Apple to Ease Grip on App Store

The video discusses Apple's internal projects to comply with the EU's 2024 Digital Markets Act. Changes include making iPhones more like Android devices, allowing side loading, and opening the NFC processor for third-party apps. Updates to the web browsing engine and Find My network are also covered. Compliance is crucial to avoid significant fines, potentially 10-20% of Apple's annual global revenue.

What major project is Apple working on to comply with the European Union's requirements?

How will the iPhone's functionality change in relation to third-party app stores?

What changes are expected regarding the NFC processor on the iPhone?

What is the significance of the Digital Markets Act for Apple in 2024?

What potential financial consequences could Apple face if they do not comply with the EU's requirements?