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Intel fails in appeal against $1.4B European Commission fine

06/12, 10:41am

Second-highest European court sides with EC over Intel anti-competitive behavior fine

Intel must pay a 1.06 billion euro ($1.44 billion) fine handed to it by the European Union five years ago, the second-highest court in Europe has ordered. Judges based at the General Court in Luxembourg stood by the fine, issued by the European Commission in 2009 over anti-competitive behavior designed to squeeze AMD out of the processor market.

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Singapore retailers pull iPhone after Apple threats

12/06, 10:00pm

Illegal Singapore iPhones

Apple has been cracking down on retailers selling illegally unlocked iPhones – the company's Danish branch last week threatened wireless retailer Telekæden about the same issue – and is currently targeting wireless distributors in Singapore. After sending emails that implied legal action would be taken against shops that did not comply, retailers began pulling the units from shelves. Reuters reports that Apple would charge the stores approximately $700 USD per unit sold illegally.

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