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Business

Apple files legal challenge to EU’s Digital Markets Act

Apple files legal challenge to EU’s Digital Markets Act

By Martin Coulter LONDON (Reuters) -Apple has filed a legal case contesting decisions taken by the European Commission under its recently-introduced Digital Markets Act, according to a post shared by the Court of Justice of the European Union on X. The tough new...

Alibaba scraps cloud business spin-off citing US chip export ban

Alibaba scraps cloud business spin-off citing US chip export ban

By Casey Hall and Akash Sriram (Reuters) -Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. The U.S. decision last month to ban the export to China...

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