EU fines Apple $2 billion

The US tech giant has been accused of abusing its dominant position in the market for the distribution of music streaming apps The EU announced on Monday it has fined tech giant Apple €1.84 billion ($2 billion) for breaking the bloc’s competition laws. This is the company’s first ever EU antitrust penalty.

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Richard Branson’s rocket firm files for bankruptcy

Virgin Orbit was unable to secure the funding it needed to recover from the failure of its last mission Richard Branson’s Virgin Orbit Holdings, a California-based satellite launch company and a subsidiary of his Virgin Group, announced on Tuesday that it had filed for Chapter 11 bankruptcy protection in the US.

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Minister resigns over new rules on changing gender

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