EU threatens Apple with fines if it doesn't open up highly-guarded iOS software to rivals

EU antitrust regulators on Thursday warned Apple to throw open its fiercely-guarded proprietary software to rivals — or risk the prospect of major fines from.The European Commission launched so-called specification proceedings that will spell out what Apple has to do to abide by the Digital Markets Act (DMA), the strict new law aimed at tech giants from abusing their market share.While the move isn’t a formal probe, the stepped-up enforcement could upend Apple’s lucrative business model by targeting its iOS ...