Bloomberg Apple Inc, looking to address criticism of its competitive practices by the European Union, developers and US lawmakers, pointed to a report showing that third-party apps are thriving on the iPhone and other devices. In a study published by Analysis Group and touted by the iPhone maker, analysts said that Apple’s own apps are infrequently the dominant option …

  Bloomberg Spain plans to invest 11 billion euros ($12.4 billion) to develop microchips and semiconductors in a bid to modernise its tourism-dependent economy. “We want our country to be at the vanguard of industrial and technological progress,” Prime Minister Pedro Sanchez said in Madrid, without giving more details. He said the project will be approved soon by his cabinet. …

  Bloomberg Taiwan Semiconductor Manufacturing Co (TSMC) revenue rose to a record in the first quarter on demand for chips used in smartphones, computers and cars, while a prolonged shortage helped to boost prices. Revenue jumped 36% to NT$491.1 billion ($17 billion) in the three months through March, the company said in a statement. Analysts estimated NT$469.4 billion on average. …