Apple's regulatory battle and Gaza's vaccine relief

Apple navigates US, EU legal challenges in 2024, as Gaza receives crucial vaccines for health crisis relief and China's SOEs ramp up renewable energy

For the first time ever, with the New Year and the weekend, we had three straight days without any significant news. But the quiet is probably over — I expect a return to (almost) daily emails this week.

Today ChatGPT read 1157 top news stories. After removing previously covered events, there are 3 articles with a significance score over 7.

[7.3] Vaccine doses enter Gaza to address health crisis — Voice of America - VOA News

Thousands of vaccine doses, including for polio and measles, have entered Gaza to address a health crisis due to disrupted services during Israel's ground offensive. The supplies, enough for 8-14 months, entered through Egypt's Rafah border. With an estimated 60,000 newborns in need, the vaccines aim to prevent disease spread. The vaccines were purchased and donated by UNICEF.

[7.1] In 2024, Apple faces regulatory challenges in the US and EU — Financial Times [$]

In 2024, Apple faces critical legal and regulatory challenges in the US and EU, threatening its $85bn-a-year services business. A US antitrust trial against Google reveals payments over $26bn to Apple for default search engine status, potentially ceasing if Google loses. Apple's services, including the App Store, face increased scrutiny, especially with new EU legislation forcing changes for Big Tech. The outcome of these legal battles could significantly impact Apple's business model and revenue streams.

[7.1] China's state-owned enterprises are increasing renewable energy capacity — Financial Times [$]

China's state-owned enterprises (SOEs) are increasingly investing in renewable energy. Renewable electricity generation capacity rose to 50% in 2023, up from 38% in 2019. This aligns with China's commitment to peak CO₂ emissions by 2030 and achieve net zero by 2060. SOEs account for 66% of China's GDP and are instrumental in large-scale renewable projects, especially in remote areas. Their shift to renewables, while initially mandated, is proving financially advantageous, with new energy sources outperforming traditional coal and gas.

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Thanks for reading us and see you tomorrow,

Vadim

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