potentially harmful to unionized employees and saying it is exploring legal options. "Apple’s claim that the collective bargaining agreement prevents relocation is simply false and raises serious concerns that this closure is a cynical attempt to bust the union," the union said . However, Apple ( AAPL ) said that the employees will be able to apply for other roles at the company in line with its stated policy and union agreement terms. More on Apple Apple Q2 Earnings Preview: Robust iPhone Demand Should Pay Off Now Apple: The Infrastructure Play On Local AI Adoption Apple: Everyone's Wrong About The Delay CrowdStrike, Palo Alto jump on board to enhance security for AI era under Project Glasswing Apple's foldable iPhone on track for September launch, Morgan Stanley corroborates
MattGush/iStock Editorial via Getty Images Apple ( AAPL ) is closing its first unionized retail store in the U.S., located at Towson Town Center in Towson, Maryland in June 2026. The company said the decision is due to “worsen ing conditions” at the mall and the departure of several other retailers, and it emphasized the move is not related to employee performance or union status. In 2022, more th...
MattGush/iStock Editorial via Getty Images Apple ( AAPL ) is closing its first unionized retail store in the U.S., located at Towson Town Center in Towson, Maryland in June 2026. The company said the decision is due to “worsen ing conditions” at the mall and the departure of several other retailers, and it emphasized the move is not related to employee performance or union status. In 2022, more than 100 Apple ( AAPL ) workers in Towson voted to join the International Association of Machinists & Aerospace Workers (IAM) union. On Thursday, the IAM Union expressed its outrage over Apple's ( AAPL ) decision, calling it potentially harmful to unionized employees and saying it is exploring legal options. "Apple’s claim that the collective bargaining agreement prevents relocation is simply false and raises serious concerns that this closure is a cynical attempt to bust the union," the union said . However, Apple ( AAPL ) said that the employees will be able to apply for other roles at the company in line with its stated policy and union agreement terms. More on Apple Apple Q2 Earnings Preview: Robust iPhone Demand Should Pay Off Now Apple: The Infrastructure Play On Local AI Adoption Apple: Everyone's Wrong About The Delay CrowdStrike, Palo Alto jump on board to enhance security for AI era under Project Glasswing Apple's foldable iPhone on track for September launch, Morgan Stanley corroborates
(RTTNews) - Nordex SE (NDX1.DE, NRDXF, NRXXY), a manufacturer of multi-megawatt onshore wind turbines, on Friday announced that it has secured a new order in Spain for an initial capacity of 80 MW.
(RTTNews) - Nordex SE (NDX1.DE, NRDXF, NRXXY), a manufacturer of multi-megawatt onshore wind turbines, on Friday announced that it has secured a new order in Spain for an initial capacity of 80 MW.
Vallourec SA shares hit a six-year high after the French firm said it will use steel tubes originally developed for oil and gas to support the US rollout of a lesser-known form of renewable energy. The company this week announced a five-year supply deal with Houston-based Fervo Energy , whose technology mimics some fossil fuel fracking techniques to tap the Earth’s heat for energy. Vallourec said ...
Vallourec SA shares hit a six-year high after the French firm said it will use steel tubes originally developed for oil and gas to support the US rollout of a lesser-known form of renewable energy. The company this week announced a five-year supply deal with Houston-based Fervo Energy , whose technology mimics some fossil fuel fracking techniques to tap the Earth’s heat for energy. Vallourec said the deal could be worth $800 million. The stock rose 5.5% Thursday, adding to a 39% rally last quarter — its best performance since the fourth quarter of 2020. Surging oil prices due to the war in Iran have boosted oil-services stocks, while Vallourec’s push into renewable energy is opening new revenue streams. Geothermal accounts for just 1% of global electricity demand, according to the International Energy Agency. However, financing for next-generation geothermal rose 80% year-over-year in 2025 to nearly $2.2 billion, the Paris-based organization estimates. Fervo raised $462 million last year from investors including Alphabet Inc. ’s Google and Tesla Inc. co-founder JB Straubel . The firm is targeting an initial public offering, Bloomberg has reported . Bernstein analysts said Thursday that Vallourec remains their best idea for the second quarter, having also held that position in the first quarter. The firm cited Vallourec’s higher exposure to North America than the Middle East. “This geographical asymmetry remains supportive,” wrote analysts including Guillaume Delaby , keeping an outperform rating on the stock.