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The European Union (EU) fined Apple 1.8 billion euros (about 2.7 trillion won) for abuse of power in the music streaming service market. Apple became the first case after the Big Tech anti-monopoly law was implemented in Europe with the intention of keeping Big Tech under control.
According to Reuters on the 4th (local time), the European Commission decided to impose a fine of 1.8 billion euros on Apple in an antitrust lawsuit filed against Apple by the music streaming company Spotify. “For the past 10 years, Apple has abused its dominant market position for the distribution of music streaming apps through the App Store,” EU antitrust chief Margrethe Vestager, the EU’s chief deputy commissioner, said in a statement. “From now on, Apple is a music streaming developer.” “We need to allow users to communicate freely with their users,” he said.
Apple has allowed all apps used on its devices, such as iPhones and iPads, to be purchased through the Apple App Store only. In this process, a fee of up to 30% was collected as a so-called toll tax, which is Apple’s main source of income. Spotify also had to pay a 30% commission to Apple when users bought its apps from the Apple Store.
Four People Including The Owner-Manager Of The Restaurant…
Four people, including two owners of Cha Chumuk restaurant and the manager of Kacchi Bhai restaurant, have been sent to jail after remand in the case of the death of 46 people in the fire in the multi-storied building Green Cozy Cottage on Bailey Road in the capital.
On Monday (March 4), Dhaka Metropolitan Magistrate Tahmina Haque rejected the bail application of the accused and ordered them to be sent to jail.
The accused who went to jail are – Cha Chumuk restaurant owners Anwarul Haque and Shakeel Ahmed Rimon, Katchi Bhai restaurant manager Jisan and Green Cozy Cottage Bhavan manager Hamimul Haque Bipul.
After the two-day remand, on Monday, the investigation officer of the case, Inspector (Investigation) of Ramna Model Police Station, Anshar Milton, produced the accused in the court and applied for detention in jail. On behalf of the accused, their lawyers applied for bail. Bail was opposed by the state. After hearing both sides, the court rejected the bail application and ordered to send him to prison.
On March 2, the court remanded the accused for two days.
A fire broke out at Green Cozy Cottage on Bailey Road on the night of February 29.
Trader Joes Soup Dumpling Recall: A Cautionary Tale
Trader Joe’s Recalls Steamed Chicken Soup Dumplings
Trader Joe’s, known for its quality products, has issued a recall for one of its popular items, the steamed chicken soup dumplings. This recall comes after consumer complaints of potential contamination with foreign materials, specifically hard plastic from a permanent marker pen. The Food Safety Inspection Service and Food Safety News have highlighted this issue, urging consumers to take caution.
Recall Details
The affected product, produced by CJ Foods Manufacturing Beaumont Corporation, weighs 6 ounces and comes in a 6-ounce box. It bears the establishment number P-46009 within the USDA mark of inspection. The recall covers nearly 62,000 pounds of soup dumplings that were distributed nationwide. The production date of the recalled items is December 7.
Consumer Safety
While there have been no reported injuries or adverse reactions associated with the consumption of these soup dumplings, it is crucial for consumers to refrain from eating them. It is recommended to either dispose of the product or return it to the store of purchase for a refund.
The Price Of Inflation In The Two Years…
As is well known, Greece and the rest of Europe were more affected than the US due to the energy crisis caused by the war. This, because at the beginning of the crisis the E.U. it was 45% dependent on Russian natural gas and 30% on Russian oil. At the beginning of the crisis, Greece covered 35% of its needs with Russian natural gas. The country’s dependence on energy resource imports has resulted in the current account deficit reaching a record high of 9.7% of GDP at the end of 2022, before falling to 6.5% of GDP at the end of 2023 due again to the decline in international energy prices.
Food
However, the problem of high prices continues to this day with food. Two years of continuous revaluations have accumulated increases of up to 70% in the final price of basic food products compared to 2021. Regardless of the monthly and annual variation in the consumer price index, the increases in basic food items for Greece are cumulative here and about two years making survival suffocating, especially on incomes up to the minimum wage.
The monthly family budget for food has reached 35% of the monthly income according to data from the Organization for Economic Co-operation and Development (OECD).
Actions To Secure Hydroelectric Power Plants
Davide Giachero, CEO of Tozzi Green, with the Minister of Energy and Hydrocarbons, Olivier Jean-Baptiste.
