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.
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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.
Apple Makes Big App Store Changes in Europe
Apple is forced, in a sense, to weaken the symbolic fortress of the iPhone in Europe against the background of stricter regulatory requirements in this region.
EU Watchdog Examines Microsoft’s Mistral AI Investment
Microsoft Corp. investments in Mistral AI will be analyzed by the antimonopoly authority of the European Union.
Apple Set to Face EU Fine
Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.
EU to Advance AI Act
As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.
Bitpanda Launches Institutional Crypto Platform
Austrian fintech unicorn Bitpanda has launched Bitpanda Wealth – a cryptocurrency trading platform catering to the growing demand for institutional crypto services in the EU.
BlueLayer Works on Operating System for Carbon Project Developers
BlueLayer is currently working on creating a software platform designed to be used by developers of carbon projects.
Italy Claims OpenAI Breaks GDPR Laws
The Italian data protection authority (DPA) has concluded that OpenAI and its popular AI chatbot ChatGPT do not comply with the European Union GDPR provisions.
ECB Vice President Warns About Difficulties in European Economy
Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.
Coinbase to Offer Crypto Derivatives in Europe
Coinbase intends to acquire a Cypriot company that will offer cryptocurrency-linked derivatives in the European Union.
ECB to Test Banks’ Ability to Recover From Cyberattack
The European Central Bank (ECB) will conduct a stress test of 109 financial institutions under its direct supervision on the ability to restore the functioning process after cyber attacks.
EU Digital Chief Says About Impact of AI Act on Innovation
The European Union’s (EU) competition and digital chief, Margrethe Vestager, supported the AI Act.
Meta Launches Threads for European Users
The American technology giant Meta launched the Threads social network in the European Union on Thursday, December 14.
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