Ec news and trends

Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple // August 14, 2024

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element from within their own apps on iPhone, separate from Apple Pay and Apple Wallet,” the...

Apple Opens Payments Tech to Avoid EU Fine
Apple // July 11, 2024

Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for a decade, letting other companies use the technology free of charge. In doing so, Apple...

Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
Amazon // July 05, 2024

The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July 26 to turn over information on the measures it has taken to follow the law, Reuters reported Friday (July 5)....

European Commission Takes Closer Look at Microsoft-OpenAI Ties
Big Tech // June 28, 2024

The European Commission is taking a closer look at the ties between Microsoft and OpenAI. The regulator is sending a follow-up request for information “to understand whether certain exclusivity clauses could have a negative effect on competitors,” European Commission Executive Vice President Margrethe Vestager said...

Quick Reads
Big Tech Awaits Changing of EU Regulatory Guard

September 22, 2024
Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon to tell what their replacements may bring. Last week brought the resignation of EU Commissioner Thierry Breton, a longtime, outspoken foe of Big Tech companies.  “I’m sure [the tech giants […]

Apple Gives Third Parties Access to Tap-and-Go Payments Tech

August 14, 2024
Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element...

Apple Opens Payments Tech to Avoid EU Fine

July 11, 2024
Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for...

Amazon Gets 3 Weeks to Show Compliance With Digital Services Act

July 05, 2024
The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July 26 to turn over information...