The tech industry refers to the sector of the economy that involves the development, production, and distribution of technological products and services. This includes hardware, software, telecommunications, and related services that facilitate the use of technology in various fields, such as information technology, electronics, and telecommunications. The industry encompasses a wide range of companies, from startups to large multinational corporations, that create innovative technologies and applications. It plays a crucial role in shaping modern economies and influencing daily life by driving advancements in computing, communication, automation, and connectivity. The tech industry is known for its rapid growth, constant innovation, and ability to disrupt traditional business models across various sectors.
Spotify CEO Daniel Ek is advocating for stronger enforcement of the EU's Digital Markets Act (DMA) against Apple. Ek accuses Apple of using tactics to stifle competition, such as high…