Microsoft Hit With EU Antitrust Charge, Risks Hefty Fine; Tesla Recalls Cybertrucks | Business Matters Full Broadcast (June 25)

Don Ma
By Don Ma
June 25, 2024Business Matters
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Microsoft is in trouble with the EU over its popular collaboration app Teams, and could face a large fine. Antitrust regulators charged the U.S. tech giant on Tuesday for illegally bundling the product with its Office software, making it hard for rivals to compete.

Tesla said on Tuesday it was recalling most Cybertrucks in the United States over issues with its windshield wipers and exterior trim, the latest setback for the futuristic truck whose mass production is expected to start next year.

U.S. consumer confidence eased in June amid worries about the economic outlook, but households remain upbeat about the labor market and expect inflation to moderate over the next year.