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Apple agrees to reveal India revenue as it faced massive $38B fine

Apple agrees to reveal India revenue in order to avoid massive $38B fine | Photo of an Apple Store in France taken using a prism for colourful effects

Apple has agreed to reveal its revenue in India so that the government can calculate how much it should be fined for antitrust violations.

The company was found guilty of exploiting its dominant position in iPhone apps back in 2024, but the company initially refused to reveal financial data within the country. That potentially left it facing the world’s last largest antitrust fine of a massive $38 billion …

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Apple says it faces world’s largest antitrust fine as India’s regulator hardens stance

Apple says it faces world's largest antitrust fine as India's regulator hardens stance | Photo shows an Apple Card against a background of $100 bills

Apple has said that it could potentially be fined a massive $38 billion in an antitrust battle taking place in India after it refused to cooperate with the regulator. Yep, that’s billion with a B.

The iPhone maker has persistently refused to submit financial data required by the Competition Commission of India (CCI) after being found guilty of abusing its dominant position in the smartphone market …

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Apple fights massive government overreach as India demands iOS source code

Apple fights massive government overreach as India demands iOS source code | Purely illustrative stock image of source code seen on a MacBook screen

Apple is fighting many elements of a list of 83 security requirements proposed by the Indian government. This reportedly includes a requirement to hand over iOS source code.

Reuters reports the government saying that it must be able to review the source code of all smartphones in order to allow vulnerabilities to identified …

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India orders Apple to pre-install an undeletable state security app on iPhones

India orders Apple to pre-instal an undeletable state security app on iPhones | Photo shows the silhouette of a person against a background representing data

The Indian government has ordered Apple and other smartphone manufacturers to pre-install a state-owned “security” app on all phones before they are sold to users. Update: As we predicted, Apple has pushed back, but more aggressively by stating outright that it will not comply.

Adding fuel to the privacy fire, the government is also requiring smartphone makers to ensure that the app cannot be removed by users …

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