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Apple hits back against 'unprecedented' €500m EU fine

The company has appealed against the fine handed down earlier this year over alleged anti-competitive behaviour. News · Sport · Business · Innovation · Culture · Arts · Travel · Earth · Audio · Video · Live · Weather · Newsletters · Watch Live · 6 hours ago · ShareSave · Liv McMahon · Technology reporter · ShareSave · Getty Images · Apple is appealing against a €500m (£430m; $586m) fine handed down by EU regulators over alleged anti-competitive behaviour on its App Store.Sign up for our Tech Decoded newsletter to follow the world's top tech stories and trends. Outside the UK? Sign up here. Companies · European Commission · Apple · Related · 4 days ago · Business · 4 days ago · Business · 7 days ago · Business · More from the BBC ·The company objects to the Commission requiring it to make further concessions to app developers, including provision of tiers for services which it says introduce more complexity to its options for users and businesses.Henna Virkkunen, the Commission's executive vice-president for tech sovereignty, security and democracy, said at the time that both companies had undermined the key principles of the DMA - to enable free business and choice for consumers.

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Elon Musk Mocks Trump After 'Train Wreck' Jibe - Newsweek

President Donald Trump said he was "saddened to watch Elon Musk go completely 'off the rails'" in recent weeks. Dafydd Townley, an American politics expert at the University of Portsmouth, told Newsweek previously: "Third parties do not tend to have a long lifetime in American politics," adding that Musk's new party "would likely split the Republican vote, potentially resulting in a Democrat-dominated House of Representatives, at least in the short term, due to the winner-takes-all electoral system."Kevin Madden, a senior partner at Penta Group, previously told Newsweek:"The reality is that most voters tend to gravitate to their major-party allegiances, leaving a third-party without the funding and organizational manpower to make major progress.Kate Plummer is a Newsweek reporter based in London, U.K. Her focus is on U.S. politics and national affairs, and ...You can get in touch with Kate by emailing [email protected], or by following her on X at @kateeplummer.

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Isomorphic Labs has grand ambitions to 'solve all diseases' with AI. Now, it's gearing up for its first human trials

Alphabet’s drug discovery arm is getting ready to start testing its AI-designed drugs in humans, Google DeepMind's chief business officer, told Fortune. “One day we hope to be able to say — well, here’s a disease, and then click a button and out pops the design for a drug to address that disease.”Alphabet’s secretive drug discovery arm, Isomorphic Labs, is getting ready to start testing its AI-designed drugs in humans, Colin Murdoch, Isomorphic Labs president and Google DeepMind’s chief business officer, told Fortune.

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Morning Bid: Trump, tariffs and Tesla | Reuters

A look at the day ahead in U.S. and global markets by EMEA Markets Breaking News Editor Amanda Cooper. LONDON, July 7 (Reuters) - A look at the day ahead in U.S. and global markets by EMEA Markets Breaking News Editor Amanda Cooper.Finally, it seems Tesla investors are unhappy about chief executive Elon Musk's decision to dive back into politics. Having left the Department of Government Efficiency, which carried out mass dismissals of government employees, to concentrate on his businesses in May, Musk has announced the creation of the "America Party".Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, opens new tab, is committed to integrity, independence, and freedom from bias.Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here.

The Business Times - Get the Latest Business & Financial News

Trusted Asia business news & analysis from The Business Times. Get regional perspectives on Southeast Asia & Greater China's markets & economies. Get the latest ASEAN business insights every week – subscribe nowEconomy & PolicySectorsCompaniesBankingTechPropertyGlobal EnterprisesAsean Business

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Family offices ramp up deals in June with bets on biotech and pharma

A biotech startup backed by former Google CEO Eric Schmidt raised $56 million from investors including the billionaire family office that supported BioNTech. Search quotes, news & videos · Livestream · Watchlist · SIGN IN · Markets · Business · Investing · Tech · Politics · Video · Watchlist · Investing Club · PRO · Livestream · Menu · Inside Wealth · Published Mon, Jul 7 202510:00 AM EDT · Hayley Cuccinello@in/hayleycuccinello/@HCuccinelloWATCH LIVE ·A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. For investment firms of the ultra-wealthy, deal-making is heating up.

Fox Business | Business News & Stock Quotes - Saving & Investing

Business news, small business news, business financial news and investment news from FoxBusiness.com. Republicans in Congress passed President Donald Trump's One Big Beautiful Bill Act, which extends a variety of tax cuts for Americans and businesses while creating new provisions.A federal judge granted relief to two Texas border businesses from the Trump administration's policy meant to curb money laundering by cartel members.This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. All rights reserved.For about 25 years, JP Morgan has released a summer reading list that features various books and topics ranging from business to self-help, memoirs and books about art

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BBC Business | Economy, Tech, AI, Work, Personal Finance, Market news

BBC Business brings you the latest in Business news and coverage from around the world, including tech, personal finance, companies, employment, the economy and more Businesses that rush to use AI to write content or computer code, often have to pay humans to fix it.Five years after being ousted from WeWork, Adam Neumann wants to re-buy the now-bankrupt business.

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Dollar firms against peers as investors brace for Trump tariff deadline | Reuters

The dollar firmed against other major currencies on Monday, after remarks from U.S. officials offered little clarity on the outlook for tariffs, days ahead of a crucial deadline. Hannah Lang covers financial technology and cryptocurrency, including the businesses that drive the industry and policy developments that govern the sector. Hannah previously worked at American Banker where she covered bank regulation and the Federal Reserve.

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OPEC’s New Supply Shock Nails On Oil Market’s Return to Surplus - Bloomberg

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers the world over while answering US President Donald Trump’s calls for lower fuel costs. NewsMarketsEconomicsTechnologyPoliticsGreenCryptoAIExploreNewslettersExplainersPointed News QuizThe Big TakeGraphicsSubmit a TipAbout Us