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Telefonica to shed around 5,500 jobs in Spain
Telefonica to shed around 5,500 jobs in Spain
by  AFP

Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm said in a statement on Monday. "An agreement was reached with the trade unions... concerning the implementation of a voluntary departure plan for approximately 5,500 workers," Telefonica said in a statement released via the stock market regulator.

Italy fines Apple nearly 100 mn euros over app privacy feature
Italy fines Apple nearly 100 mn euros over app privacy feature
by  AFP

Italy's competition authority said Monday it had fined the US tech giant Apple 98 million euros ($115 million) for allegedly abusing its dominant position in the mobile app market. French antitrust authorities earlier this year handed Apple a 150-million euro fine over its app tracking privacy feature.

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