
EU likely to bolster Apple probe with new evidence, no new charges
The Hindu
The Commission is now expected to send a letter of facts to Apple instead
EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the hope of speeding up the case, people familiar with the matter said.
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The European Commission last year told the iPhone maker that its App Store rules, which require developers to use its own in-app payment system and also prevent them from informing users of other purchasing options, distorts competition in the music streaming market.
Apple found itself in the European Commission's crosshairs after Spotify had complained that the U.S. tech company unfairly restricted rivals to its own music streaming service Apple Music on iPhones.
The EU competition enforcer set out its charges in a so-called statement of objections or charge sheet.
The watchdog subsequently considered sending a supplementary statement of objections, a person familiar with the matter told Reuters earlier this year.
Such documents usually lay out new charges or changes to the original charges.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










