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US calls EU fines on Apple and Meta 'economic extortion'

Apr 24, 2025

Washington [US], April 24: The White House said on Wednesday that fines on Apple (AAPL.O), opens new tab and Meta Platforms (META.O), opens new tab by the European Union were a "novel form of economic extortion" that the United States will not tolerate.
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as EU antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.
The fines were seen as a development that could stoke tensions between the EU and U.S. President Donald Trump who has threatened to levy tariffs against countries that penalize American companies.\
The fines were seen as a development that could stoke tensions between the EU and U.S. President Donald Trump who has threatened to levy tariffs against countries that penalize American companies.
Source: Fijian Broadcasting Corporation

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Tradition with a Twist: 71% of Gen Z Believe Diwali Is Best Celebrated the Traditional Way, Reveals Sanrio Survey

Mumbai (Maharashtra) [India], November 5: India's Gen Z may be redefining self-expression, but tradition remains at the heart of their Diwali celebrations. A new survey commissioned by Sanrio, the global lifestyle and entertainment company best known for its beloved characters such as Hello Kitty, Cinnamoroll, Kuromi, My Melody, Pompompurin and Gudetama, reveals that 71% of Gen Z respondents believe Diwali is best celebrated the traditional way, while 66% want more playfulness and fun. The findings resonate with the values of friendship, kindness, positivity and inclusivity embodied by the globally iconic character Hello Kitty, as young Indians blend cherished traditions with their own personal touch. 66% want more playfulness in their celebrations, reflecting a generation that is embracing tradition while adding its own personal touch. Thoughtful gestures and meaningful connections take centre stage, with 64% favouring personal gifts and 70% believing everyone should feel included during Diwali.

Nov 05, 2026