
Apple in talks to avoid further EU fines with new App Store changes: Report
Apple is currently in last-minute negotiations with Brussels regulators in order to avoid further penalties under the European Union's Digital Markets Act (DMA).
Initially, the tech company was fined 500 million euros (approx. ₹4900 cr) for violations of the DMA. It was subsequently given a 60-day deadline to comply with the legislation. This deadline expires on Thursday, 26 June, but no changes have been announced to Apple's App Store guidelines yet.
The initial 500 million-euro fine was based on App Store's anti-steering policies that prohibit developers from communicating with users about payment options outside of the App Store. While developers are permitted to show users a single link to their website, Apple reportedly takes a 27 per cent commission on any payments made through the provided link.
The European Commission has suggested that Apple might not face any additional penalties, as the two sides have been in discussions about rectifying the situation. These discussions also involved the Core Technology Fee (CTF) put in place by Apple, where app developers pay €0.50 for each first annual install after one million downloads, according to FT.
However, it is expected that Apple will announce minor concessions to secure more time and subsequently gauge potential changes before announcing a final decision. The European Commission would then likely review the changes and determine whether they comply with the Digital Market Act before penalising Apple.
It is unclear what changes Apple is expected to roll out. A potential change could be the permitting external payment links on the App Store without commission or altering the CTF regulations currently in place.
The iPhone-maker has also been charged with breaching DMA rules on the grounds it hindered users from sideloading, a practice that involves downloading alternative app stores and apps from the web.
The EU fines could also stoke tensions with US President Donald Trump who has threatened to levy tariffs against countries that penalise companies based in the country. The Trump administration has called these fines a 'novel form of economic extortion' that the US will not tolerate.
'We have taken firm but balanced enforcement action against both companies, based on clear and predictable rules. All companies operating in the EU must follow our laws and respect European values,' EU antitrust chief Teresa Ribera has previously been quoted as saying by Reuters.
Apple has avoided a fine in a separate investigation into its browser options on iPhones after making changes that allow users to switch to a rival browser or search engine more easily. Regulators said these comply with the DMA and closed the investigation in April this year.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
22 minutes ago
- News18
‘Dear Donald.' Trump Posts Fawning Private Text From Nato Chief On Social Media News18
The message started by congratulating Donald Trump on his 'decisive action in Iran' and then got even more flattering, gushing about reaching the precipice of achieving 'something NO American president in decades could have done.'This wasn't an ardent supporter swooning or the president taking to social media to sing his own praises in his familiar ALL CAPS style. This was NATO Secretary-General Mark Rutte heaping direct praise on Trump as he flew to a two-day NATO summit in the Netherlands.'Mr. President, dear Donald,' Rutte's message began, as seen by a screenshot Trump posted on his social media network. 'Congratulations and thank you for your decisive action in Iran, that was truly extraordinary, and something no one else dared to do. It makes us all safer.'The fawning tone may have been an attempt to butter up Trump ahead of a key meeting — the kind of effusive praise that British Prime Minister Keir Starmer has adopted lately in negotiating and then announcing a recent trade agreement between the United Kingdom and the U.S. that is meant to ease Trump's promised steep tariffs on imported British goods. News18 Mobile App -


Time of India
40 minutes ago
- Time of India
Bombshell report links Stephen Miller to Palantir. Critics slam deep-state surveillance connections
Stephen Miller , deputy chief of staff in the Trump-aligned camp, owns a major stake in Palantir. The company is set to benefit from Donald Trump's proposed immigration enforcement measures. Ethics watchdogs are examining possible conflicts of interest due to Miller's government role and financial ties to Palantir , as per Project on Government Oversight. Miller's Investment in Palantir Stephen Miller's financial disclosure shows he owns between $100,001 and $250,000 in Palantir Technologies stock. Palantir is a data analytics and defense firm. The disclosure was updated most recently on June 4. Reports indicate that Miller purchased the stock after Trump left office in 2021. However, the acquisition came before Miller pushed for expanding digital infrastructure to support immigration enforcement plans. Palantir's Role in Government Systems In May, the Trump team selected Palantir to help federal agencies create a new data-sharing system. This system will let departments access shared data more efficiently. The planned system could also support surveillance activities under Trump's immigration enforcement strategy. Palantir is also in talks to help the US Navy improve its warship building process. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Treatment That Might Help You Against Knee Pain Knee pain | search ads Find Now Undo Also Read: Never Before Ever: US President lashes out at Israel for violating ceasefire with Iran. See how did Trump criticize Netanyahu Company's Market Performance in 2025 Palantir has become the top-performing stock on the S&P index in 2025. Its share price has increased by 80% so far this year. The company's performance is attracting attention from investors and government officials. If Palantir secures more government contracts , its stock could rise further. This raises questions about whether public officials with stock in the company could benefit financially. Live Events Conflict of Interest Warnings Ethics groups are warning about possible conflicts of interest. Miller has influence over immigration-related decisions, especially through Immigration and Customs Enforcement (ICE). If he supports changes to the Department of Homeland Security's (DHS) digital systems, Palantir could benefit directly. Ethics experts say this connection needs more scrutiny. Democracy Defenders Fund chief counsel Virginia Canter told POGO that Miller's position is concerning. She said he is close to crossing the ethical boundary. Canter said it would be better if Miller did not hold any Palantir shares while involved in immigration policy. Also Read: Social Security benefits may shrink by 2033. Here's why, how it may affect you and how to prepare for future Financial Gains from Trump's Immigration Push Palantir is not the only private company expected to benefit from Trump's immigration policies. Surveillance companies and private prison firms are likely to gain as well. Miller, as one of Trump's close advisers, could earn profits through his investment in Palantir if the company secures contracts. Critics argue that public officials should not hold stock in companies that stand to benefit from their decisions. In Miller's case, his stock in Palantir could be seen as a conflict, especially if he plays a role in expanding surveillance systems. FAQs Why is Stephen Miller's Palantir investment causing concern? Miller holds stock in Palantir, which could benefit from Trump's immigration plans. His government role may influence decisions, raising questions of conflict of interest. What is Palantir's role in Trump's immigration strategy? Palantir is helping build a federal data-sharing system. This system may support surveillance efforts linked to Trump's immigration enforcement plan.


