Google fined, Gujarat chip factory and Blinkit for delivering iPhones

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By CNBCTV18.com STI (Update)

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This is the first time that Apple accessories will be delivered via a fast trade platform.

From Google fined four billion euros after losing a challenge against the European Union’s antitrust ruling to Blinkit shipping Apple products, it’s been another whirlwind week in tech. Here’s what you need to know in this weekly tech wrap.

Adobe Inc. has reached an agreement to acquire startup Figma for approximately $20 billion. Figma offers an online design collaboration platform used by companies such as Zoom Video Communication, AirBnB and Coinbase. The cash and stock deal is Adobe’s largest to date and will give it ownership of Figma. Read more.

Chip factory in Gujarat

A chip manufacturing plant, built by the Taiwanese company Hon Hai Precision Industry Co, will soon see the light of day in Gujarat. Hon Hai is responsible for assembling most iPhones around the world. The project will be undertaken by a Hon Hai joint venture named Foxconn and metals company Vedanta. Read more.

Google fined for antitrust violations

A European court has fined Google 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals. Google was fined for violating antitrust laws. The tech giant had challenged an earlier decision, but the decision was upheld by the court on Wednesday and the fine was reduced slightly by 4.34 billion euros. Read more.

Blinkit partners with Unicorn

Blinkit has partnered with Unicorn Solutions to deliver Apple products within minutes. This is the first time that Apple accessories will be delivered via a fast trade platform. Initially, the service will only be available in Mumbai and Delhi. Products include iPhone, Airpods, iWatch and other Apple accessories. Read more.

Uber breached, engineer says

Uber is coordinating with law enforcement after an unspecified cybersecurity incident is discovered. The ride-sharing service announced on Twitter that it is responding to the incident and will post updates. Read more.

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