The European Union has accused Meta, the parent company of Facebook and Instagram, of violating competition law by offering an ad-free subscription service. The E.U. claims that Meta’s offering of an ad-free option undermines competition and harms consumers by limiting their choices. Meta has denied any wrongdoing and stated that they will cooperate with the authorities during the investigation.
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Taiwan's High 20% Tariff Rate Linked To Intel Investment
German tech newsletter Notebookcheck reports that the U.S. has imposed a surprising 20% tariff on Taiwan to compel TSMC to acquire a 49% minority stake in Intel, which includes an IP transfer and a commitment to invest an additional $400 billion in the U.S., on top of the already planned $165 billion. Want More Context? 🔎
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