Apple fined in Taiwan for fair trade violation

Apple fined in Taiwan for fair trade violation

TAIPEI: Taiwanese authorities on Wednesday slapped a fine of Tw$20 million (US$667,000) on US tech giant Apple for violating a fair trade law over local iPhone pricing.

The Fair Trade Commission said an Apple unit in charge of Taiwan sales had interfered in the pricing and mobile phone payment rates of three local telecom service providers, despite selling them the distribution rights to the phones.

Yahoo chief apologizes for 'frustrating week

Yahoo chief apologizes for 'frustrating week

SAN FRANCISCO: Yahoo chief Marissa Mayer posted an apology late Friday for a "frustrating week" experienced by millions of its email service users.

 

"This has been a very frustrating week for our users and we are very sorry," Mayer said in a message at Yahoo-owned blog platform Tumblr.

 

"For many of us, Yahoo Mail is a lifeline to our friends, family members and customers," she continued.