EU sticks with timeline for AI rules

[ad_1] 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 […]

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EU turns to private funding to boost quantum technology ambition

[ad_1] 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 […]

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Landmark EU tech rules holding back innovation, Google says

[ad_1] Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big Tech are hampering innovation to the detriment of European users and businesses. The U.S. tech giant will also urge regulators to give more detailed guidance to help it comply with the rules, […]

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Amazon asks court to scrap EU tech label, arguing it poses no systemic risks

[ad_1] Amazon asked Europe’s second-highest court on Thursday to scrap its designation as a platform subject to stricter requirements under landmark EU online content rules, arguing that it poses no systematic risks to its users. The Digital Services Act, which came into force in 2022, requires Big Tech companies to do more to tackle illegal […]

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Meta and TikTok challenge tech fees in second highest EU court

[ad_1] Meta Platforms and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology as they took their fight with tech regulators to Europe’s second highest court on Wednesday. Under the Digital Services Act that became law in 2022, the two companies and 16 others are subject […]

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France’s Mistral launches Europe’s first AI reasoning model

[ad_1] Mistral on Tuesday launched Europe’s first AI reasoning model, which uses logical thinking to create a response, as it tries to keep pace with American and Chinese rivals at the forefront of AI development. The French startup has attempted to differentiate itself by championing its European roots, winning the support of French President Emmanuel […]

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Trump threatens new tariffs on European Union and Apple, reigniting trade fears

[ad_1] U .S. President Donald Trump threatened on Friday to ratchet up his trade war again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all imported iPhones bought by U.S. consumers. The twin threats, delivered via social media, roiled global markets […]

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Google is much more than an advertising company…privilege to have users trust in us: Sundar Pichai

[ad_1] “We are much more than an advertising company,” Google and Alphabet CEO Sundar Pichai underlined in an interaction with global media on the sidelines of the Google I/O event on Wednesday. “We are probably the third largest enterprise software company… We have Waymo, you can think about Android, you can think about Google Play… […]

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Watch | Business Matters | How can EU’s carbon tax hurt India?

[ad_1] How can EU’s carbon tax hurt India? The European Union had in July last formalised a method to stop ‘carbon leakage’ or moving production of high-polluting products to nations outside of the EU in its bid to go green. This is called the Carbon Border Adjustment Mechanism.  Though the tax will be implemented in […]

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