TNB Tech Minute: Apple and Meta Slapped With EU Fines
02:09 Share

Here's your TMB Tech Minute for Wednesday, April 23rd. I'm Katie Dayton for The Wall Street Journal. Apple and Meta may have to change how they operate their businesses in the European Union after the bloc's executive body accused the pair of breaching new tech rules. The

The companies were also handed fines of hundreds of millions of dollars in rulings that came in the middle of tense trade talks between the EU and the US. Apple and Meta both say they'll appeal. We'll be diving deeper into the case in tomorrow morning's tech news briefing.

NVIDIA is joining the likes of OpenAI, Google, and Amazon in the race to offer AI agents. The chip giant has released new software that aims to help businesses build their own autonomous bots that can independently perform tasks. The platform is called Nemo Microservices and is designed for companies that want to use AI agents but are cautious of handing over their confidential data to open source models.

And shares in SAP surged today after the business software group posted a better-than-expected quarterly operating profit of €2.46 billion. The German company generates revenue from cloud and software services, making it relatively insulated from tariffs. But its finance chief said that if a trade war led to a global recession, the firm would not come out unscathed. For a deeper dive into what's happening in tech, check out Thursday's Tech News Briefing podcast.