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Chatter: South Korea Watchdog Finds Apple, Google Violated In-App Purchase Laws","url":"https://stock-news.laohu8.com/highlight/detail?id=2659874751","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659874751?lang=en_us&edition=fundamental","pubTime":"2026-08-13 11:16","pubTimestamp":1786590980,"startTime":"0","endTime":"0","summary":"South Korea's media watchdog found that US technology giants Apple and Google violated laws governing in-app purchases by abusing their dominant positions in the app marketplace, Yonhap News reported Wednesday.The companies are accused of bypassing a law prohibiting large app-market operators from forcing developers to use their in-app payment systems by charging fees of about 26% on purchases made through third-party payment platforms, the report said.The Korea Communications Commission warned the companies in 2023 that they could face the maximum possible fines, but no fines have been imposed to date, the report said.Sanctions against the two companies have yet to be determined.Google and Apple did not immediately respond to MT Newswires' requests for 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Midday Sector Update: Utilities Stocks Advance, Communication Services Sector Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=2659871671","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659871671?lang=en_us&edition=fundamental","pubTime":"2026-08-13 11:05","pubTimestamp":1786590316,"startTime":"0","endTime":"0","summary":"Utilities stocks advanced nearly 3% at midday Thursday.Origin Energy  gained almost 5% in recent trade after reporting AU$0.672 in underlying earnings per share  for fiscal 2026, compared with AU$0.864 a year ago.On the flip side, the communication services sector struggled, shedding more than 3%.Telstra Group  shares were down nearly 5% after posting AU$0.204 in underlying EPS for fiscal 2026, compared with AU$0.191 a year 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Its market value then increased from 19.998 trillion kroner at the end of March to 22.683 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