Meta Faces EU Charges Over ‘Pay or Consent’ Policy
EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.
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Microsoft Faces Mega Fine in EU
On Tuesday, June 25, European Union officials said that Microsoft had violated the antitrust laws of this block of countries as part of its practice of bundling Teams with other popular apps of the technology giant for business.
EU Tests Digital Identity Wallet
The European Union is gradually approaching the launch of its digital identification wallet.
NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
ECB Cuts Rates
On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.
Euro-Area Inflation Accelerates
In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.
OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe
Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.
Anthropic Brings Claude Chatbot to Europe
Startup Anthropic, which operates in the artificial intelligence industry, has launched its chatbot Claude and subscription plans for this digital product in Europe.
Green Finance Becomes a New Norm: Research
The new LBBW study “Sustainability and Green Finance” confirms that combining finance with sustainable aspects is increasingly becoming normal rather than exceptional.
ECB Holds Interest Rates to First Cut in June
During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.
ECB Prepares to Start Cutting Interest Rates Before Fed Does
The European Central Bank is demonstrating a kind of determination as part of its aspirations to begin implementing a policy of cutting interest rates before similar decisions are made by the Federal Reserve System.
Euro-Area Inflation Slows to 2.4%
On Wednesday, April 3, flash official data were released, according to which in March in 20 countries belonging to the eurozone, inflation fell to 2.4%.
EU Starts Probe Into Meta, Apple and Alphabet
The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.
World Fund to Offer €300M to European Climate Tech Founders
German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.
Apple to Allow iPhone App Downloads From Websites in Europe
IPhone owners who live in European Union countries will be able to download apps for their smartphones from websites, instead of through the App Store or a competing virtual store of digital products.
ECB Keeps Borrowing Costs Steady
The European Central Bank kept the cost of borrowing at the current level during its fourth meeting, but at the same time, new economic forecasts could become a kind of base of argument to justify the expediency of the financial regulator’s decision to start lowering interest rates in 2024.
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