Indian Express
an hour ago
- Indian Express
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts. 'For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,' Powell said in testimony Tuesday before the House Financial Services Committee. Several Republicans on the committee pushed Powell to consider reducing borrowing costs more quickly, as soon as its next meeting at the end of July. But on the whole, the hearing was uniformly polite and Powell did not face sharp criticism over the Fed's decision to leave its rate unchanged. Members of both parties thanked Powell for maintaining his focus on the Fed's dual mission of controlling inflation and supporting maximum employment. Powell has often cited his support in Congress as a bulwark against Trump's attacks. Trump lashed out again early Tuesday, posting on his social media site: 'I hope Congress really works this very dumb, hardheaded person, over. We will be paying for his incompetence for many years to come.' Several Republicans asked Powell why the central bank has yet to lower borrowing costs. Powell responded that most economists, inside and outside the Fed, still expect tariffs to push inflation higher, and Fed policymakers want to see what happens over the next couple of months before making any changes. 'We do expect tariff inflation to show up more,' Powell said. 'We really don't know how much of that's going to be passed through the consumer. We have to wait and see.' Under questioning, Powell acknowledged that tariffs might not push up inflation as much as economists forecast. That, he said, could lead the Fed to reduce rates more quickly. A sharp rise in the unemployment rate could also spur the Fed to cut borrowing costs more quickly, he said. 'We could see inflation come in not as strong as we expect,' he said. 'And if that were the case, that would tend to suggest cutting sooner.' But when asked specifically about July, Powell declined to comment. Powell also said he expected to see tariffs' impact on prices emerge in the next few months, starting in June. The June inflation report will be released July 15. Rep. Josh Gottheimer, a Democrat from New Jersey, asked Powell whether Trump's 'bullying' would impact the Fed's decision-making. Powell said the Fed wants to 'deliver a good economy for the benefit of the American people, and that's it.' 'Anything else is kind of a distraction,' Powell added. 'We always do what we think is the right thing to do, and we live with the consequences. I don't know how else to do the job.' The Fed's 19-member interest rate setting committee, led by the chair, decides whether to cut or raise borrowing costs. They typically increase rates to cool the economy to fight or prevent inflation, and lower rates when the economy is weak to boost borrowing and spending. The Fed's committee voted unanimously last week to keep its key rate unchanged, though the Fed also released forecasts of future rate cuts that revealed emerging divisions among the policymakers. Seven projected no rate cuts at all this year, two just one, while 10 forecast at least two reductions. The Fed chair said the bump to inflation from tariffs could be temporary, or it could lead to a more persistent bout of inflation. The Fed's 'obligation,' Powell said, 'is … to prevent a one-time increase in the price level from becoming an ongoing inflation problem.' At a news conference last week, Powell suggested the Fed would monitor how the economy evolves over the summer in response to Trump's tariffs, hinting that a rate cut wouldn't occur until September. Yet two high-profile members of the Fed's governing board, Michelle Bowman and Christopher Waller, have since suggested the central bank could cut its rate as early as July. Both officials were appointed by Trump during his first term and Waller is often mentioned as a potential replacement for Powell when his term ends next May. Powell was also appointed by Trump in late 2017. Other officials, however, are still cautious about rate reductions. Beth Hammack, president of the Federal Reserve's Cleveland branch, said Tuesday that given the uncertainty enveloping the economy, rates may be on hold for 'quite some time' before the Fed decides to make 'very modest cuts.' Trump is urging the Fed to cut rates to save the US government money on interest payments affixed to the vast national debt. Yet the Fed has long resisted consideration of the government's financing costs when making interest rate decisions, preferring instead to focus on the health of the economy and inflation.. Waller, in an interview Friday, said that lowering the government's borrowing costs is 'not our job' and added that it was up to Congress and the White House to reduce the budget deficit. Trump meanwhile, on social media Tuesday repeated his false claim that the European Central Bank has cut its key rate ten times while the Fed has not cut at all. In fact, in the last 12 months the ECB has reduced its rate eight times and the Fed has done so three times, all late last year. The Fed's cuts last year lowered its rate to about 4.3%. Since then it has put reductions on pause out of concern that Trump's tariffs lead to inflation. The president has slapped a 10% duty on all imports, along with an additional 30% levy on goods from China, 50% on steel and aluminum, and 25% on autos. Yet inflation has steadily cooled this year despite widespread concerns among economists about the impact of tariffs. The consumer price index ticked up just 0.1% from April to May, the government said last week, a sign that price pressures are muted.