• Bay Area Times
  • Posts
  • EU: preliminary view that App Store rules violate Digital Markets Act (DMA)

EU: preliminary view that App Store rules violate Digital Markets Act (DMA)

Brought to you by:

Top stories today:

  1. EU: preliminary view that App Store rules violate DMA rules
  2. Meta, Anthropic, Perplexity in talks with Apple over AI integration
  3. VR, AR, metaverse startup funding at $0.46B YTD
  4. Startup closures on Carta hit record high in Q1

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. EU: preliminary view that App Store rules violate Digital Markets Act (DMA)

  • Apple prevents โ€œapp developers from freely steering consumers to alternative channels for offers and content,โ€ says the EU.

  • Alternative app stores should be free, the EU suggests.

  • Mar. 25: deadline for the EU to make a final decision.

    • Apple could make changes before that.

  • $38B fine is possible (10% of global revenue).

    • $1.9B fine was given in Mar.

2. Meta, Anthropic, Perplexity in talks with Apple over AI integration

  • We have been using Athyna to hire our global team.

  • ~67% savings compared to hiring in U.S./Europe.

  • Pay nothing until you find the perfect match.

  • Get $1,000 OFF on your next offshore employee by mentioning us.

*Disclaimer: Athyna is a partner of the Bay Area Times.

4. VR, AR, metaverse startup funding at $0.46B YTD, likely to close year lower than prior years

Subscribe to keep reading

This content is free, but you must be subscribed to Bay Area Times to continue reading.

Already a subscriber?Sign In.Not now