Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines

Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines

Microsoft will likely sign the European Union’s code of practice to help companies comply with the bloc’s landmark artificial intelligence rules, its president told Reuters on Friday, while Meta Platforms rebuffed the guidelines. Drawn up by 13 independent experts, the voluntary code of practice aims to provide legal certainty to signatories. They will have to […]

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EU turns to private funding to boost quantum technology ambition

EU turns to private funding to boost quantum technology ambition

The European Union is seeking to attract private funding to help it take the lead in quantum technology by 2030, EU tech chief Henna Virkkunen said on Wednesday, as the bloc works to cut its reliance in the sector on the United States and China. Quantum technology will make processing significantly faster than conventional computing, […]

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Google makes new proposal to stave off EU antitrust fine, document shows

Google makes new proposal to stave off EU antitrust fine, document shows

Google has proposed fresh changes to its search results in an attempt to fend off growing criticism from rivals, a week before a key meeting that could lead to yet another EU antitrust fine, according to a document seen by Reuters. The U.S. tech giant has been under pressure after being hit in March with […]

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TikTok fined 0 million for China data transfers that broke EU privacy rules

TikTok fined $600 million for China data transfers that broke EU privacy rules

A European Union privacy watchdog fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the video sharing app’s data transfers to China put users at risk of spying, in breach of strict EU data privacy rules. Ireland’s Data Protection Commission also sanctioned TikTok for not being transparent with users […]

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Morning Digest | EU approves 10th package of Russia sanctions; NDA has changed fate of northeast in past nine years, says PM Modi, and more 

Morning Digest | EU approves 10th package of Russia sanctions; NDA has changed fate of northeast in past nine years, says PM Modi, and more 

European Union flags flutter outside the EU Commission headquarters, in Brussels, Belgium | Photo Credit: Reuters EU approves 10th package of Russia sanctions on anniversary of invasion The European Union, after hectic last-minute haggling, has approved a tenth package of Russia sanctions on the anniversary of Moscow’s invasion of Ukraine, the Swedish EU Presidency said late on Friday. […]

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Elon Musk reached out to EU chief to assure content policing compliance

Elon Musk reached out to EU chief to assure content policing compliance

Elon Musk has assured the European Commission that Twitter will continue to abide by tough European rules on illegal online content policing now the social network has passed under his ownership, EU sources said on Monday. In a previously unreported exchange last week, Musk told Thierry Breton, the EU’s industry chief, that he planned to […]

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Inflation hits new record in Europe, slowing economy

Inflation hits new record in Europe, slowing economy

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed ahead of what economists fear is a looming recession, largely as a result of those higher prices sapping Europeans’ ability to spend. […]

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European Union approves ban on new combustion-engine cars from 2035

European Union approves ban on new combustion-engine cars from 2035

EU negotiators sealed the first agreement of the Bloc’s “Fit for 55″ package set up by the Commission to achieve the climate goals of cutting emissions of the gases that cause global warming by 55% over this decade. EU negotiators sealed the first agreement of the Bloc’s “Fit for 55″ package set up by the […]

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EU recommends suspending billions in funding to Hungary

EU recommends suspending billions in funding to Hungary

The move comes amid concerns over democratic backsliding and the possible mismanagement of EU money in Hungary The move comes amid concerns over democratic backsliding and the possible mismanagement of EU money in Hungary The European Union’s executive branch recommended Sunday that the bloc suspend around 7.5 billion euros ($7.5 billion) in funding to Hungary […]

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