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Apple and Meta have been fined €570 million and €228 million respectively by the European Union for breaching the bloc’s Digital Markets Act, which regulates dominant tech firms and aims to ensure fair competition. The European Commission, the EU’s executive body, imposed the fines after separate investigations concluded that both tech companies engaged in anti-competitive practices…
China’s top electric vehicle maker BYD is overhauling its European strategy after a series of early missteps, including slow dealer expansion and failing to offer hybrids in key markets, according to six company insiders. BYD’s initial European expansion, launched in 2023, fell short of expectations as the firm struggled to adapt its China-born strategy to…
Tesla’s share price has shown a technical pattern known as the “death cross,” often interpreted as a bearish signal for future performance. The development comes amid ongoing market volatility driven by trade tariffs and broader economic uncertainty, placing further scrutiny on the electric vehicle manufacturer and its leadership. According to Business Insider, Tesla’s 50-day moving…
