Apple faces potential class action suits in EU over App Store fees

Federica Mogherini, the former diplomatic chief of the EU, has been detained by police in Brussels amid an investigation into alleged fraud related to contract awards. This development raises significant concerns regarding accountability and governance within the EU's administrative framework.

Apple has rejected India's directive requiring smartphone manufacturers to pre-install the state-run 'Sanchar Saathi' cyber safety app on all new devices, which must remain enabled and cannot be disabled. This move reflects ongoing tensions between the tech giant and Indian regulatory authorities.

The European Union (EU) is making incremental efforts to encourage savers to move away from cash, reflecting a broader strategy to stimulate investment and economic activity. This initiative comes amid a backdrop of stable growth and inflation in the Eurozone, which has tempered expectations for interest rate cuts, thereby influencing savings behavior.

John Giannandrea, Apple's head of artificial intelligence, has announced his departure from the company, with Amar Subramanya set to take over his role. This change comes as Apple has struggled to keep pace with competitors in the generative AI space, particularly regarding its voice assistant, Siri. Giannandrea's seven-year tenure was acknowledged by CEO Tim Cook, who emphasized his contributions to the company's AI advancements.

The European Union (EU) is preparing to announce a plan aimed at reducing its dependency on raw materials sourced from China, reflecting increasing concerns over reliance on Chinese imports. This initiative is expected to address the bloc's vulnerabilities in supply chains amid rising geopolitical tensions.

The European Union is exploring the possibility of utilizing frozen Russian assets to provide significant financial support to Ukraine, potentially overcoming a Belgian block that has hindered progress. This move comes amid ongoing discussions about a proposed €140 billion EU loan to aid Kyiv in its financial needs.