Apple reaches deal with EU regulators to open up mobile payments system to rivals

The European Union flag displayed on a mobile phone screen in front of the Apple logo on July 2, 2024.

Anadolu | Anadolu | Getty Images

LONDON — EU antitrust regulators on Thursday accepted commitments from Apple to allow access to its tap and go payments technology to rivals, bringing an end to a four-year investigation.

“The commission has decided to accept commitments offered by Apple. These commitments address our preliminary concerns that Apple may illegally have restricted competition when it comes to mobile wallets on iPhones,” EU antitrust chief Margrethe Vestager said in a press conference.

The EU formally launched an antitrust investigation relating to Apple Pay in 2020.

It concluded on Thursday that Apple’s final commitments address concerns regarding the tech giant’s restrictions of allowing third-parties access to NFC payments in stores for some users.

This breaking news story is being updated.

Source

Technology

Tesla plans ‘friends and family’ car service in California, regulator says

July 26, 2025

A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other […]

Technology

Meta names OpenAI’s Shengjia Zhao as chief scientist of AI Superintelligence Lab

July 25, 2025

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zuckerberg […]

Technology

Inside Tesla’s new retro-futuristic Supercharger diner

July 25, 2025

Tesla has opened the doors to its first diner Supercharger station in Los Angeles. CEO Elon Musk first teased the concept of building a drive-in themed charging station in 2018. On Monday, that vision was finally realized. Tesla describes the two-story restaurant, constructed of a steel exterior inspired by the Cybertruck, as retro-futuristic. It features […]