Apple and Meta have been hit with a combined fine of $800 million by the European Union (EU) antitrust regulators, over violations of the Digital Market Act (DMA). The DMA, which went into effect in 2023, is designed to promote fairness in competition among companies in the digital sector.

After one year of investigation, on Wednesday,

TikTok is the envy of every social media company. Its success has led to heavyweights in the space to borrow heavily from TikTok’s design and features in hopes of stealing away users. Meta’s latest attempt is a video editing app aimed at creators, which will compete directly with TikTok’s CapCut.

The new app, dubbed Edits, will enable content