France’s antitrust regulator fines Apple for abusing dominant position in mobile apps distribution

France’s antitrust regulator fines Apple for abusing dominant position in mobile apps distribution

France’s antitrust regulator fined Apple 150 million euros ($162 million) on Monday for abusing its dominant position in the distribution of mobile applications for iOS and iPad devices between April 2021 and July 2023. The French Competition Authority said it found that the objective of Apple’s App Tracking Transparency (ATT) framework asking for users’ permission […]

Continue Reading
A bad year may get worse for Snapchat, Facebook owners

A bad year may get worse for Snapchat, Facebook owners

A bad year for digital advertisers may not be done yet. The likes of Snap Inc., Pinterest Inc. and Meta Platforms Inc. have seen both estimates and their stock prices slide this year amid mounting competition and falling corporate ad budgets. Yet, according to Piper Sandler analyst Thomas Champion, the final cut to forecasts may […]

Continue Reading
Apple might soon start showing ads in first-party apps

Apple might soon start showing ads in first-party apps

Last year, Apple introduced a new feature called App Tracking Transparency (ATT), which basically lets users decide if apps can track them other across other websites and apps. But soon after Apple launched ATT, many advertising companies including Facebook started complaining about their revenue taking a hit. This was a huge step forward for users […]

Continue Reading