EU - page 8

Science & Technology

Consumer Group Calls On EU to Investigate Risks of Generative AI

On Tuesday, June 20, the EU’s largest consumer group, BEUC, appealed to regulators to immediately begin investigating the potential risks of generative artificial intelligence.

Fintech & Ecommerce

ACI Worldwide Offers Instant Payments to UK and EU Merchants

ACI Worldwide has announced the launch of its instant payment solution for merchants in the UK and Europe.

News

Alibaba to Bring Tmall eCommerce Site to Europe

Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.

News

Gaming Startup Wargraphs Sells for $54 Million

Wargraphs, a startup that consists of one person and is developing a popular companion app for League of Legends called Porofessor, was sold for $54 million.

Fintech & Ecommerce

Nike Renews Relationships With Retailers in Shift From D2C Focus

Nike products will be available again in the warehouses of designer shoes.

News

B2B BNPL Provider Hokodo Acquires European Payments License

The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.

Science & Technology

EU Approves €8 Billion State Subsidies for Chip Research

In the European Union, it was decided to provide state subsidies in the amount of $8 billion to support research projects in the field of semiconductors.

News

European Tech Startup Funding to Drop 39%: Forecast & Implications

European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors

Blockchain & Crypto

MiCA Now Officially Signed into Law

EU officials have signed the Markets in Crypto-Assets (MiCA) bill into law following final approval from finance ministers

News

Currency One Announces Appeal Against Non-Final Judgement

A court case pending since October 2013, on the charges against Currency One SA brought by Cinkciarz.pl ended with the decision of the District Court of Poznan, which has not yet entered into force.

News

Uber’s European Business Grows After Partnering With Taxi Drivers

Uber accounts for a growing share of taxi drivers’ business in Europe.

News

Sam Altman Shares His Optimistic View of AI Future

OpenAI CEO Sam Altman, in a speech on the stage of Station F in Paris, answered questions from local entrepreneurs about his idea of the image of the future in the context of the active development and dissemination of artificial intelligence.

Science & Technology

WhatsApp Rolls Out Message Editing

WhatsApp has announced the launch of a new feature that provides users of this messenger with the ability to edit sent messages.

Society & Lifestyle

Meta Hit With Landmark $1.3 Billion EU Privacy Fine

The Meta Platforms company in Europe was fined a record amount of $1.3 billion.

News

Microsoft’s $69 Billion Activision Deal Wins EU Approval

In the European Union, the regulator approved Microsoft’s corporation takeover of Activision Blizzard Inc.

Finance & Economics

Bank of France Head Says Tough Regulations Make EU Lenders Robust

The head of the central bank of France said that strict measures to regulate the processes taking place in the banking sector create an advantageous position for creditors.