The Ministry of Energy (MEH) and Hydrocarbons, together with the Tozzi Green company, planted 3,000 saplings on an area of four hectares near the Tozzi Green hydroelectric power station in Farahantsana Mahitsy on Thursday. The initiative aims to preserve the region’s watersheds and conserve water resources, crucial for the plant’s main activities, especially in a context marked by the challenges of climate change and fragile ecosystems. “Every tree we plant is a step towards securing our energy future, guaranteeing the sustainability of water resources in Madagascar. This reforestation initiative is part of our long-term commitment to sustainable management of natural resources, supporting Madagascar’s energy policy oriented towards renewable energies,” underlined Davide Giachero, president and CEO of Tozzi Green.
With an estimated hydroelectric potential of 7,200 MW, preserving our natural resources is a key strategy for the country’s New Energy Policy (NPE) focused on renewable energy and contributes to achieving sustainable development goals. The Farahantsana hydroelectric plant provides a planned capacity of 28 megawatts for Antananarivo and its surroundings.
He is careful
WESTbahn: Mobility Offer Ensured Despite Construction Work In…
Construction work in the Deutsches Eck area leads to timetable adjustments / repeated restrictions must not slow down the switch to rail
Vienna (OTS) – Due to construction work by DB (Deutsche Bahn) Netz AG, there will be timetable changes on the route between Salzburg and Munich or Innsbruck in the period from March 9th to 19th and March 24th, 2024. Scheduled train services between Vienna Westbahnhof and Salzburg are not affected. WESTbahn is taking all possible precautions to keep the disruption to rail passengers as low as possible.
The following train connections are affected by construction-related restrictions:
March 9th to 19th:
- Salzburg – Innsbruck
- Direction Innsbruck: Trains 960 and 972
- Direction Salzburg: Trains 949 and 967
- Salzburg – Munich
- Direction Munich: Trains 962, 966 and 970
- Direction Salzburg: Trains 963, 965 and 971
March 24th:
- Salzburg – Innsbruck
- Direction Innsbruck: Train 958
- Direction Salzburg: Trains 949 and 967
- Salzburg – Munich
- Direction Munich: Train 970
- Direction Salzburg: Train 959
All current reports on construction-related timetable changes and further information can be found under this link.
The Collapse Of A Legend. The Base Of…
#collapse #legend #base #German #motor #industry #falling
Last week, one of the most important suppliers of the automotive industry, Eissmann Automotive Deutschland GmbH, and its most important German subsidiaries filed for bankruptcy. This is another huge blow to the German automotive industry.
The Eissmann company, which had been operating for 60 years, enjoyed a great reputation. It supplies almost all well-known car manufacturers and suppliers in the world. It produces trim components such as center consoles, instrument panels, armrests, door panels, seat backs, airbags and paddles and shifters, as well as complete cladding systems.
Eissmann Automotive currently employs approximately 5,000 people in 17 countries around the world. The company recently generated sales of around €450 million.
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Wangfal Technology Co., Ltd. IPO: Contact Lens Stocks…
“Contact lens stocks” have added new recruits! “Wangfal Technology Co., Ltd.” (4771) is expected to be listed on March 18, and lots will be drawn on March 12. The underwriting price will be released today (4th). The public subscription price for this time is 180 yuan, and the closing price of today’s listing is 321 yuan. In yuan terms, the winner is expected to earn 140,000 yuan.
If you win the lottery, you can expect to earn 140,000! “Contact Lens Stocks” adds another new recruit, Wang Falcon’s underwriting price is released.Picture/taken from Wangfal official website
The stock exchange pointed out today that the underwriting case of Wangfal Technology’s initial listing of ordinary shares was handled through bidding auction and public subscription. Wangfal Technology handled a bidding auction of 3,540,000 shares, and the number of public subscription shares was 1,085,000 shares.
There were 3,453 bids participating in the bidding this time, and a total of 3,313 qualified bids. The winning bid price of the bidding auction was determined using the American bid method. The computer was successfully completed at 10 a.m. on March 4 at the Stock Exchange through a public method. The bids were opened and all auctions were successful.
Millennials Inherit More Money Than Any Previous Generation
Live carefree: At least when it comes to their finances, many heirs of the Millennial generation are likely to have taken care of things. Thomas M Barwick/Getty Images
Millennials are expected to inherit $83 trillion over the next two decades, according to a new wealth report.
This inheritance will make them the richest generation of all time.
But Generation Z has a particularly strong opportunity to create their own wealth, the report says.
This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.
The richest generation in history to date – that will soon be the Millennials. In all likelihood, they will inherit more money than any other age group before them.
Over the next 20 years, assets worth $90 trillion, or the equivalent of €83 trillion, are expected to shift between generations. Above all, members of the baby boomer generation are inheriting millennials, according to one new asset report the global real estate consultancy Knight Frank. This wealth transfer will “make wealthy Millennials the richest generation in history,” the report says.
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