The China Mail - EU queries Apple, Google, Microsoft over financial scams

USD -
AED 3.672499
AFN 63.49745
ALL 82.633029
AMD 367.81347
ANG 1.790403
AOA 916.999952
ARS 1461.505699
AUD 1.441639
AWG 1.8
AZN 1.715562
BAM 1.715644
BBD 2.014246
BDT 122.861805
BGN 1.69088
BHD 0.3772
BIF 2987.24539
BMD 1
BND 1.295549
BOB 6.92556
BRL 5.173098
BSD 1.000105
BTN 94.687626
BWP 13.599361
BYN 2.808821
BYR 19600
BZD 2.011333
CAD 1.418805
CDF 2264.999622
CHF 0.80976
CLF 0.023111
CLP 909.649786
CNY 6.7748
CNH 6.78915
COP 3441.24
CRC 453.69217
CUC 1
CUP 26.5
CVE 96.725381
CZK 21.24805
DJF 178.090844
DKK 6.561625
DOP 58.536115
DZD 133.598219
EGP 49.725799
ERN 15
ETB 161.234408
EUR 0.87784
FJD 2.24285
FKP 0.754878
GBP 0.75675
GEL 2.645014
GGP 0.754878
GHS 11.225636
GIP 0.754878
GMD 72.999986
GNF 8763.311637
GTQ 7.629858
GYD 209.231741
HKD 7.84001
HNL 26.757135
HRK 6.615901
HTG 130.75668
HUF 311.258997
IDR 17921
ILS 2.996975
IMP 0.754878
INR 94.746197
IQD 1310.110704
IRR 1374999.999746
ISK 126.289781
JEP 0.754878
JMD 157.423814
JOD 0.708981
JPY 161.541504
KES 129.449525
KGS 87.450353
KHR 4014.105511
KMF 430.999706
KPW 900.00035
KRW 1536.210323
KWD 0.30902
KYD 0.833436
KZT 486.473447
LAK 22146.685497
LBP 89557.448376
LKR 334.602361
LRD 182.011965
LSL 16.491476
LTL 2.95274
LVL 0.60489
LYD 6.417656
MAD 9.360252
MDL 17.606449
MGA 4178.106825
MKD 54.12869
MMK 2099.387374
MNT 3579.000015
MOP 8.07637
MRU 39.722981
MUR 47.960227
MVR 15.460471
MWK 1734.153231
MXN 17.485902
MYR 4.140497
MZN 63.899865
NAD 16.491476
NGN 1368.395506
NIO 36.798891
NOK 9.7818
NPR 151.500026
NZD 1.761385
OMR 0.384502
PAB 1.000105
PEN 3.385323
PGK 4.386042
PHP 61.243499
PKR 278.148213
PLN 3.759275
PYG 6096.517967
QAR 3.645646
RON 4.606095
RSD 103.033017
RUB 74.553283
RWF 1466.604677
SAR 3.754291
SBD 8.065041
SCR 14.05647
SDG 600.500902
SEK 9.70755
SGD 1.295885
SHP 0.746601
SLE 24.749695
SLL 20969.503664
SOS 571.588975
SRD 37.4305
STD 20697.981008
STN 21.491605
SVC 8.751031
SYP 110.532098
SZL 16.486254
THB 33.201501
TJS 9.275777
TMT 3.51
TND 2.960315
TOP 2.40776
TRY 46.47955
TTD 6.79047
TWD 31.661499
TZS 2625.232026
UAH 44.892717
UGX 3660.590537
UYU 40.114211
UZS 12015.842175
VES 616.865275
VND 26325
VUV 118.758526
WST 2.756325
XAF 575.410972
XAG 0.016117
XAU 0.000243
XCD 2.70255
XCG 1.8024
XDR 0.713895
XOF 575.410972
XPF 104.61587
YER 238.649784
ZAR 16.483897
ZMK 9001.192558
ZMW 17.940666
ZWL 321.999592
  • NGG

    0.5300

    81.5

    +0.65%

  • GSK

    0.9600

    51.7

    +1.86%

  • BCC

    0.2150

    72.755

    +0.3%

  • CMSC

    -0.0400

    22.12

    -0.18%

  • RYCEF

    0.2300

    18.63

    +1.23%

  • BCE

    0.3450

    22.995

    +1.5%

  • RIO

    -3.3700

    95.99

    -3.51%

  • BP

    -0.2790

    39.501

    -0.71%

  • BTI

    1.7700

    60.67

    +2.92%

  • AZN

    3.2450

    179.675

    +1.81%

  • RBGPF

    -0.2700

    60.34

    -0.45%

  • JRI

    0.0000

    12.65

    0%

  • VOD

    -0.0950

    14.025

    -0.68%

  • CMSD

    -0.1000

    21.98

    -0.45%

  • RELX

    0.2700

    31.1

    +0.87%

EU queries Apple, Google, Microsoft over financial scams
EU queries Apple, Google, Microsoft over financial scams / Photo: © AFP/File

EU queries Apple, Google, Microsoft over financial scams

The European Union on Tuesday demanded Big Tech players including Apple and Google explain what action they are taking against financial scams online, as Brussels seeks to show it is not shying away from enforcing its rules.

Text size:

The European Commission sent a request for information under the Digital Services Act to the companies, including Microsoft and Booking, "on how they make sure that their services are not being misused by scammers", an EU spokesman said.

The DSA is the EU's landmark law demanding Big Tech firms do more to tackle illegal content but it has faced retaliation threats from US President Donald Trump, and censorship claims from the US tech sector.

The EU has vowed it will not back down from enforcing its stringent rules to protect Europeans online.

Tuesday's request could lead to a probe under the DSA and even fines, but does not itself suggest the law has been broken, nor is it a move towards punishment.

"This is an essential step also to protect users across the EU from certain of these practices, and to make sure that platforms in the EU also play their role," EU digital affairs spokesman Thomas Regnier told reporters in Brussels.

The request relates to Apple's App Store, Google Play, online travel agent Booking and Microsoft's Bing search engine.

The EU fears app stores could be used by scammers to create fake apps posing as legitimate banking providers or fraudsters could publish links to fake websites on search engines.

- Trump threats -

The EU has a bolstered legal armoury with the DSA and its sister law, the Digital Markets Act, which seeks to ensure fair competition online.

Brussels has already launched multiple investigations under the DSA into Meta's Facebook and Instagram as well as TikTok and X.

But its rules have faced the wrath of Trump -- who has shaken up global trade by hitting America's trading partners with higher tariffs and threatened more levies on those he accuses of targeting US tech companies.

The US State Department, Trump allies and critics including Meta chief Mark Zuckerberg and X owner Elon Musk have called the EU's rules censorship.

The EU rejects such claims, stressing that whatever is illegal in the real world is also illegal in the online realm.

It has also pushed back at accusations it is targeting American titans, pointing to investigations into China's big players that face DSA scrutiny including shopping platform AliExpress.

Defenders of the bloc's tech rules have meanwhile attacked the EU for failing to complete its probe into Musk's X, which opened in December 2023. X is expected to be hit with a fine but Brussels says technical work in the investigation continues.

EU digital chief Henna Virkkunen told AFP last week that probes into online platforms including X will be completed in the "coming weeks and months".

She warned more investigations could also be on the way.

"We will probably start new ones because the DSA, of course, it's a huge legislation," she said.

W.Cheng--ThChM