Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and specialised search services such as Skyscanner over how it presents search results, putting it at risk of a hefty European Union antitrust fine. At a July 7-8 workshop organised by the European Commission, the U.S. tech giant briefed critics on its […]
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Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure to prevent allegedly irreparable harm to them, according to a document seen by Reuters. Google’s AI Overviews are AI-generated summaries that appear above traditional hyperlinks to relevant […]
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The European Union’s landmark rules on artificial intelligence will be rolled out according to the legal timeline in the legislation, the European Commission said on Friday, dismissing calls from some companies and countries for a pause. Google owner Alphabet, Facebook owner Meta and other U.S. companies as well as European businesses such as Mistral and […]
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Providers of internet-connected technology — from Apple iPhone software to baby monitors — will have to meet new cybersecurity requirements in the European Union or face fines and possibly have the product taken off the market, according to a draft proposal seen by Bloomberg. New rules from the European Commission called the Cyber Resilience Act, […]
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As regulators train their sights on stablecoins, what should people know about this asset class As regulators train their sights on stablecoins, what should people know about this asset class The story so far: In early July, the Financial Stability Board (FSB), a body which advises major economies on international finance, promised to push for stablecoin […]
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The U. S. online retail giant offered to make a number of commitments to ease competition concerns, and the European Commission, the 27-nation bloc’s top antitrust enforcer, said it will now seek feedback on them from “interested parties”. The U. S. online retail giant offered to make a number of commitments to ease competition concerns, […]
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“It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is working on a European emergency plan,” European Commission chief told legislators in Strasbourg, France. “It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is working […]
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