Apple faces grilling by EU antitrust cops for blocking ‘Fortnite’ maker’s app store plans in Europe
Apple is facing heavy criticism from the European Union’s antitrust police after it blocked Fortnite maker Epic Games from launching its own app store for iPhone customers. It’s a brazen move as deadlines for compliance with Europe’s wide-ranging technology competition laws approach. The Cupertino, Calif.-based company announced Wednesday that it is terminating the developer accounts […]
Leasing Companies Are Demanding Payoffs from EV Makers Like Tesla as Resale Values Plummet
Car leasing companies are feeling the pinch as resale prices for electric cars fall, prompting compensation demands from automakers trying to meet tough emissions targets. luck report The used electric car market has been hit hard since Tesla cut prices last year, forcing other manufacturers to follow suit. This has implications for companies such as […]
Toy makers face dismal outlook after Hasbro’s holiday sales tank
Toy makers are revealing a dire outcome for the holiday season as shoppers scooped up far fewer dolls and action figures than last year, but experts say there’s no relief in sight. Hasbro’s fourth quarter was disappointing, with sales down 23% from a year earlier, it announced on Tuesday, following archrival Mattel’s announcement last week […]