EU slaps hefty fines on Apple and Meta

The European Commission fined US tech giants Apple and Meta 700 million euros on Wednesday for breaching digital competition rules despite US President Donald Trump's criticism of such regulations.

The commission fined Apple 500 million euros ($570 million) after concluding that the company prevented app developers from steering customers outside its App Store to access alternative offers.

It also fined Meta 200 million euros over its "pay or consent "system after it violated rules on the use of personal data on Facebook and Instagram.