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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
Apple reportedly explores Chinese memory chip suppliers amid global shortage

Apple is reportedly in talks to source memory chips from Chinese semiconductor manufacturers ChangXin Memory Technologies and Yangtze Memory Technologies for devices sold in China, as it seeks to ease the impact of a global memory shortage that has driven up component costs and forced price increases across its product range. The discussions are said to be ongoing and no agreement has been reached. Both companies are on a Pentagon blacklist of entities alleged to support China's military, raising the prospect of political opposition in Washington despite there being no formal requirement for Apple to obtain approval. According to the report, chief executive Tim Cook has appealed to Trump administration officials in an effort to mitigate any political fallout. Apple currently sources memory chips from Samsung Electronics, SK Hynix, and Micron Technology, all of which are struggling to meet surging demand.

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Risk Channel
UK/Europe
Google ordered to pay Klarna $2bn antitrust damages

A Swedish court has ordered Google to pay around SKr14.3bn ($1.5bn) in damages to PriceRunner, the price comparison website owned by Klarna, after ruling that the technology giant unfairly favoured its own shopping comparison service in search results. Including interest, the award totals around $2bn, making it the largest competition damages award in Swedish legal history, although substantially below the SKr78bn originally sought. The case stems from a long-running dispute over Google's search practices, which the European Commission first ruled against in 2017. PriceRunner argued that Google's preferential treatment of its own shopping service significantly reduced traffic to rival comparison websites, resulting in lost profits across the UK, Sweden and Denmark. Google said it disagrees with the ruling and is reviewing its legal options.

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