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Apple faces Spotify antitrust complaint to EU over app store

Apple faces spotify antitrust complaint to eu over app store copy

Bloomberg Apple Inc. should be probed by the European Union’s antitrust agency over how it allegedly squeezes rival music streaming services, Spotify Technology SA said, escalating a row over how Apple takes a cut of all sales on its app store. The iPhone maker has created an “untenable” situation by imposing ever-changing rules and a 30 percent tax for apps ...

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UK unveils tariffs for a no-deal Brexit ahead of key vote

British economy gloomy with the uncertainty over brexit.

Bloomberg The UK will avoid imposing tariffs on most imported goods in the event of a no-deal Brexit, though officials said prices of key Eu-ropean Union products including beef, cheese and cars will rise. The government said on Wednesday its “balanced approach” aims to offset a spike in prices that consumers would experience in a no-deal departure as a result ...

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VW brand to shrink workforce further in bigger savings push

Volkswagen car maker logo on a building of czech dealership

Bloomberg Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self- driving cars. The German carmaker said on Wednesday it will eliminate as many as 7,000 positions — with measures including early retirement and not filling vacant positions — for an annual profit gain of ...

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